Elderly and Childbearing Households Will Drive Future Housing Needs

JUST RELEASEDBISMARCK, ND – Elderly households and those in their prime childbearing years are the populations projected to drive housing needs in North Dakota in coming years, according to a Statewide Housing Needs Assessment released today by researchers at North Dakota State University.

The assessment was sponsored by North Dakota Housing Finance Agency and other housing stakeholders in the state.

“In-migration prompted by energy development and economic growth reversed decades of population decline, making our state younger and positioning North Dakota for more growth in coming years,” said NDSU Center for Social Research Director Dr. Nancy Hodur. “As the Baby Boom generation continues to age, we will see an increase in our senior population as well.”

From 2010 to 2015, North Dakota’s population growth outpaced all 50 states increasing 13 percent, from 672,591 to 756,927, and reversed decades of decline in rural communities.
North Dakota’s future growth in the state is projected to be more balanced with the state’s population increasing another 21 percent to 891,268 by 2029. The number of individuals age 65 and over is projected to grow 52 percent. Individuals in their prime childbearing years, age 25 to 44, are projected to increase 30 percent.

While housing needs are projected to increase fairly evenly across all income categories, the greatest needs will come from lower income households for which the proportion of the state’s current housing stock that is affordable is very limited. Extremely low- and very-low income households are projected to increase by 24 and 25 percent, respectively, compared to 19 and 20 percent increases for moderate and higher income households.

“The North Dakota Housing Finance Agency’s priority is to assist communities in addressing housing challenges and we remain focused on meeting the affordable housing needs of all North Dakotans,” said Jolene Kline, NDHFA executive director. “The assessment’s findings show a vibrant state and NDHFA looks forward to the role housing can play in keeping North Dakota growing into the future.”

The assessment, conducted by the Center for Social Research and the Department of Agribusiness and Applied Economics at North Dakota State University, is available online at www.ndhfa.org. It consists of several components – a statewide population and housing forecast, regional profiles and detailed tables broken down by various levels of geography including the state as a whole, the eight planning regions, 53 counties, 12 major cities and four Native American Indian Reservations. An additional study component that examines several special topics such as recent trends in housing costs and special population will be released in September.

NDHFA is a self-supporting state agency dedicated to making housing affordable for all North Dakotans. The North Dakota Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees the agency.

NDSU’s Center for Social Research is an applied social science research unit dedicated to providing a venue through which a wide variety of research activities are facilitated. Hodur is the Center’s director and has over 25 years of professional experience in applied research, public policy and outreach education.

Mortgage Relief Scam

North Dakota Housing Finance Agency has alerted its borrowers about a mortgage relief scam.

ScamAlertAn NDHFA customer recently received a letter that used the logos of the state agency and Making Home Affordable, a federal government program. While the letter includes some legitimate contact information for both agencies, the toll-free phone numbers provided were not NDHFA’s and the staff person listed on the letter does not work for NDHFA.

The letter said that the recipient has been approved to enter a trial period plan under the Home Affordable Modification Program, and it instructs the recipient to make their first monthly “trial period payment” to qualify for a permanent modification.

“NDHFA will never contact you directly to refinance your loan, and no legitimate mortgage lender will ask you to make an advance payment to qualify for a loan modification,” said Jolene Kline, NDHFA executive director. “It appears that the primary goal of the letter is to obtain the borrower’s social security number.”

Borrowers that receive a suspicious call or correspondence regarding an NDHFA mortgage, should report it to the agency’s Loan Servicing Department, (701) 328-8080, (800) 292-8621 or hfaservicing@nd.gov.

NDHFA is a self-supporting state agency dedicated to making housing affordable for all North Dakotans. The Industrial Commission of North Dakota, consisting of Governor Jack Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees the agency.

Affordable Senior Housing Filling Quickly

WEST FARGO, ND – A new affordable senior housing development in West Fargo is filling up quickly.

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Southhill Properties, CHI Friendship Inc. and MetroPlains Management celebrate the completion of Dakota Commons, an affordable housing development for households age 55 and older.

“Typically, it would take nine months to completely lease up a senior property,” said Jamie Hager, MetroPlains Management LLC regional manager. “We opened the doors in July, and we only have five apartments left.” 

Dakota Commons, located just north of the Osgood Golf Course at 3865 4th Street East, consists of 30 two-bedroom apartments, all reserved for households age 55 and older. Five of the units are fully accessible. Southhill Properties LLC, the project developer, and CHI Friendship Inc., a co-general partner, hosted an open house today with MetroPlains, the property manager.

“In areas of high demand, it can be very challenging for fixed-income households to find housing they can afford,” said Jolene Kline, NDHFA executive director. “We are very pleased with the development work Southhill and Friendship have done to address the housing needs of West Fargo’s aging population.”

NDHFA allocated $421,398 in federal Low Income Housing Tax Credits to the project. The credits were syndicated by U.S. Bancorp providing the project with $3.8 million in equity. Through the LIHTC program, property owners receive an annual tax credit from the federal government for up to 10 years in exchange for keeping the housing affordable for low-income households. Alerus Financial provided the project’s permanent financing. The total cost of construction was $4.56 million.

The apartments rent for $462 to $750 per month, depending on household income and size. An individual who earns $15,450 or less would qualify to rent a unit for $462 per month plus utilities.

The project also received support from the City of West Fargo through a Payment in Lieu of Tax.

“The City of West Fargo was very welcoming of the project,” said James Twomey of Southhill. “And, with such strong demand, we are looking to bring more affordable senior apartments to the community.”

MetroPlains manages 336 senior apartments in Cass County and, according to Hager, Dakota Commons is currently the only property with vacancies.

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Dakota Commons tenants enjoy upscale amenities including a raised garden bed.

Supportive services for seniors are provided on-site at Dakota Commons. The smoke-free property also offers upscale amenities including: a movie theatre with surround sound, a raised-bed garden space, and a community room with scheduled activities. Residents also enjoy upgraded appliances, in-units washers/dryers, attached garage space, LED lighting, and granite bathroom vanities.

Individuals interested in learning more about the apartments can contact MetroPlains at (701) 356-0891. Information is also available online at www.metroplains.com.

NDHFA is a self-supporting state agency that finances the creation and rehabilitation of affordable housing across North Dakota. The North Dakota Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees the agency.

Community-Led Effort Transforms Abandoned Hospital Site

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Senator Hoeven, Jennifer Henderson of NDHFA and city officials celebrate the opening of Meadowlark Homes.

NEW ROCKFORD, ND – New Rockford celebrated the successful completion of a redevelopment project today. A grassroots effort transformed the site of the city’s former hospital into a townhome complex that’s providing affordable housing for the workforce, as well as elderly and disabled community members.

“This is a fantastic accomplishment of which everyone in New Rockford should be very proud,” said North Dakota Housing Finance Agency Executive Director Jolene Kline during an open house for Meadowlark Homes. The $1.35 million project was awarded $430,000 from NDHFA’s Housing Incentive Fund last year.

After the New Rockford City Hospital closed in 1990, asbestos was discovered and the property was condemned. The building sat vacant, becoming severely dilapidated, until the New Rockford Area Betterment Corporation was able to secure a grant from the U.S. Environmental Protection Agency to clean up and prepare the site for redevelopment.

“Community meetings revealed that we needed rental housing that was suitable for long-term living,” said NRABC Director Jessica Dillon. “We needed something that would help us fill vacant positions at the school and allow older households to downsize and stay in New Rockford.”

The eight HIF-assisted units rent for $605 to $925 per month depending on households income. Five of these units are reserved for Essential Services Workers, government and medical facility staff. The two remaining units do not have income restrictions.

The City of New Rockford also approved a $70,000 property tax abatement and donated the land on which the development is located, a $30,000 value, which helped the project secure an interest-rate buy down through Bank of North Dakota’s FlexPACE program.

Located at 214 2nd Ave S, all of Meadowlark’s units are two bedroom with attached garages and patios. The largest townhomes, the property’s end units, also have dens. Epic Management is the property manager, (701) 852-3045.

NDHFA has until Dec. 31, 2016, to raise the $3 million it needs to fully capitalize HIF and honor its most recent funding commitments. Individuals and businesses that make contributions to the program receive a dollar-for-dollar state income tax credit. Learn more about HIF online at www.ndhousingincentivefund.org or by contacting the agency at (800) 292-8621 or hfainfo@nd.gov.

NDHFA is a self-supporting state agency that finances the creation and rehabilitation of affordable housing across North Dakota. The North Dakota Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees the agency.

Housing Trust Fund Benefits Extremely Low Income Households

BISMARCK, ND – North Dakota Housing Finance Agency is now accepting applications for National Housing Trust Fund program dollars.

“The Housing Trust Fund is a new federal program intended to provide revenue to build, preserve and rehab housing for extremely low-income households including homeless individuals and families,” said Jolene Kline, NDHFA executive director.

NDHFA is responsible for administration of the HTF in North Dakota including the development of a plan that defines the process by which program allocations are made. The agency’s plan allows the program dollars to be used for construction, rehabilitation, acquisition or adaptive reuse of multifamily housing for households that earn less than 30 percent of area median income. Operating cost assistance may also be provided for a project’s HTF-assisted units.

Eligible recipients include units of local, state and tribal government; local and tribal housing authorities; community action agencies; regional planning councils; nonprofit organizations; and for-profit developers. During the first application round of each year, ten percent of the available funds will be set aside for projects located within North Dakota Indian Reservations or on Tribal land held in trust.

The plan and application are available online at www.ndhfa.org or by contacting NDHFA at (800) 292-8621. The deadline for submission of the first quarterly applications is Sept. 30, 2016.

Congress established the HTF as part of the Housing and Economic Recovery Act of 2008 and required Fannie Mae and Freddie Mac to support the program. The requirement was suspended later that year when the companies were taken into conservatorship. The suspension was lifted in December 2014 and HUD will allocate the first HTF dollars this year. Upon HUD’s acceptance and approval of the state’s allocation plan, NDHFA expects to receive $3 million, the formula minimum.

A self-supporting state agency, NDHFA finances the creation and rehabilitation of affordable housing across North Dakota. The North Dakota Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees the agency.

Uniform Physical Condition Standards Training Scheduled

 

SAVE DATEBISMARCK, ND – North Dakota Housing Finance Agency will host Uniform Physical Conditions Standards (UPCS) training in Bismarck, ND, on Sept. 13-14, 2016. UPCS protocols are the defect definitions used during U.S. Department of Housing and Urban Development Real Estate Assessment Center (REAC) Physical Assessment Subsystem (PASS) inspections.

“The Inspection Group’s training presents UPCS in simple terms that enables participants to not only conduct their own inspections, but to also interpret the resulting data so they can prioritize, plan and budget proactively,” said Planning and Housing Development Division Director Jennifer Henderson.

Training attendees will learn about property profile and building information entry, defect determination and severity classifications, health and safety categories, and life- threatening hazards. Information will also be provided on using the data gathered to generate reports like work orders, identifying maintenance trends, REAC score improvement plans, and capital planning.

A training manual with the latest protocol changes, pertinent web links and copies of all of the materials and slides shown during class will be provided to the attendees as will a UPCS Flip-Field Guide and a certificate of completion. This seminar does not provide a REAC certification.

“We are excited to bring this training opportunity to North Dakota,” said Henderson. “We believe the information provided will prove to be invaluable to owners, managers and the maintenance staff of multifamily properties with agency-administered contracts

Registration information is available online. The registration fee on or before August 26 is $250, after the fee is $300. Registration closes on Sept. 2. For more information, contact NDHFA at (800) 292-8621 or hfainfo@nd.gov.

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Founded in 1998, The Inspection Group Inc. provides Housing Quality Standards and Uniform Physical Conditions Standards inspection services to public housing agencies and affordable housing management companies nationwide.

A self-supporting state agency, NDHFA finances the creation and rehabilitation of affordable housing in North Dakota. The Industrial Commission of North Dakota, consisting of Gov. Jack Dalrymple, as chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees the agency.

Affordable Housing a Key Consideration

When making decisions about the future, having access to affordable housing is a key consideration for everyone from community and business leaders to workers and consumers.

HIF Invest in Your Community“Without affordable housing, it is challenging for businesses to recruit and retain employees,” says Jolene Kline, North Dakota Housing Finance Agency executive director. “And, seniors and disabled individuals need safe, suitable options to be able to remain in a community.”

Through the support of state taxpayers, NDHFA’s Housing Incentive Fund has proven to be an excellent resource in addressing the state’s most critical housing needs. The program provides low-cost financing to developers of affordable housing.

“Since HIF’s inception, we have allocated over $89.6 million to 78 projects,” said Kline. “These dollars have leveraged more than $425 million in construction financing to support the development of 2,450 new housing units statewide.”

NDHFA is currently focused on fully capitalizing the program so it can honor commitments made to projects in Bismarck, Bowman, Devils Lake, Dickinson, Fargo, Gwinner, Minot, Valley City and Williston. The agency has until Dec. 31, 2016, to raise the $3 million needed.

HIF contributors receive a dollar-for-dollar state income tax credit and can target contributions to a specific project or community. Learn more online at www.ndhousingincentivefund.org or by contacting NDHFA at (800) 292-8621 or hfainfo@nd.gov.