Tax Credits Available to Housing Developers
BISMARCK - December 28, 2010 - (RealEstateRama) -- The Industrial Commission of North Dakota has approved the 2011 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan, making more than $2.4 million worth of federal tax credits available to developers of affordable housing
State of North Dakota Receives $343,000 in Affordable Housing Funds
Des Moines, IA - December 28, 2010 - (RealEstateRama) -- Communities throughout the state of North Dakota were recently awarded $343,000 in affordable housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP). The two projects slated for completion with these grants will create 47 homes for lower income families. In total, FHLB Des Moines awarded $16.4 million to 57 projects.