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

Budget Section (Legislative) · December 10, 2025
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Summary

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.

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)…

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