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N.D. (NewsDakota.com) – The State Housing Agency has announced that 40,000 homes have been purchased through the North Dakota Housing Finance Agency’s FirstHome program.

The state agency assists North Dakotans, primarily first-time buyers, in becoming homeowners by providing affordable mortgage loans, and down payment and closing cost assistance.

“Many modest income households struggle to afford the down payment and closing costs when they purchase their first home,” said Jolene Kline, NDHFA executive director. “It’s the reason that North Dakota Housing Finance Agency was established, to make home-ownership possible.”

The NDHFA is a self-supporting state agency dedicated to making housing affordable for all North Dakotans.

“As our North Dakota communities continue to grow and become even more vibrant, affordable housing options will be as important as ever,” said Kline. “It has been our great pleasure to serve the people of North Dakota and we look forward to helping another 40,000 families realize their dreams of homeownership.”

The program has been available for nearly 30 years.