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By Tyler Thompson · Licensed Real Estate Agent · Updated May 7, 2026

Homebuyer Programs in Bismarck, ND (2026)

Population: 75,556 | Median home price: $340,000 | Est. closing costs: $7,000 - $10,000

Skyline of Bismarck, ND

Bismarck is North Dakota's capital and second-largest city, home to about 75,500 residents with a median home price near $340,000. Like other ND cities, Bismarck doesn't run its own down payment assistance program, but buyers here can stack the NDHFA FirstHome below-market mortgage with up to $3,000 in DCA assistance or use the Start Program for a 3% closing-cost credit with no repayment. CommunityWorks ND, headquartered in Mandan, offers its own revolving loan program with down payment and closing cost assistance and serves as the area's HUD-approved housing counselor. Missouri Valley Habitat for Humanity builds homes for buyers earning 30-60% of area median income with a $650 down payment and sweat equity. Bismarck's Renaissance Zone is the region's most generous incentive: qualifying owner-occupied properties get a 100% building-value property tax exemption for 5 years plus up to $10,000 per year in state income tax credit for 5 years. Stacking these programs can save tens of thousands over the life of a Bismarck home purchase.

City Programs in Bismarck

Bismarck Renaissance Zone Tax Exemption
Type:
Property Tax Relief
Amount:
100% property tax exemption on the building for up to 5 years; PLUS up to $10,000/year state income tax credit for up to 5 years for owner-occupied homes
First-time only:
No
Gate City Bank First-Time Homebuyer Closing Cost Credit
Type:
Grant
Amount:
$250 closing cost credit
First-time only:
Yes

State Programs in North Dakota

NDHFA Down Payment & Closing Cost Assistance (DCA)
Type:
Zero-Interest Loan
Amount:
Up to 3% of the loan amount or $3,000, whichever is greater
First-time only:
Yes
NDHFA FirstHome Program
Type:
Repayable Loan
Amount:
Below-market interest rate first mortgage
First-time only:
Yes
NDHFA HomeAccess Program
Type:
Repayable Loan
Amount:
Below-market interest rate first mortgage; can be paired with DCA
First-time only:
No
NDHFA Start Program
Type:
Grant
Amount:
3% of the first mortgage loan amount as a credit at closing
First-time only:
No
NDHFA Targeted Area Loan
Type:
Repayable Loan
Amount:
Below-market interest rate first mortgage
First-time only:
No
North Dakota Primary Residence Credit
Type:
Tax Credit
Amount:
Up to $1,600 per household in property tax relief for tax years 2025 and 2026 (increased from $500 in 2024)
First-time only:
No
North Dakota Roots Program
Type:
Repayable Loan
Amount:
Below-market interest rate loan, OR market-rate loan with down payment and closing cost assistance
First-time only:
No

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

CommunityWorks ND Revolving Loan Program
Type:
Repayable Loan
Amount:
Variable; affordable loans for down payment, closing costs, rehabilitation, and emergency repairs
First-time only:
No
Missouri Valley Habitat for Humanity
Type:
Zero-Interest Loan
Amount:
Affordable Habitat-built home with zero-interest mortgage; cost equals materials only; $650 down payment
First-time only:
No

How to Apply

Step 1:

Check your eligibility. The NDHFA FirstHome program limits Burleigh/Morton County households of fewer than 3 people to $96,600 in income. The Start Program serves moderate-income buyers, and North Dakota Roots serves higher earners up to 200% of area median income.

Step 2:

Complete homebuyer education. Required for all NDHFA loan programs. CommunityWorks ND in Mandan is a HUD-approved counseling agency and offers pre-purchase classes. NDHFA also accepts eHome America (North Dakota) online courses. Reach CommunityWorks at 701-667-7600.

Step 3:

Choose your loan path. First-time buyers should pair FirstHome with DCA. The Start Program adds a 3% closing-cost credit with no repayment. Veterans, single parents, and households with disabled or elderly members should ask about HomeAccess. Higher-income or returning North Dakotans should explore North Dakota Roots.

Step 4:

Get pre-approved through an NDHFA participating lender. Gate City Bank operates branches in Bismarck and offers an additional $250 closing cost credit for first-time buyers with a Gate City checking account. Capital Credit Union and other local lenders are also NDHFA participants.

Step 5:

Find a home within program limits. The single-family purchase price cap on FirstHome is $294,600. If you're considering new construction or rehabilitation in Bismarck's Renaissance Zone, apply for the Renaissance Zone exemption BEFORE construction begins.

Step 6:

Submit your application. Your NDHFA lender handles the loan paperwork; you must contribute at least $500 from your own funds and provide a homebuyer education certificate dated before closing.

Step 7:

Apply for Renaissance Zone benefits if eligible. Submit your application to the City of Bismarck and the North Dakota Department of Commerce before any qualifying improvements begin. Approved properties enroll automatically in the property tax exemption for the next 5 years and may also qualify for up to $10,000/year in state income tax credit.

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