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U.S. Senator Heidi Heitkamp today announced that the U.S. Senate and the U.S. House of Representatives have passed bipartisan legislation she introduced with Republican Senator Dean Heller from Nevada to help vulnerable veterans secure housing. The bill now goes to the President’s desk to be signed into law

Senator John Hoeven today announced that the Internal Revenue Service (IRS) has agreed to raise the safe harbor threshold for expensing the purchase, acquisition or improvement of tangible property from $500 to $2,500 for many small businesses and family-owned farms and ranches. The change will ease the compliance burden for taxpayers who do not maintain applicable financial statements and would have otherwise faced complex capitalization rules for many basic, common purchases, such as machinery and equipment parts, computers and smart phones.

Senators John Hoeven (R-N.D.) and Amy Klobuchar (D-Minn.) announced that President Obama this afternoon signed their Water Heater Efficiency legislation into law. The new law enables rural electric power cooperatives and their members to continue using large, energy-efficient water heaters in “demand response” conservation programs. The measure passed the Senate last month and the House earlier this month.

Six new housing projects for low income households will receive development support from the North Dakota Housing Finance Agency (NDHFA) in 2015, the Industrial Commission announced today

The North Dakota Industrial Commission announced today that the North Dakota Housing Finance Agency (NHDFA) has fully capitalized the state’s affordable housing development program only eight months after it was reauthorized.

BISMARCK - May 29, 2013 - (RealEstateRama) -- The Industrial Commission today approved the biennial allocation plan for the state’s Housing Incentive Fund (HIF), allowing the North Dakota Housing Finance Agency (NDHFA) to accept applications from multifamily housing developers and contributions from taxpayers

BISMARCK, ND - March 11, 2013 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has made conditional commitments to five multifamily housing developers for $2.61 million in federal Low Income Housing Tax Credits (LIHTC)

BISMARCK - January 03, 2012 - (RealEstateRama) -- The Industrial Commission of North Dakota has reported that more than 600 private investors have successfully capitalized the $15 million state Housing Incentive Fund (HIF).

DICKINSON, ND - August 13, 2012 - (RealEstateRama) -- Beyond Shelter, Inc. (BSI) and the North Dakota Housing Finance Agency (NDHFA) co-hosted a ground breaking today for Patterson Heights Apartments. Located at 700 Dakota Boulevard, the affordable housing development is supported by a Marathon Oil Co. contribution to the North Dakota Housing Incentive Fund (HIF) and the state’s Law Enforcement Pilot Program (LEPP).

BISMARCK - May 31, 2012 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) has conditionally committed $6.3 million for nine multi-family housing projects with a total of 254 units in seven cities if sufficient taxpayer support is received through the state’s