Tag Archives: Housing Trust Fund

Allocation Plans Published for Affordable Housing Development

BISMARCK, ND – The allocation plans that guide North Dakota Housing Finance Agency’s (NDHFA) administration of the federal Low Income Housing Tax Credit (LIHTC) and National Housing Trust Fund (HTF) programs have been published. NDHFA reviews the plans annually to ensure they are addressing the state’s current housing needs.

“The affordable housing development programs overseen by North Dakota Housing Finance Agency help communities address the housing needs of their most vulnerable populations,” said Dave Flohr, NDHFA executive director. The programs support the construction or renovation of housing for low-wage workers, and elderly and disabled households.

LIHTC encourages private sector investment in affordable housing through tax incentives. Property owners receive the housing credits for up to 10 years based on capital investment and level of commitment to low-income tenancy. NDHFA anticipates $3 million in credit authority will be available, pending congressional approval, which would generate more than $27 million in project equity.

The HTF’s purpose is to increase and preserve the supply of housing for extremely low-income households, including homeless individuals and families. Through the program, $3 million is available.

The application process for the programs is competitive with the top-scoring projects receiving conditional commitments from NDHFA. The applicants must provide evidence that there is a need for the type of housing proposed, that the community supports the development and that the construction costs are reasonable.

More information on these programs and other financial and technical assistance provided by NDHFA is available online at http://www.ndhfa.org or by contacting the agency’s planning and housing development division at (800) 292-8621 or hfainfo@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 Gov. Doug Burgum, as the chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees the agency.

Online/Phone Options for LIHTC and HTF Hearings

North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for the 2021 Low Income Housing Tax Credit (LIHTC) Program Qualified Allocation Plan and the 2020 National Housing Trust Fund (HTF) Allocation Plan on March 26, 2020.

The LIHTC hearing will begin at 10 a.m. and the HTF hearing at 11 a.m., both CT. The hearings will be held in the boardroom at NDHFA’s office, 2624 Vermont Ave., Bismarck, ND.

In response to the Coronavirus (COVID-19) public gathering guidance issued by the Centers for Disease Control and Prevention (CDC), we encourage attendees to join the meeting online from your personal computer, tablet or smartphone.

Online Access: https://global.gotomeeting.com/join/434537269

Dial-in Access: 1-877-568-4106, Access Code: 434-537-269 #

Persons who are unable to attend the hearings may still submit written comments to hfainfo@nd.gov or NDHFA, PO Box 1535, Bismarck, ND 58502-1535, by 5:00 p.m. on March 25, 2020.

Persons needing accommodation or assistance to attend the hearing should contact NDHFA’s Planning and Housing Development division director at (800) 292-8621, (800) 366-6888 (TTY) or email hfainfo@nd.gov.

Public Hearings Scheduled for Development Program Plans

BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for the 2021 Low Income Housing Tax Credit (LIHTC) Program Qualified Allocation Plan and the 2020 National Housing Trust Fund (HTF) Allocation Plan on March 26, 2020.

The LIHTC hearing will begin at 10 a.m. and the HTF hearing at 11 a.m., both CT. The hearings will be held in the boardroom at NDHFA’s office, 2624 Vermont Ave., Bismarck, ND.

The LIHTC program provides incentives for the production and rehabilitation of affordable rental housing. The HTF program supports the development and preservation of affordable rental housing for extremely low-income households, including homeless individuals and families. The proposed plans are available online at www.ndhfa.org.

The general public may submit either written or oral comments at the hearings. Persons who are unable to attend the hearings may submit written comments to hfainfo@nd.gov or NDHFA, PO Box 1535, Bismarck, ND 58502-1535, by 5:00 p.m. on March 25, 2020.

Persons needing accommodation or assistance to attend the hearing should contact NDHFA’s Planning and Housing Development division director at (800) 292-8621, (800) 366-6888 (TTY) or email hfainfo@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 Doug Burgum as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees the agency.

Affordable Housing Development Assistance Allocated Statewide

BISMARCK, N.D. – The North Dakota Industrial Commission announced today that nine projects have received funding commitments from North Dakota Housing Finance Agency (NDHFA) to support the construction or rehabilitation of almost 500 affordable housing units statewide.

NDHFA allocated $3.8 million in federal tax credit authority through the Low Income Housing Tax Credit (LIHTC) program. When syndicated, the credits are expected to generate more than $34 million in project equity. NDHFA also awarded $2.7 million through the National Housing Trust Fund (HTF) and $7.25 million from the state’s Housing Incentive Fund (HIF).

“The funding commitments made by North Dakota Housing Finance Agency support the development of projects in communities large and small that will provide safe and affordable housing for our state’s most vulnerable households,” said members of the Commission in a joint statement. The Industrial Commission, consisting of Gov. Doug Burgum as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees NDHFA.

About the Projects
Lutheran Social Services Housing Inc. was awarded $800,000 from HIF to support the redevelopment of Boulevard Avenue Apartments, preserving 108 units of affordable housing in Bismarck, ND.

The Independent Order of Odd Fellows of North Dakota was awarded $776,000 in credit authority through the LIHTC program to support the redevelopment of IOOF Retirement Village I and II. The project preserves 78 units of supportive senior housing in Devils Lake, ND.

Phase 2 of the Lakeland Court Apartments project in Devils Lake, ND, was awarded $1,289,527 from HIF. The SW Design Build Inc. project will create 24 new, senior-friendly housing units.

Elliott Place, a Fargo Housing and Redevelopment Authority project, will create 84 new units of supportive senior housing. NDHFA awarded the project $1,128,016 in credit authority through the LIHTC program, $2.2 million from the HTF, and $3 million from HIF.

Homefield 3, the final phase of a Beyond Shelter Inc. (BSI) supportive senior housing development, was awarded $720,274 in credit authority through LIHTC. The Fargo, ND, project will provide 39 new units.

Commonwealth Development Corporation was awarded $720,000 in credit authority through LIHTC to support the development of Eagle Flats in Jamestown, ND. The project will create 33 new homes for families including seven supportive housing units that will be reserved for households at risk of homelessness.

Souris Heights, a 54-unit supportive senior housing complex that will be developed by BSI in Minot, ND, was awarded $1,757,026 through HIF.

A substantial rehab of Courtyard Apartments in Rugby, ND, received a $400,000 award through HIF. The Affordable Housing Developers Inc. project preserves 20 units of affordable rental housing.

The Housing Authority of Cass County was awarded $791,719 in LIHTC program credit authority and $500,000 through the HTF to develop Sierra Townhomes. The West Fargo, ND, project will create 38 new housing units, including nine units of supportive housing for families at risk of homelessness.

About the Programs
LIHTC provides an indirect federal subsidy used to finance the construction or rehabilitation of rental housing for lower-income households. The purpose of the HTF is to increase and preserve the supply of housing for extremely low-income households including homeless families. HIF strengthens communities by supporting the development or preservation of rental housing for low- to moderate-income households.

The application process for each program is competitive with the top-scoring projects receiving the awards.

“We had a robust spread of requests for funding this year, with all of our programs receiving applications for more than twice the funding available,” said Dave Flohr, NDHFA’s interim executive director.

The development programs administered by NDHFA have allocation plans that are reviewed annually to ensure that the projects that receive financial awards address North Dakota’s greatest housing needs.

Each applicant must provide evidence that there is a need for the type of housing proposed, that the community supports the project, and that construction costs are reasonable. The period of affordability for the projects receiving federal funds is 30 years; HIF’s minimum period of affordability is 15 years.

More information about the development programs administered by NDHFA and the projects awarded assistance is available online at www.ndhfa.org.

From the Interim Executive Director, September 2019

Dave

Dave Flohr, NDHFA Interim Executive Director

Over the past three decades, I have been involved in nearly every segment of NDHFA. As the agency has grown in both staff and programs and branched into new divisions, I have focused my attention on homeownership. Now, over the past two months as acting interim director, I have gotten a crash course on urban and rural multifamily housing, financing and the services offered to vulnerable populations.

Five projects North Dakota Housing Finance Agency supported had groundbreaking and ribbon-cutting ceremonies in the last two months, and at least three more events are scheduled before the end of the year. As we celebrate each project and the affordable housing provided, we continuously hear that there is still isn’t enough to meet each community’s needs.

With the September application deadlines approaching for the 2019 funding rounds for Low Income Housing Tax Credits (LIHTC), National Housing Trust Fund and the state’s Housing Incentive Fund, the competition is extensive and choosing is never easy. For every awardee, there are numerous projects that are just as deserving.

Right now, we have an opportunity to expand the limited resources to develop more affordable housing. There is a bill in Congress – the Affordable Housing Credit Improvement Act of 2019, S. 1703/H.R. 3077 – which, if passed, would greatly benefit small states like North Dakota at a magnitude much more significant than larger states which have other resources at their disposal. If passed, the efficiencies and enhancements contained in the Housing Credit Improvement Act would enable North Dakota to double, and maybe triple, the number of projects produced each year.

And so, I ask everyone to please advocate for affordable housing in your communities and in our state. Voice your support for programs like LIHTC and HUD’s HOME Investment Partnership, and also champion local city and county incentives – without any of which affordable housing development would not be possible. Communicate with our lawmakers, whether they convene in Bismarck, N.D., or in Washington D.C., that having a home that is safe, decent and affordable is a priority in North Dakota. It makes our communities stronger and keeps us growing!

YWCA Hosts Grand Opening of Grace Garden

$7.1 million supportive residence readies for domestic violence survivors

WEST FARGO, ND – YWCA Cass Clay unveiled a new $7.1 million permanent supportive residence called Grace Garden today with the help of their collaborative partners, dignitaries and guests. The national CEO of YWCA USA travelled from Washington, DC for the event.

Grace Garden is located at 1480 E. 16th St. in West Fargo, ND. It has 30 apartments that will be fully furnished for the approximate 75 individuals and families who will move in by the year’s end. In addition to safe, secure housing, YWCA will offer case management and services at the site to support these individuals and families who’ve experienced violence and homelessness. Residents will have access to nursing care, an employment coach and other mentors to grow life skills. They’ll live close to schools, job opportunities and transportation routes. YWCA’s 29 years of experience in providing supportive housing has proven that these supports are key to success.

“The structure is complete. The rebuilding of lives begins. Here, individuals and their families will be empowered to reach a state of stability and live free of fear,” said Erin Prochnow, CEO, YWCA Cass Clay.

Grace Garden sits footsteps away from the office where a pastor’s servant heart set things in motion in 2016. Pastor Joel Baranko of Lutheran Church of the Cross approached Prochnow inquiring about unmet community needs and how the congregation could be helpful. She identified affordable housing as a crucial need and the conversation turned into action.

“I approached the conversation assuming more emergency shelter space would be the answer to how the YWCA might utilize additional property if made available. I quickly learned the value of permanent supportive housing. It was easy for the congregation to get behind the vision because of the YWCA’s history, leadership, and reputation for success in serving women and children,” said Pastor Baranko. “Together, we are changing people’s lives for the better not only today, but for generations to come.”

For many years, applications to YWCA Supportive Housing far outstripped the number of units available. Last year alone, 162 women and children applied for the program and only 22 were able to gain homes.

“In 2015, YWCA set an ambitious goal to double the number of homes through YWCA Housing within five years to address the lack of supportive housing,” said Prochnow, “With the addition of Grace Garden, we have exceeded our goal. Expanding to 70 supportive housing units is growth of about 270 percent in four years.”

The new housing is called “permanent” because it doesn’t impose a deadline for moving out. It allows residents time to gain stability only after resolving complete financial ruin by abusers or navigating single parenthood as the sole family income provider. For some, the timeline is lengthy and challenging, and having the permanent housing means vital stability so children can grow and learn in a safe and healthy environment while adults can pursue their life goals.

For the first time in the agency’s 113-year service to the region, its national association leader, Alejandra Y. Castillo, CEO of YWCA USA, was on hand to help celebrate the local organization’s milestone achievement.

“YWCA is one of the first and largest networks in the nation and world, serving more than

2 million women, girls and their families every year at over 200 local associations. As the largest network of domestic violence service providers in the country, we have a long history of providing services to survivors of violence from all walks of life.” said Castillo, “I am honored to be in North Dakota to celebrate our continued social impact and growth in our collective power with the dedication of Grace Garden.”

“Facilities like Grace Garden offer stability and safety, giving women facing poverty and homelessness an opportunity to build a secure future for themselves and their children,” said Senator John Hoeven. “Moreover, this residence, which provides access to both permanent housing and supportive services, is a testament to what can be accomplished when partnering federal and state agencies, and then leveraging that public investment to secure support from the private sector. We appreciate the hard work of the YWCA staff and everyone involved in making this project a reality, and we will continue working to advance similar efforts to help ensure access to affordable housing and a higher quality of life throughout our state.”

Multiple community partners joined in the planning, funding, and building of the residence. Gate City Bank pledged the largest single investment in YWCA Cass Clay history, $1.5 million to provide startup costs and the first 10 years of supportive staff services at Grace Garden.

“When we announced our commitment to the Grace Garden project in 2017, we were excited to build upon our long-standing partnership with the YWCA. Two years later, it’s humbling to see the project come to life. We are proud to see our gift provide the resources needed to help women and their children on their journey to a better life,” said Steve Swiontek, Executive Chair of Gate City Bank. “At Gate City Bank, we believe that it is our responsibility to make a difference in our community, For a Better Way of Life.® We accomplish this by investing in our customers, team members and communities. The Grace Garden Housing Project supports this mission through a proven program of education and employment coaching, health services and the support of YWCA advocates.”

Grace Garden was funded in a large part through programs administered by North Dakota Housing Finance Agency (NDHFA). The state agency awarded development assistance to the residence through the federal Low Income Housing Tax Credit, $672,500 in credit authority that brought $6 million in equity to the project, National Housing Trust Fund, $325,549, and the state’s Housing Incentive Fund, $500,000.

“Addressing North Dakota’s need for community-based permanent supportive housing is a development priority for North Dakota Housing Finance Agency,” said Jennifer Henderson, NDHFA’s Planning and Housing Development Division Director. “Projects like Grace Garden provide the women who are working to rebuild their lives with a long-term home that is both safe and affordable.”

The North Dakota Department of Commerce is supporting the land acquisition for Grace Garden through the Governor’s Community Development Block Grant Funds.

“Commerce is proud to partner with the YWCA Cass Clay on this permanent supportive housing project, aiming to address long-term homelessness, coupled with supportive services and demonstrated local support. Projects like Grace Garden are vital to our community and the individuals and families to which they serve” said Shantel Dewald, Division of Community Services Program Manager, North Dakota Department of Commerce.

Thanks to the financial support the project received, YWCA did not need to conduct a capital campaign to build Grace Garden. YWCA fundraised and organized a “Plant a Seed” campaign for household goods from toasters to towels to start families toward healthy futures.

The residence will receive rental assistance from the Housing Authority of Cass County through a $2.2 million, 15-year contract that provides 30 Housing Choice Vouchers to ensure every apartment will be affordable to the families who will call them home. Individuals and families will be asked to pay up to 30 percent of their income towards rent.

Grace Garden’s residents will come primarily from the YWCA emergency shelter and other referring agencies in the community. There are already 23 applications in process.

Construction on the two-story building began last summer and was complete in August 2019. The property will include one-to-four-bedroom apartments, a fitness room, community spaces for classes and gatherings, and a playground. Main floor offices will be home base for YWCA advocates, nursing and other professional resources coming onsite.

“Grace Garden is symbolic of an innovative and progressive movement to address homelessness. It is an investment in our community that will keep domestic violence survivors from resorting to returning to their abusers and solving a multitude of other challenges that accrue during crisis,” said Prochnow.

Government and organizations like YWCA invest in rent subsidies and low-cost housing so people have a place to gain sure footing, rather than making it the reward at the end of a set of steps like finding a job and saving for a deposit. Having access to supportive housing means fewer acute resources and costly emergency services are needed.

About YWCA Cass Clay

YWCA emergency shelter is where victims of domestic violence come day and night, 365 days a year, to escape crisis lives and mend emotionally, physically and spiritually. They receive crucial basics like food and clothing, and resources for education and employment as they navigate toward independence. A caring YWCA team connects women and children to community resources that will further empower them. Besides operating the largest emergency shelter for women and children in North Dakota and northwestern Minnesota, YWCA Cass Clay operates safe and affordable, short- and long-term supportive housing for low-income women. YWCA offers a food pantry, racial justice advocacy, and a nationally accredited public childcare center, A Child’s World. For more information, visit www.ywcacassclay.org.

Public Hearings Scheduled for Development Program Plans

BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for the 2020 Low Income Housing Tax Credit (LIHTC) Program Qualified Allocation Plan and the 2019 National Housing Trust Fund (HTF) Allocation Plan on March 28, 2019.

The LIHTC hearing will begin at 10 a.m. and the HTF hearing at 11 a.m., both CT. The hearings will be held in the boardroom at NDHFA’s office, 2624 Vermont Ave., Bismarck, ND.

The LIHTC program provides incentives for the production and rehabilitation of affordable rental housing. The HTF program supports the development and preservation of affordable rental housing for extremely low-income households, including homeless individuals and families. The proposed plans are available online at www.ndhfa.org.

The general public may submit either written or oral comments at the hearings. Persons who are unable to attend the hearings may submit written comments to hfainfo@nd.gov or NDHFA, PO Box 1535, Bismarck, ND 58502-1535, by 5:00 p.m. on March 27, 2019.

Persons needing accommodation or assistance to attend the hearing should contact NDHFA’s Planning and Housing Development division director at (800) 292-8621, (800) 366-6888 (TTY) or email hfainfo@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 Doug Burgum as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees the agency.