Choice Financial Donates to ND Housing Finance Agency

Choice Financial representatives with Governor Jack Dalrymple in Memorial Hall at the State Capitol.

Tim Karsky of Choice Financial (right) with Governor Jack Dalrymple and NDHFA Executive Director Jolene Kline in the Memorial Hall at the State Capitol.

Choice Financial recently contributed $300,000 to the North Dakota Housing Incentive Fund (HIF), with funds supporting projects that will provide affordable housing in Bismarck, Grand Forks and Dickinson.

“Choice Financial is proud to support the Housing Incentive Fund to fulfill a need for affordable and sustainable housing throughout North Dakota,” said Brian L. Johnson, Choice Financial CEO. “This contribution provides our North Dakota communities a chance to grow by providing affordable housing that is suitable to their individual needs.”

Capitalized by contributions from state taxpayers, HIF offers low-cost financing to developers of affordable rental housing when they set aside units for essential service workers and low-to moderate-income households. The North Dakota Housing Finance Agency (NDHFA) administers the program.

The bank’s contributions were divided between University Flats in Grand Forks, a 70 unit multi-family dwelling; Sierra Court in Bismarck, a 39 unit complex designed for adults age 55 and over; and Prairie Winds, a complex in Dickinson with 36 multi-family units.

More information on HIF is available online at www.ndhousingincentivefund.org or by contacting NDHFA at (800) 292-8621 or hfainfo@nd.gov.

Choice Financial is a forward-thinking financial services organization that remains locally owned and built around long-term customer relationships, well-rounded products and services, and authentic community banking.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s