North Dakota is showing positive growth in a variety of economic factors–the lowest unemployment rate in the country, home value increases among the highest in the nation, and overall increases in median income.  We are seeing progress in closing our housing affordability gap, but work still needs to be done.  Workers at all skill levels and in all wage ranges are needed in any community.  And, job growth and economic development cannot happen without adequate housing.  Communities need to have an adequate balance of housing stock including options for low and moderate income families to ensure that our community can grow and prosper.  That is why the Rugby Job Development Board of Directors commissioned the 2011 Rugby Comprehensive Housing Study with 24 recommendations that are needed to continue to grow our community.

Rugby Comprehnsive Housing Study 2011

The North Dakota Housing Finance Agency (NDHFA) is a public financial institution dedicated to making housing affordable for all North Dakotans.  The Agency facilitates affordable mortgage financing, assures the continued availability of low-income rental housing, and seeks to provide for the state’s changing housing needs.

The Industrial Commission of North Dakota, consisting of the Governor, Attorny General, and Agriculture Commissioner, oversees the Agency with advice from a six-member citizen advisory board.


Community Partners:  Community Partners provides a financing incentive to first-time home buyer purchasing homes through community or non-profit sponsored housing developments.

Downpayment and Closing Cost Assistance (DCA):  The zero-interest, deferred payment loans available through the Down Payment and Closing Cost Assistance program help lower income first-tome home buyers meet out-of-pocket cash requirements.

First Home:  Through NDHFA’s standard mortgage program, known as First Home, North Dakota’s low to moderate-income first-time home buyers receive a reduced-interest rate mortgage loan.

Habitat forHumanity Loan Purchase:  NDHFA purchases and services loans made by local Habitat for Humanity affiliates, in turn supporting the organization’s mission to eliminate poverty housing and homelessness.

Home Access:  With the Home Access program, permanently disabled, elderly and single-parent households and honorably discharged veterans that are not first-time home buyers may qualify for NDHFA’s mortgage loans.

Major Home Imrovement:  Through the Major Home Improvement program, households may receive reduced-interest rate loans to purchase or refinance and rehabilitate a single-family home.  The borrowers are not required to be first-time home buyers.

Home Key:  With Home Key, lower income first-time buyers are able to enhance their purchasing power by receiving a break on NDHFA’s already reduced-interest rate mortgage loans.

North Dakota Roots:  The North Dakota Roots home ownership incentive program provides new and returning state residents with either a below-market interest rate loan or a market-rate loan that includes down payment and closing cost assistance.

Start:  The Start program offers low-to moderate first-time home buyers both an affordable first mortgage and assistance with out-of-pocket cash requirements.


Construction Loan Guarantee:  The Construction Loan Guarantee program provides loan guarantees to lenders on construction loans for affordable single-family housing in rural communities.

Helping Housing Across North Dakota (Helping HAND):  Helping HAND grant dollars support the housing needs of North Dakota’s lower-income families by offering a funding source to targeted single-and multi0family housing rehabilitation programs statewide.

Housing Market Survey Grants:  The housing Market Survey Grant program offers a cost-sharing incentive to rural communities to develop a local housing strategy by helping to pay for an analysis of their current and future housing needs.

Low Income Housing Tax Credits (Housing Credits):  The Low Income Housing Tax Credit program provides incentives for the production and rehabilitation of affordable rental housing by compensating the property owner for charging rent that are generally lower than would be feasible without credits.

Neighborhood Stabilization Program:  The Neighborhood Stabilization Program (NSP) provides funds to purchase and redevelop foreclosed or abandoned property into affordable housing that stabilizes neighborhoods and stems the decline of property values.

Rehab Accessibility Program (RAP):  Rehab Accessibility Program grant dollars address accessibility issues in single- or multi-family properties occupied by low-income individuals with physical disabilities.

Rural Community Housing Development:  Through the Rural Community Housing Development program, low-cost financing is available for pre development soft costs like land acquisition and site development.

Rural Housing Rehabilitation Loan:  The Rural Housing Rehabilitation Loan program provides a low-cost, revolving fund for the rehabilitation of existing housing stock located in areas with less than 20,000 population.


Affordable Housing Disposition Program (AHDP):  The Resolution Trust Corporation properties sold under the Affordable Housing Disposition Program in North Dakota are monitored by the NDHFA.

Contract Administration:  NDHFA administers contracts for US Department of Housing and Urban Development (HUD) project-based Section 8 housing developments located throughout North Dakota.

Low Income Housing Tax Credit:  The Agency’s Property Management Division, acting as a compliance specialist, administers Internal Revenue Service regulations and requirements for local tax credit.

Moderate Rehabilitation:  The NDHFA determines applicant eligibility for HUD’s Section 8 Moderate Rehabilitation properties, provides regulatory oversight of the properties and distributes HUD’s rental assistance funds.

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