Low-Income Housing Tax Credits & Opportunity Housing in North Dakota, 2018

 

The 2018 North Dakota Qualified Allocation Plan (QAP) provides incentives for projects the incorporate opportunity housing.

Redevelopment and Revitalization -  5 points

A project will receive 5 points if it meets one of the following conditions:

(1) The project is located on a site considered by NDHFA, in its sole discretion, to be grayfield or brownfield in nature. For purposes of this Plan, the term grayfield refers simply to previously developed property while brownfield refers to previously developed property where future use is affected by real or perceived environmental contamination.

(2) The project is in a QCT or city revitalization area established by resolution or other legal action by the city, and the development of the project contributes to a concerted community revitalization plan, as defined in section IIB of this Plan.

Adaptive reuse projects are eligible for points under this category. Rehabilitation of existing habitable and occupied housing is not.

Contributed By: 
National Housing Trust

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