You are browsing the archive for housing incentive fund.

Affordable housing a competitive game: Developers compete for federal, state tax credits

January 25, 2014 in Uncategorized

Although the Housing Incentive Fund has been tapped out since November, developers are still trying to find ways to bring affordable housing to Dickinson.
Two housing projects — one an apartment building for seniors, the other two- and three-bedro…continue reading on thedickinsonpress.com

Affordable housing a competitive game: Developers compete for federal, state tax credits

January 25, 2014 in Uncategorized

Although the Housing Incentive Fund has been tapped out since November, developers are still trying to find ways to bring affordable housing to Dickinson.
Two housing projects — one an apartment building for seniors, the other two- and three-bedro…continue reading on thedickinsonpress.com

Housing Incentive Fund his $20 million contribution mark

January 8, 2014 in Uncategorized

BISMARCK – A state fund designed to encourage the building of affordable housing for essential workers and low-income North Dakotans has been fully capitalized a year before the deadline, as banks, businesses and individuals raced to take advantage…continue reading on thedickinsonpress.com

Housing Incentive Fund his $20 million contribution mark

January 8, 2014 in Uncategorized

BISMARCK – A state fund designed to encourage the building of affordable housing for essential workers and low-income North Dakotans has been fully capitalized a year before the deadline, as banks, businesses and individuals raced to take advantage…continue reading on thedickinsonpress.com

Gate City Bank contributes $3M to Housing Incentive Fund

November 15, 2013 in Uncategorized

Gate City Bank President Steve Swiontek and Executive Vice President and Director of Lending Kevin Hanson presented Gov. Jack Dalrymple and North Dakota Housing Finance Agency Acting Executive Director Jolene Kline with a $3 million North Dakota Hous…continue reading on thedickinsonpress.com

$35.4M Housing Incentive Fund already depleted

November 7, 2013 in Uncategorized

BISMARCK — More than $35 million approved by state lawmakers last spring to spur construction of affordable housing for essential workers and low-income residents has already been committed, leaving no available funding until 2015 and demonstrating…continue reading on thedickinsonpress.com

$35.4M available as incentive to build low-income housing

May 28, 2013 in The Dickinson Press

BISMARCK Multi-unit contractors now have $35.4 million to work with to create affordable housing for essential service employees and low-income families. Continue Reading

Housing Incentive Fund limit within sight

July 20, 2012 in The Dickinson Press

The North Dakota Housing Finance Agency gave almost $5.46 million to eight projects in the last round of grants, and money from the $15 million Housing Incentive Fund could soon run out, officials said earlier this week. Continue Reading

Housing Incentive Fund helps ease Oil Patch housing shortage

June 5, 2012 in Grand Forks Herald

The Housing Incentive Fund, a new incentive created by the Legislature, allows taxpayers, banks and companies to receive a dollar-for-dollar state tax credit by contributing toward affordable rental housing projects. Continue Reading

N.D. fund collects $6.3 million to help build more affordable housing

January 31, 2012 in Grand Forks Herald

Conditional funding committed to affordable rental projects in Grand Forks, western Oil PatchMore than 200 individuals and 19 businesses and financial institutions contributed to the Housing Incentive Fund by January, giving a combined $6.3 million that will be used to provide flexible funding to help developers build new apartments with affordable units. Continue Reading