BEULAH, ND, MAY 25, 2017 – A ribbon cutting ceremony for New Energy Apartments, a project bringing affordable workforce housing to Mercer County, will take place Thursday, June 8 at 11am. The property is located at 1400 New Energy Drive.
Lutheran Social Services Housing broke ground for the project in June 2016. Jolene Kline, NDHFA executive director was present and commented, “Without affordable housing, it is challenging for a community to recruit and retain workers.” The $3.84 million project received nearly $1.15 million from the Housing Incentive Fund (HIF), a state program administered by NDHFA, that ensures the availability of affordable rental housing.
“Lutheran Social Services is proud to be able to provide affordable housing in the community of Beulah,” said John Phillips, real estate development director for Lutheran Social Services Housing, adding “now that the project is complete we have a mix of tenants enjoying the quality of life everyone desires and is affordable for those that have a need.” Support for the project included The Union Bank, Union State Bank, Bank of North Dakota and NDHFA, Beulah’s Job Development Authority, and the City of Beulah who donated the property.
12 of New Energy’s 24 units are designated for essential service workers (ESW) of the community – employees of the city, county and federal government, school district, medical and care centers. Rents in the building range from $355 to $925, depending on household income and unit size, with the majority of rents at $750. Lutheran Social Services Property Management Group manages the project, (701) 630-5510 or (800) 609-8634.
Lutheran Social Services Housing, a program of Lutheran Social Services of North Dakota, supports the continued vitality of the state’s smaller communities by providing nonprofit affordable housing and housing related services, with more than 30 rental housing projects currently owned and/or under management.
Lutheran Social Services Housing, Inc. is a nonprofit subsidiary of Lutheran Social Services of North Dakota providing affordable housing to rural North Dakota communities.