Fargo's growing economy and North Dakota Housing Finance Agency's LIHTC program create opportunities in one of the most affordable markets in the U.S. The city's Renaissance Zone provides unique property tax exemptions.
These programs are available specifically to investors and developers in the Fargo, ND market.
North Dakota allocates LIHTC credits through NDHFA for affordable housing development.
Learn more5-year property tax exemption and state income tax exemption for qualifying investments in the designated renaissance zone.
Federal community development funds for affordable housing and community improvement.
State fund providing gap financing to make affordable housing projects financially feasible.
Learn moreLow-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In North Dakota, credits are allocated by NDHFA.
Credits are allocated by NDHFA through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.
View NDHFA LIHTC ProgramRenaissance Zone provides 5-year property tax AND income tax exemptions
Housing Incentive Fund provides unique state-level gap financing
Growing tech and ag economy driving housing demand
Very limited competition for LIHTC credits
FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Fargo.
Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.
Learn moreShort-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.
Learn moreFinance multiple properties in Fargo's Opportunity Zones under a single loan structure.
Learn moreTell us about your Fargo investment plans. We'll match you with the best financing options within 24 hours.