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BISMARCK, ND – North Dakota Housing Finance Agency is currently accepting applications for development assistance in rural communities through the state’s Housing Incentive Fund. “Development in rural communities poses some unique challenges,” said Jolene Kline, NDHFA executive director. “Having an adequate supply of affordable housing strengthens a community and by limiting a funding round to our state’s smaller communities, we are ensuring that rural communities have access to this very valuable state resource.” During the 2015 Legislative S...
BISMARCK, ND – Wells Fargo Bank helped jump start the Housing Incentive Fund today, presenting a $1 million check to members of the state’s Industrial Commission. HIF relies on taxpayer support to provide low-cost financing to developers of affordable multifamily housing. “Thank you to Wells Fargo for this generous contribution to help launch the new round of funding for the Housing Incentive Fund,” said members of the North Dakota Industrial Commission in a joint statement. “We truly appreciate the individuals and businesses who have step...
BISMARCK, ND - North Dakota Housing Finance Agency has secured a $133,068 U.S. Department of Housing and Urban Development grant that will support housing counseling services statewide. The funds will be split between three affiliate organizations: • Community Action Partnership of Dickinson and Williston, $47,624 • Community Action Opportunities of Minot, $46,224 • South Eastern North Dakota Community Action Agency of Fargo, $39,220 “The support these organizations provide helps individuals and families make informed housing decisions,” said J...
The North Dakota Housing Incentive Fund (HIF) is bringing affordable rental housing to the heart of the state’s energy boom. Big Mountain Development and the North Dakota Housing Finance Agency (NDHFA), administrator of the state program, celebrated the development of Arrowhead Estates in Arnegard, ND, today. “Our focus initially was to sell homes to families as we believed that to be the greatest need, but the mayor and city council opened our eyes to the many people who simply cannot buy and must rent,” said developer Bernie Biegler. “The...
McKenzie County Healthcare Systems, Inc. and North Dakota Housing Finance Agency (NDHFA) will co-host a ground breaking at 10:30 a.m. CDT on Wednesday, Oct. 15, for a 24-unit Employee Apartment Complex. The event will take place at the project site, 318 10th Ave NE, Watford City, ND. The project will receive development support from the State of North Dakota that will allow apartment rents to be kept to affordable levels, helping the hospital alleviate staffing and retention issues. Governor Jack Dalrymple, Watford City Mayor Brent Sanford,...
The North Dakota Housing Finance Agency (NDHFA) is inviting the public to comment on proposed changes to the State's Low Income Housing Tax Credit Program 2015 Qualified Allocation Plan during a public hearing to be held at 10:00 a.m. on Nov. 3, 2014, at NDHFA's Bismarck office, 2624 Vermont Ave. Either written or oral comments will be accepted at the hearing. Individuals who are unable to attend the hearing may submit written comments to Sylvia Burgess at [email protected] or NDHFA, PO Box 1535, Bismarck, ND 58502-1535 by 5 p.m. on Oct. 30,...
The North Dakota Housing Finance Agency (NDHFA) is inviting the public to comment on proposed changes to the State's Low Income Housing Tax Credit Program 2015 Qualified Allocation Plan during a public hearing to be held at 10:00 a.m. on Nov. 3, 2014, at NDHFA's Bismarck office, 2624 Vermont Ave. Either written or oral comments will be accepted at the hearing. Individuals who are unable to attend the hearing may submit written comments to Sylvia Burgess at [email protected] or NDHFA, PO Box 1535, Bismarck, ND 58502-1535 by 5 p.m. on Oct. 30,...
Additional affordable housing options for seniors opened in Williston today when G.A. Haan Development hosted an event for Williston Senior Apartments Homes II. The apartments received development assistance from the North Dakota Housing Finance Agency (NDHFA) that will enable the units to be rented at an affordable rate for 45 years. "NDHFA's mission is to ensure there are housing options for everyone in the community," said Jolene Kline, NDHFA executive director. "We are pleased to be able to...
The North Dakota Housing Finance Agency (NDHFA) recognized several lending partners and housing advocates as Champions of Affordable Housing at the 23rd Annual Statewide Housing Conference on Feb. 27. "North Dakota has experienced dramatic changes in recent years, and the Housing Finance Agency's challenge to provide safe, decent and affordable housing for every North Dakotan has grown substantially," said Agriculture Commissioner Doug Goehring, who presented the awards on behalf of the North Da...
The North Dakota Housing Finance Agency (NDHFA) is soliciting applications for $409,190 in funding through the federal Neighborhood Stabilization Program (NSP). The intent of the program is to revitalize neighborhoods by redeveloping abandoned or vacant properties,” said Jolene Kline, NDHFA executive director. We are anxious to put the money to work in eligible North Dakota communities.” Applications will be accepted for activities involving the redevelopment of foreclosed, abandoned, or vacant properties into permanent housing. Preference wil...
Tesoro Corporation contributed $500,000 in December to the North Dakota Housing Incentive Fund (HIF). The contribution will support the development of affordable housing in Western North Dakota. “We are pleased to contribute to this valuable local program, which provides quality, affordable housing to the surrounding community. Tesoro is a proud partner of this community and appreciates the opportunity to support its vitality, well-being and educational resources,” said Todd Dixon, vice president and Tesoro Mandan refinery manager. Cap...
The North Dakota Industrial Commission today recognized QEP Resources, Inc., for contributing $1 million in December to help the Housing Incentive Fund (HIF) create hundreds of new affordable housing units in western North Dakota. The company was one of five entities contributing $1 million or more to the fund, allowing for the full capitalization of the program a year in advance of the deadline. “With North Dakota’s economic growth expected to continue well into the future, affordable housing development remains a top priority for our sta...
The North Dakota Industrial Commission announced today that the North Dakota Housing Finance Agency (NHDFA) has fully capitalized the state’s affordable housing development program only eight months after it was reauthorized. “As North Dakota grows, affordable housing development has become one of our top priorities,” said members of the North Dakota Industrial Commission in a joint statement. “The Housing Incentive Fund has been a huge boost in creating affordable housing units in communities all over the state.” The Commission, consistin...
North Dakota Housing Finance Agency (NDHFA) invites the public to comment on amendments to its Neighborhood Stabilization Program 3 (NSP3) abbreviated plan. The proposed changes will increase the number of eligible neighborhoods in targeted communities and allow for further program activity. NSP was originally established by the Housing and Economic Recovery Act of 2008. Additional assistance was authorized under Section 1497 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and is referred to as NSP3. The NSP3 amended...
The North Dakota Housing Finance Agency (NDHFA) is seeking nominations for its 2013 Champion of Affordable Housing Leadership and Housing Production Awards. “The Champion Awards recognize and celebrate exceptional contributions to the state’s affordable housing industry,” said Jolene Kline, NDHFA acting executive director. The Leadership Award honors an individual or entity who has demonstrated outstanding effort in advocating for or providing affordable housing or related services. The impact of those results, and the obstacles overcome to pro...
A McKenzie County Bank contribution to the North Dakota Housing Incentive Fund (HIF) will support affordable housing developments in Watford City. “McKenzie County Bank has always been a strong supporter of our community, and the decision to contribute to essential services housing using the HIF program was an easy one. These housing projects are critical to our community in order to provide housing for the people who will meet the needs of our growing population,” said Scott Swenson, CEO of McKenzie County Bank. Capitalized by con...
Slawson Exploration, a privately held oil and gas exploration company, made a $300,000 contribution to the North Dakota Housing Incentive Fund (HIF) in October. “Our employees are our greatest resource, and we make every effort to provide them with a satisfying, rewarding, and well-compensated career,” said R. Todd Slawson, president of Slawson Exploration. “We are interested in them not only professionally, but personally as well, so providing decent housing is a priority for us. They work hard and deserve a good home for themselves and their...
The North Dakota Housing Incentive Fund (HIF) was recognized for its merit winning a 2013 Award for Program Excellence from the National Council of State Housing Agencies in the Rental Housing Encouraging New Production category. “The Housing Incentive Fund has been an incredible tool in developing affordable housing units across North Dakota,” said Jolene Kline, NDHFA acting executive director and fund administrator. “I’m pleased that we are able to share one of our success stories with our peers from across the country.” Capitaliz...
Gov. Jack Dalrymple and representatives from Mercy Medical Center and the North Dakota Housing Finance Agency (NDHFA) today celebrated the completion of Mercy Heights Apartments, a new complex in Williston that will provide affordable housing for medical personnel. The $11 million project received a $1 million allocation from the North Dakota Housing Incentive Fund (HIF), reserving 20 units for low- to moderate-income households. “The completion of Mercy Heights Apartments is a great example of the progress we are making through p...
The Williston State College (WSC) Foundation today celebrated the successful completion of the first phase of the WSC Foundation Apartments, a 74-unit complex that houses essential service workers including WSC, state, city and school district employees, and Bethel Lutheran staff. “I applaud the vision of the foundation staff and board in developing this unique project to provide housing for essential service employees and to ensure a steady workforce for the region,” said Gov. Jack Dalrymple, who attended today’s open house. “They stepped...
A Watford City development will benefit from MBI Energy Services’ third contribution to the Housing Incentive Fund (HIF). The energy company contributed $250,000 to Wolf Run Village, an affordable housing project for essential service workers including teachers, law enforcement and medical personnel. “MBI strongly believes in supporting the people and the communities in which we operate,” said Jim Arthaud, the energy company’s CEO. “Our roots are in Western North Dakota, and we want to see this...
