The Flex PACE for Affordable Housing provides financing with an interest buydown for new affordable multi-family housing units and non-residential child care projects, new or expanding, licensed in North Dakota. (bnd.nd.gov)
Interest rate buydown funds, to the extent to which they are available, will be used to reduce the lead lender's rate up to 4.00 % subject to a minimum rate of 1.00 % to the borrower. (bnd.nd.gov)
Flex PACE provides financing with an interest buydown for businesses deemed eligible by their local economic development entity. (bnd.nd.gov)