Affordable Senior Housing Project Breaking Ground in Bismarck

MPEGlogo2BISMARCK, ND – Area seniors will soon benefit from the development of forty new affordable apartments.

North Dakota Housing Finance Agency (NDHFA) has awarded Low Income Housing Tax Credits (LIHTC) to Sierra Court LLP, an independent living project for households age 55 and older.

The development will be located at the corner of Century Avenue and Ithica Drive, in close proximity to retail centers, schools, parks, municipal services and public transportation. The L-shaped property will be three stories. It will feature a common reception area with a fireplace, a fitness center, library, media room and a multipurpose room. A manager will live on site.

Rendering of Sierra Court in Bismarck, ND.

Rendering of Sierra Court in Bismarck, ND.

Each of the 18 one-bedroom and 22 two-bedroom units will offer a spacious floor plan, full kitchen, carpet and tiled floors, blinds, central air, a washer and dryer, and secure access through indoor corridors. The units will rent for $450 to $900 per month (depending on household income and unit size).

Pre-development planning is now underway. The project is expected to begin construction by the summer of 2015.

Mountain Plains Equity Group and Hometown Living are the co-developers and general partners of the project. Both companies are based in Billings, MT and have been involved in the financing and development of affordable housing projects in North Dakota for several years.

6 thoughts on “Affordable Senior Housing Project Breaking Ground in Bismarck

    1. ndhfa Post author

      Hi Diane – NDHFA provided a portion of the financing for this development. We aren’t involved in the property management. I will have the developer or the property manager contact you with more information. Sarah Mudder, NDHFA Communications Coordinator

      Reply
  1. Lerrene Kroh

    Who do you contact for more information on the Sierra Court on Century and IThica in Bismarck, ND

    Reply
    1. ndhfa Post author

      Hi Lerrene – MetroPlains manages the Ithica property in Bismarck, 701-751-1133. More information on the property as well as other properties they manage in Bismarck is available online at http://www.metroplains.com.

      The developer says the property manager for Sierra Court will be Syringa Properties, 701-223-2980. They don’t have anything on their website regarding the property yet.

      If you need any additional information, you can reach me at hfainfo@nd.gov.

      Sarah Mudder
      NDHFA Communications Coordinator

      Reply

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