Watford City Celebrates Completion of Affordable Housing for Seniors and Workforce

WATFORD CITY, ND – G.A. Haan Development showcased 100 new apartments for McKenzie County seniors and the workforce today. The properties received support from local, state and federal government programs to guarantee affordability.

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Ribbon Cutting for McKenzie Village and Park Apartments in Watford City.

“The alliances forged through the development of McKenzie Village and McKenzie Park are great examples of the public-private partnerships we need for enhancing our healthy, prosperous communities,” said Lt. Governor Drew Wrigley.

 

The North Dakota Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees North Dakota Housing Finance Agency. Wrigley attended the event on the Commission’s behalf.

McKenzie Village, a 40-unit apartment complex for households age 55 and older, received support from the federal Low Income Housing Tax Credit program that brought $6 million in equity to the $7.53 million project.

A $3.49 million Housing Incentive Fund program allocation supported the development of McKenzie Park. The commitment the $11.65 million project received from the state reserved 35 of the 60 units for Essential Service Workers, lower-wage employees of medical facilities and local and state government agencies.

NDHFA administers both HIF and LIHTC, government programs that provide incentives for the production of affordable rental housing.

“Affordable housing is good for our communities financially,” said Jolene Kline, NDHFA executive director. “The dollars invested through programs like the Housing Incentive Fund and Low Income Housing Tax Credits further economic activity, increase tax revenues, and create and sustain jobs.”

The projects also received local support. McKenzie Village received $500,000 from Watford City’s Roughrider Fund and McKenzie County contributed $3.7 million to McKenzie Park.

“The resources provided by NDHFA coupled with the City’s and the County’s support made it possible to develop quality rental housing for Watford residents,” said Ben Ide, Haan’s director of development.

Both apartment complexes are located in Fox Hills Village, a subdivision that is home to Watford City’s new high school and activity center. McKenzie Village at 118 Foxhills Parkway North is a mix of one- and two-bedroom units that rent for $319 to $857 per month. The two- and three-bedroom units at McKenzie Park, 202 Foxhills Parkway North, rent for $772 to $1091 per month. The rental costs at both properties are determined by household income and size. NLR Property Management LLC is the management company for both properties, 701-989-7931.

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