North Dakota Housing Finance Agency (NDHFA) will hold a public hearing regarding the proposed changes to the 2014 North Dakota QAP on November 4, 2013 at 10:00 AM. The Hearing will be held at:
North Dakota Housing Finance Agency
2624 Vermont Avenue
Bismarck, ND 58504
Some notable changes include:
- Added points to “special needs” projects rented to tenants with: Chronic or persistent mental illness, drug dependency, developmental disabilities, physical disabilities (accessible units), homeless, or frail Elderly.
- Added points for “green communities”.
- Added point for projects that have “committed leverage” with firm commitments for contributions or incentives from local government, private parties and/or philanthropic, religious or charitable organizations, excluding entities with an identity of interest or with a significant role in the property (e.g. contractors,
accountants, architects, engineers, consultants, etc.).
NDHFA expects the Final 2014 North Dakota QAP to be available by late November. There are two proposed QAP cycles. The first application cycle deadline is January 31, 2014 and the second application cycle deadline is April 30, 2014.