JDA Housing Down Payment Assistance Program
The purpose of the JDA Housing Down Payment Assistance Program is to encourage the construction and purchase of single-family homes in McKenzie County by providing down payment financial assistance to homebuyers in McKenzie County who will make the purchased home their primary residence for at least five years. At the February 18 Board of County Commissioners meeting, $2 million was allocated towards the program. TOTAL AVAILABLE FUNDING: $1,397,850 (as of March 24, 2025) – AVAILABLE FUNDING FOR EXISTING HOMES: $557,250 (as of March 24, 2025) – AVAILABLE FUNDING FOR NEWLY-BUILT HOMES: $840,600 (as of March 24, 2025)
- Program Parameters
- Existing Home Application
- Newly-Constructed Home Application
- Agreement
- Declaration of Lien Interest
- JDA Disclosure
- Obligation Letter
For more information, contact Daniel Stenberg at 701-444-8856.
FAQs
Please refer to the above-linked Program Parameters for complete details or contact John Suter at 701-444-8855 for other specific questions.
Here are a few of the frequently asked questions we have been receiving about this program:
- Is this for first-time homebuyers only? No, this program can be utilized by both first-time homebuyers as well as those who have already owned a home. Just note that the applicant must commit to living in the home for five years.
- Is there an income requirement? No, there is no income (minimum or maximum) requirement, but an applicant must be pre-approved by a financial institution before applying to this program.
- Can this be used with other down payment assistance programs? Yes, programs like ND Housing Finance Agency’s down payment assistance program can be used alongside this one.
- Can this program be utilized if the applicant is paying cash/not using a lender for the home purchase? No, permanent financing from a financial institution is required.
