Housing fund coming up short in ND oil country

Published on NewsOK Modified: December 11, 2012 at 2:54 pm •  Published: December 11, 2012
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Dalrymple called WPX's contribution "a very positive announcement" during a ceremonial check presentation at the state Capitol. The governor and Stenehjem also used the event as an opportunity to solicit more contributions from individuals as businesses.

"It's an easy way to assist the housing needs in North Dakota," Stenehjem said.

Anderson, director of the housing agency, said 90 percent of the fund's donations have come from individual taxpayers. The remainder, and two-thirds of the fund's total, has come from businesses, he said.

Anderson said his agency has estimated that some 3,500 new housing units are needed annually in the oil patch to keep pace with the growing population.

Dalrymple said he's asked the Legislature to raise the tax-credit allotment to $20 million in 2013-14 and to set aside $30 million from the state's general fund for affordable housing incentives.

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