BISMARCK — North Dakota Housing Finance Agency (NDHFA) is accepting applications for affordable rental housing development assistance and funding for homeownership and rental assistance programs for low-income households.

NDHFA is accepting applications for three federal housing programs – HOME Investment Partnerships (HOME), Low Income Housing Tax Credit (LIHTC) and the National Housing Trust Fund (HTF).

In North Dakota, HOME supports housing production and funds homeownership and rental assistance programs. Through this program, $3 million is available.

LIHTC encourages private sector investment in affordable housing through tax incentives. Property owners receive the credits for up to 10 years, based on their capital investment and a project’s level of commitment to low-income tenancy. NDHFA has $2.875 million in credit authority available, which will generate more than $25 million in project equity.

The HTF’s purpose is to increase and preserve the supply of housing for extremely low-income households, including homeless individuals and families. Approximately $2.9 million is available.

The application process for the programs is competitive with the top-scoring projects awarded conditional commitments from NDHFA. Applicants must provide evidence that there is a need for the proposed project or program, and that the costs are reasonable. The application deadline for all of these programs is 5 p.m. on Sept. 30.

More information is available by contacting the agency at (800) 292-8621, 328-8080, 711 (TTY) or hfainfo@nd.gov.