- Associated Press - Sunday, December 27, 2015

BISMARCK, N.D. (AP) - Housing officials say North Dakota residents interested in helping develop affordable housing in the state still have time to earn a credit on their 2015 state income tax.

Officials say residents can get the tax credit as long as the North Dakota Housing Finance Agency receives their contribution to the state’s Housing Incentive Fund by Dec. 31.

The Housing Incentive Fund provides developers of affordable rental housing with low-cost financing if they agree to set aside units for essential service workers and low- to moderate-income households.

The program gives individual and business donors a dollar-for-dollar tax credit. Donors are allowed to designate their contributions for specific projects.

The fund has received more than $24 million in contributions since it was established.


Online: www.ndhousingincentivefund.org

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