State of North Dakota secondary Archives: on Welfare & Poverty


Jack Dalrymple: $15 million in our Housing Incentive Fund and FlexPace

A great challenge facing our state is the supply of housing. More housing is on its way, but high rents have caused the greatest challenge for people in the low to moderate income category. To meet this challenge we are currently making direct investments in low income housing through our new Housing Incentive Fund administered by our own Housing Finance Agency. These housing projects are popping up throughout North Dakota and have rents that are capped by long-term agreements with the developers. Single bedroom units have become available in the $300-$400 range.

Two years ago we challenged the taxpayers of North Dakota to invest $15 million in our Housing Incentive Fund in exchange for state income tax credits. This will result in the construction of 739 housing units valued at $104 million. Despite this good progress, the need for affordable housing is so great that we recommend increasing the Housing Incentive Fund in the coming two years to $50 million.

Source: North Dakota 2013 State of the State Address Jan 8, 2013

  • The above quotations are from State of North Dakota Politicians: secondary Archives.
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Page last updated: Feb 12, 2018