Yearly Archives: 2009
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).
Obama Administration Awards $1,654,289 in Homeless Grants Throughout North Dakota
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 19 local homeless assistance programs operating throughout North Dakota
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.
Housing Stabilization Funds Available
BISMARCK, ND - December 9, 2009 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) is soliciting pre-applications for funding under the federal Neighborhood Stabilization Program (NSP).
Federal Housing Stabilization Funds Released
BISMARCK, ND - October 30, 2009 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) has awarded more than $6.5 million to cities and non-profit organizations through the federal Neighborhood Stabilization Program (NSP).
Housing Agency Seeks Champions
BISMARCK, ND - October 27, 2009 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) is seeking nominations for the 2009 Champion of Affordable Housing Leadership and Housing Production Awards.
HUD Announces $500 Million in Recovery Act Grants to Add Affordable Rental Housing, “Green”...
WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- U.S. Department of Housing and Urban Development Secretary Shaun Donovan awarded $500 million in competitive grants today that will allow public housing authorities across the U.S. to build or renovate affordable rental apartments and make existing public housing units more energy efficient.
Tax Credits Awarded for Affordable Housing Development
BISMARCK, ND - September 18, 2009 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.7 million in Low Income Housing Tax Credits (LIHTC) to support construction or rehabilitation of 266 housing units.
Housing Market Survey Grants Available
BISMARCK, ND - September 10, 2009 - (RealEstateRama) -- The Industrial Commission has approved $50,000 of additional funding for the North Dakota Housing Finance Agency’s (NDHFA) Housing Market Survey Grant program.
