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Committee moves $13.5 million rent-stabilization transfer to Housing Incentive Fund and authorizes three staff positions
Summary
Members of the Appropriations - Government Operations Division agreed to transfer $13.5 million from the State Investment Fund to the Housing Incentive Fund for a rent-stabilization program and authorized three full-time positions for the program's administration, while debating how to absorb existing HHS ARPA staffing and audit requirements.
Members of the Appropriations - Government Operations Division agreed to move $13,500,000 from the State Investment Fund (SIF) into the Housing Incentive Fund (HIF) to fund a new rent-stabilization program and authorized three full-time equivalent positions to support administration.
The agreement followed a presentation by David Flor, executive director of the North Dakota Housing Finance Agency (HIF agency), and questions from lawmakers about how the new program would relate to work currently performed by the Department of Human Services (HHS) under ARPA funds. "We would take it on. Because we think it's important," Flor said of the agency taking responsibility for rent-stabilization funding.
The committee debated staffing and delivery. Representative Pyle said the HIF approach would speed payments to landlords by routing public-facing applications through local nonprofits rather than the state: "the…
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