Developer Demand For Tax Credits Is High
BISMARCK, ND - April 19, 2010 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.4 million in Low Income Housing Tax Credits (LIHTC) to support the construction or rehabilitation of 177 housing units.
Rural Housing Investment Incentive Projects Selected
BISMARCK, ND - March 29, 2010 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has selected seven projects for a demonstration program.
Commission Approves Helping Hand Grants
BISMARCK, ND - March 29, 2010 - (RealEstateRama) -- The Industrial Commission of North Dakota has approved the distribution of nearly $450,000 in grants to nonprofit organizations statewide through the North Dakota Housing Finance Agency’s (NDHFA) Helping Housing Across North Dakota (Helping HAND) program.
Agency Recognizes Housing Champions
BISMARCK, ND - March 1, 2010 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) recognized four lenders and two advocates as Champions of Affordable Housing at the 2010 Statewide Housing Conference.
Group Working to Address Rural Housing Issues
BISMARCK, N.D. - February 12, 2010 - (RealEstateRama) -- A group of 11 state and federal agencies and nonprofit developers are working together to develop solutions to North Dakota’s housing challenges.
Dorgan Says 3,400 North Dakotans Have Used Homebuyer Tax Credit
WASHINGTON, D.C. - February 8, 2010 - (RealEstateRama) -- U.S. Senator Byron Dorgan (D-N.D.) said today that 3,400 North Dakotans have used the First Time Homebuyer Tax Credit passed last year by Congress as part of a major economic recovery bill.
Conference to Focus on Housing Matters
BISMARCK, ND - February 2, 2010 - (RealEstateRama) -- The 19th Annual Statewide Housing Conference, “Housing Matters,” will be held Feb. 23-24, 2010, at the Ramkota Hotel in Bismarck.
Tax Credits Available to Developers of Low-income Housing
BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).
BND and NDHFA team up to help rural financial institutions
BISMARCK, ND - December 18, 2009 - (RealEstateRama) -- Bank of North Dakota (BND) and the North Dakota Housing Finance Agency (NDHFA) are jointly offering a $10 million Rural Mortgage Loan Program, effective Jan. 1, 2010.
Industrial Commission Approves Rural Housing Incentive
BISMARCK, ND - December 17, 2009 - (RealEstateRama) -- The Industrial Commission of North Dakota has approved a Rural Housing Investment Incentive Pilot Program to help rural communities attract developers, make housing affordable, and bridge the financial gap between construction costs and property value. The North Dakota Housing Finance Agency (NDHFA) will administer the program.