North Dakota

A new note from Peter Lawrence with Novogradac and Co. analyses state use of the private activity bonds (PABs). In 2017, eleven states reported no multifamily PAB issuance, up from ten in 2016 and down from the high of 30 in 2011.

Registration will open in September.

Both hearings will be held at NDHFA’s office, 2624 Vermont Ave., Bismarck, ND.

The North Dakota Housing Finance Agency announced that the Housing Incentive Fund, a state effort to create affordable rental housing, is resuming activity. NDHFA is accepting applications for development assistance through the Housing Incentive Fund, a program that has created more than 1,500 new units statewide.

Compilation of State Housing Finance Agency from across the nation for the week of October 20.

NDHFA staff is in the process of developing a Draft 2015 Qualified Allocation Plan (QAP). If you have suggestions for changes to the existing plan, please provide your written comments by August 26, 2014 to sburgess@ndhfa.org. NDHFA expects to have a draft QAP ready for public comment by mid-October, 2014.

NDHFA staff is in the process of developing a Draft 2015 Qualified Allocation Plan (QAP). If you have suggestions for changes to the existing plan, please provide your written comments by August 26, 2014 to sburgess@ndhfa.org. NDHFA expects to have a draft QAP ready for public comment by mid-October, 2014.

Jolene Kline was recently Appointed Executive Director of North Dakota Housing Finance Agency (NDHFA). Jolene has served as the interim executive director since the retirement of Mike Anderson in May. She has been with NDHFA since 19and was in 2006 was selected as the first director of NDHFA’s planning and housing development division, which is charged with helping communities address housing shortages and unmet needs.

The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2014.

North Dakota Housing Finance Agency (NDHFA) will hold a public hearing regarding the proposed changes to the 2014 North Dakota QAP on November 4, 2013 at 10:00 AM.

The Internal Revenue Service (IRS) recently published Revenue Procedure 2013-31, which details the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers allocated for calendar year 2013.

North Dakota Housing Finance Authority (NDHFA) staff is in the process of developing a Draft 2014 Qualified Allocation Plan to be used in the administration of the Low Income Housing Tax Credit Program. If you have suggestions for changes to the existing plan, please provide your written comments by August 20, 2013. A draft 2014 Qualified Allocation Plan is expected to be ready for public comment by October 22, 2013.