Housing Available, Mortgage Advice for Flood Victims

Housing Available, Mortgage Advice for Flood Victims

BISMARCK, ND – April 2, 2009 – (RealEstateRama) — The North Dakota Housing Finance Agency (NDHFA) is offering state residents affected by flooding with access to temporary rental housing and urging homeowners with mortgages to contact their lenders.

“North Dakota Housing has directed our Housing and Urban Development (HUD) subsidized properties to make any vacant rental units available to households displaced by flooding,” said Mike Anderson, NDHFA executive director. 

Unfurnished apartments can be rented on a month-to-month basis at market rate until displaced families or individuals are able to return to or locate new permanent housing. The displaced households will not be subject to income restrictions normally associated with these rental units. Contact NDHFA’s Property Management Division for more information, (800) 292-8621, (701) 328-8080 or info (at) ndhfa (dot) org.

The Agency is also urging homeowners who may face difficulty in making mortgage payments due to flooding to contact their mortgage company. Be prepared to provide updated contact information, information on the home’s condition, and ability to make future payments.

NDHFA borrowers should call (800) 292-8621, (701) 328-8080 or servicing (at) ndhfa (dot) org. If your home loan is held by another lender, contact that financial institution as soon as possible.

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