Single Family Housing

Single Family Housing Programs provide homeownership opportunities to low- and moderate-income rural Americans through several loan, grant, and loan guarantee programs. The programs also make funding available to individuals to finance vital improvements necessary to make their homes decent, safe, and sanitary. Visit the following site for a complete overview: Single Family Housing Programs

North Dakota Highlights

Guaranteed Loan Program

Guaranteed Loan - Prohibited Purposes- Properties with income producing potential, as well as with non-essential buildings (guest houses, horse corral, barns, etc.) are ineligible. Small storage sheds and small pump houses are acceptable. Properties that are ff grid have catchment or cistern water systems, and/or have large acreage are also prohibited. Unpermitted additions are not eligible. Unpermitted, converted garage space must be converted back to its original use.

"Flipping Rule"- USDA does not have a specific guideline regarding how long the subject property must be owned by the seller. It is the lender's responsibility to insure that the appraised value is based on the most current and accurate data available.

Direct Loan & Grant Programs

Below is a helpful handbook on Single Family Housing Direct Loan and Grant Programs for your convenience.

• Regulations - Handbook 3550

 Links to Regulations

• RD Instruction 1980-D

• Administrative Notices - 1980-D

Single Family Housing Contact Information
916 E. Interstate Ave., Ste 3
Bismarck, ND 58503
Phone: (701) 250-4367 Ext. 4 | Fax: (701) 250-4363
info@nd.usda.gov

Additional Resources

• US Department of Housing & Urban Development

• ND Housing Finance Agency