Housing Incentive Fund: agencies report strong demand; seven multifamily projects awarded in first application round

Dec 10, 2025

Jennifer Henderson of the Housing Finance Agency said the HIF continues to be oversubscribed; in the 2025–27 biennium one application round funded seven projects and left about $6 million for a second round in 2026.

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Jennifer Henderson, community housing and grants manager at the North Dakota Housing Finance Agency, updated the Budget Section on activity in the Housing Incentive Fund (HIF). She said a total of $35,000,000 was appropriated for the 2025–27 biennium (less a $150,000 veto) with $20,000,000 earmarked for multifamily and $5,000,000 for single-family activity.

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