Tag Archives: Mandan

Single-Family Housing Rehab Program Grants Approved

BISMARCK, ND – The North Dakota Industrial Commission approved an allocation of almost $200,000 today through Helping Housing Across North Dakota (HAND). The program addresses the housing rehab needs of lower-income individuals and families by providing grants to targeted community programs. North Dakota Housing Finance Agency (NDHFA) administers the program.

“Helping HAND ensures North Dakotans of limited means continue to have a safe and affordable place to call home,” said Commission members 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.

The 2020 grant distribution follows:

  • Community Action Partnership, Dickinson/Williston, $15,479.
  • Community Action Partnership, Minot, $20,489.
  • Dakota Prairie Community Action Agency, Devils Lake, $15,505.
  • Red River Valley Community Action, Grand Forks, $21,441.
  • Southeastern ND Community Action Agency, Fargo, $42,709.
  • Community Action Region VI, Jamestown, $11,697.
  • Community Action Program Region VII, Bismarck, $27,080.
  • Spirit Lake Tribal Housing, Fort Totten, $14,666.
  • Trenton Indian Service Area, Trenton, $14,666.
  • Turtle Mountain Band of Chippewa, Belcourt, $14,666.
  • Rebuilding Together, Fargo, $800.
  • Rebuilding Together, Mandan, $800.

Helping HAND assistance is provided to households with incomes that do not exceed 80 percent of the U.S. Department of Housing and Urban Development’s median for the county in which their home is located. Matching funds of at least 25 percent of the total project costs are required to access the grant dollars.

“Through Helping HAND, North Dakota Housing Finance Agency has allocated over $6 million in agency earnings since the program began in 1993 to assist more than 7,500 lower-income individuals and families statewide,” said Dave Flohr, NDHFA interim executive director.

NDHFA is a self-supporting state agency dedicated to making housing affordable for all North Dakotans. More information on the agency and the affordable housing programs it administers is available online at www.ndhfa.org.

Affordable, Family-Friendly Mandan Townhomes Complete

RibbonMANDAN, ND – Affordable Housing Developers Inc. celebrated the completion of Trails West Townhomes today. The family-friendly development brings a dozen units of affordable rental housing to north Mandan.

“We are very excited to showcase Trails West,” said Andrea Diede, executive director of AHDI, developer and owner of the townhomes. “Interest in the property has been strong and with warmer weather upon us, we anticipate many applications will be coming in over the next couple of weeks.”

To rent one of the townhomes, households must be income qualified. Nine of the units are reserved for tenants earning 80 percent or less than Area Median Income. These two-bedroom units rent for $777 and the three-bedroom units rent for $888.

The three remaining townhomes are reserved for extremely low-income tenants, at or below 30 percent of AMI. A four-person household earning $26,500 or less would be able to rent one of these units for $470.

PartnerSignThe $2.65 million project received support from state and federal government programs to guarantee the affordability. The North Dakota Department of Commerce provided $985,000 through the HOME program and North Dakota Housing Finance Agency allocated $762,000 from the Housing Incentive Fund. AHDI owned the land on which the townhomes were constructed. The balance of the project was financed US Bank.

“The three-bedroom townhomes, in particular, are a welcome addition to the community. Our greatest rental need in Morton County is affordable housing for larger families,” said Rick Horn, executive director of the Morton County Housing Authority.

Located at 4530 30th Ave NW, ten of the Trails West Townhomes are three-bedroom units with one and one-half baths and tuck-under garages. The single-story, end units with attached garages are two-bedroom, one-bath that meet HUD Section 504 accessibility requirements. All of the townhomes are furnished with soft-closing cabinets, kitchen pantries, appliances including dishwashers and in-unit washers/dryers, window coverings, air conditioning and patios.

FrontThe property is within walking distance of Mandan’s newest elementary school, Red Trail. A retail/grocery shopping center, medical services, churches, parks, municipal services and public transportation are all available in the area.

HJL Management Company is the property manager, (701) 663-7494.

A Community Housing Development Organization based in Dickinson, ND, AHDI’s focus is on upgrading or creating rental units in Western North Dakota for elderly and low- to moderate-income individuals and families.

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Developer Receives Needed Housing Funds for Renovation of Former Mandan School

 

Microsoft PowerPoint - Mandan Presentation 8-29-16

Mandan’s former junior high

Mandan’s former junior high school property is going to have a new life with a planned $8.3 million in investment to provide 39 units of affordable housing. The Commonwealth Companies of Fond Du Lac, Wisconsin, plans to move forward with the project thanks in part to funding announced this week by the North Dakota Housing Finance Agency (NDHFA).

New Tricks for Old Bricks

“We are thrilled to be a part of this project and grateful to the community and NDHFA for the support,” says Erin Anderson, Commonwealth Companies vice president of development in the midwest region. “We believe affordable housing communities open a door to opportunity for families and individuals, and this project will provide an opportunity to revitalize the neighborhood around the former junior high as well. We are looking forward to working with MetroPlains Management who has provided outstanding affordable housing property management in other properties in Mandan.”

Commonwealth will now be executing an agreement to purchase the property from Mother Teresa Outreach, an affiliate of Spirit of Life Catholic Church, Mandan. The development company plans to begin building renovations in March 2017 and looks to have the project completed and occupied by January 2018.

siteplan

Preliminary site plans

The project will consist of eight three-bedroom units, 28 two-bedroom units, and three one-bedroom units. Of these, six units will be designated as permanent supportive housing for individuals and families that have experienced homelessness.

Building and site plans include a wellness center, chapel, community rooms and outdoor playground with improved landscaping and green space. The amenities are for use by families living in the building. The newer gymnasium will be demolished to allow for more off-street parking and green space. Support services will be provided by Mother Teresa Outreach.

Federal Funding Gets Project Over Hump

The NDHFA administers the Low Income Housing Tax Credit (LIHTC) and National Housing Trust Fund (HTF) programs in North Dakota. Commonwealth was awarded $698,822 in credit authority through the LIHTC program and $1,021,024 through the HTF for the adaptive reuse of the former school into La Sagrada Familia Apartments.

Under the LIHTC program, property owners receive the federal tax credits for 10 years. The federal tax credits are sold to investors to generate equity for affordable housing projects. Projects supported by the program must be affordable for households at or below 60 percent of area median income for at least 15 years.

The purpose of the HTF is to increase and preserve the supply of rental housing for extremely low income households, those earning less than 30 percent of the area median income. Financial awards are structured as forgivable zero-interest loans with a minimum term of 30 years. Twelve of the units in the project fall under this category including the six permanent supportive housing units mentioned earlier.

Local Support Also Needed

To be considered for federal funds, projects needed evidence of local support equal to at least 1 percent of project costs. The Mandan City Commission in September approved a loan of $83,186 toward the project. This serves as a partial community match toward an interest buy-down program available through the Bank of North Dakota. CommunityWorks North Dakota is providing the remainder of the local match, $89,904, also in the form of a loan.

The Mandan City Commission additionally approved payments in lieu of taxes for the project to help it cash flow. The developer will pay local taxing entities a fixed $20,000 annually for the first five years following renovation with a 3 percent escalator in years six through 15. The property currently generates about $3,000 in property taxes.

When voting to approve the assistance, Mayor Tim Helbling cited the need to address the blighted property and “make the neighborhood whole again.”

Property History

Located at 406 4th Avenue NW, the adjoined buildings served throughout their lifetime in various combinations as a senior high, elementary and junior high. Most recently, from September 2008 through December 2009, the newest portion provided educational space for sixth graders as the Great Plains Academy. Mandan Public School District sold the property in August 2012 to GPA, LLC, led by Yegen Development, Grand Forks. Yegen attempted a redevelopment project, but later deemed the project infeasible and donated the property to the Spirit of Life Catholic Church.

The original building was constructed in 1917 with sections added in 1924, 1954, 1966, 1977 and 1990. It is mostly two stories, three stories in one section, and approximately 110,000 square feet. It occupies an entire city block, sitting on approximately 2.07 acres of land. The property is surrounded by single-family homes, both owner- and renter-occupied.

Federal Affordable Housing Development Resources Allocated

NDHFA-LogoBISMARCK, N.D. – The North Dakota Housing Finance Agency announced today that five projects will receive federal funds to provide affordable housing for individuals and families with special needs.

“By providing housing for our most vulnerable state residents, we strengthen and stabilize our communities,” said Jolene Kline, NDHFA executive director. The agency administers the Low Income Housing Tax Credit and National Housing Trust Fund programs in North Dakota.

Dacotah Ridge LLLP was awarded $321,000 in credit authority through the LIHTC program to support the $3.8 million acquisition and rehabilitation of a 24-unit rental property in Dickinson occupied by elderly and disabled households.

The Fargo Housing and Redevelopment Authority received $865,169 in credit authority through LIHTC to rehabilitate New Horizon Manor. The $15.88 million project will completely update a 96-unit property occupied by elderly and disabled households.

Through the LIHTC program, Grand Forks Homes Inc. received $776,667 in credit authority and was awarded $772,514 from the HTF for the construction of LaGrave on First, an $8.57 million project that will provide 42 units of permanent supportive housing for households at risk of long-term homelessness.

The Jeremiah Program was awarded $1,052,655 from the HTF for its Jeremiah Program Apartments project in Fargo. The 20-unit development is a $5.51 million project that will provide supportive services for at-risk families headed by single parents.

Commonwealth Development Corporation was awarded $698,822 in credit authority from the LIHTC program and $1,021,024 through the HTF for the adaptive reuse of the former Mandan Junior High School into La Sagrada Familia Apartments, an $8.3 million project that will create 39 rental units for households at risk of homelessness.

LIHTC property owners receive the federal tax credit for 10 years. In return, the projects supported by the program must be affordable for households at or below 60 percent of area median income for at least 15 years.

The purpose of the HTF is to increase and preserve the supply of rental housing for extremely low income households, those earning less than 30 percent of AMI. Financial awards are structured as forgivable zero-interest loans with a minimum term of 30 years.

A self-supporting state agency, NDHFA finances the creation and rehabilitation of affordable housing across North Dakota. The North Dakota Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees the agency.

Housing Incentive Fund Fully Capitalized

BISMARCK, ND – The North Dakota Industrial Commission announced today that the state’s Housing Incentive Fund (HIF) has been fully capitalized for the biennium. The program relies on taxpayer support to provide low-cost financing to developers of affordable rental housing.

HIF Invest in Your Community“We are very pleased with the success of the Housing Incentive Fund,” said members of the Commission in a joint statement. “Through the program, almost 2,500 new housing units have been created statewide since 2011, helping to address the demand brought on by North Dakota’s economic growth.”

The Commission, consisting of Governor Jack Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees North Dakota Housing Finance Agency (NDHFA), the program administrator.

The state legislature reauthorized HIF during the 2015 session approving a $10 million transfer to the program from Bank of North Dakota profits and giving NDHFA $30 million in tax credit authority to further capitalize HIF.

“We are thankful for the support of all of our contributors. It is only with their assistance that the Housing Incentive Fund is able to advance North Dakota’s efforts to provide housing that’s affordable for all of our residents,” said Jolene Kline, NDHFA executive director.

NDHFA began accepting contributions on July 1, 2015. The agency had until Dec. 31, 2016, to secure all of the contributions needed. NDHFA declared the program fully capitalized on October 14, 2016.

A total of 340 contributions were received. A little over half of the monetary support, $15.08 million, came from financial institutions. Businesses contributed $12.27 million with the single-largest contribution being made by Tesoro Corporation at $5.3 million. Individual taxpayers contributed $2.66 million – their average being $9,914. All of the contributors received dollar-for-dollar state income tax credits.

The development assistance provided through HIF this biennium will leverage $196.4 million in construction costs to create 1,105 housing units. The projects are located in Beulah, Bismarck, Bowman, Devils Lake, Dickinson, Fargo, Grand Forks, Gwinner, Hazen, Killdeer, Mandan, Minot, New Rockford, Valley City, Watford City and Williston. More than one-third of the 30 projects will provide housing for special needs households including disabled, homeless and elderly individuals and families.

“We look forward to seeing these developments through to completion, providing the housing our communities need for healthy growth and development,” Kline said.

A self-supporting state agency, NDHFA finances the creation and rehabilitation of affordable housing across North Dakota.

Tesoro Contributes $5.3 Million to Housing Incentive Fund

Tesoro executives present $5.3 million check to Gov. Dalrymple. The funds will support affordable housing projects in Bismarck, Mandan, Dickinson and Watford City.

Tesoro executives present $5.3 million check to Gov. Dalrymple and NDHFA executive director Jolene Kline. The funds will support affordable housing projects in Bismarck, Mandan, Dickinson and Watford City.

BISMARCK, ND -Tesoro Corporation today announced a substantial contribution to the North Dakota Housing Incentive Fund (HIF). Company representatives presented Gov. Jack Dalrymple with a check for $5.3 million, the single-largest contribution in the program’s history, to support affordable housing projects in Bismarck, Mandan, Dickinson and Watford City. Tesoro’s contribution has pushed the state program to more than 70 percent of its $30 million capitalization goal.

The check was presented during an event at the state Capitol by Tesoro executives, including Executive Vice President of Operations Keith Casey; Senior Vice President of Refining Brian Coffman; Vice President, Mandan Refinery, Todd Dixon; and Government and Public Affairs Director Ron Day. Dalrymple was also joined by North Dakota Housing Finance Agency (NDHFA) Executive Director Jolene Kline.

“Thank you to Tesoro Corporation for this generous contribution and for their support of affordable housing development across North Dakota,” said Dalrymple. “The Housing Incentive Fund is an important tool for ensuring the availability of affordable housing for essential service workers and those on fixed incomes, and Tesoro’s contribution will make it possible for additional development projects to move forward.”

The HIF provides low-cost financing to developers of affordable rental housing. The Industrial Commission, consisting of Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees NDHFA, the fund administrator.
“We are proud to support North Dakota Housing Finance Agency and its mission to make housing safe and affordable for the state’s workforce and its aging population,” said Casey. “We believe this initiative will make North Dakota communities stronger and will help spur continued economic growth in the state.”

“We are very appreciative of Tesoro’s support and pleased that we’ve had such great progress in reaching our capitalization goal,” said Kline. “Fourteen of the 24 projects that received conditional commitments from the agency this summer are now fully funded thanks to Tesoro’s and our other partners’ contributions to the HIF.”

NDHFA began accepting HIF contributions in July. To date, the agency has received $21.5 million.

HIFApartmentFundingTracker“It would be wonderful to say that we are done, but we aren’t,” added Kline. “We have projects in communities large and small, in the east and in the west that still need support. For many individuals and families, this program is their opportunity to have a place that’s not just affordable, but also safe and secure. A place they can call home.”

While NDHFA has until Dec. 31, 2016, to reach its goal, agency officials continually stress that the sooner the HIF is fully capitalized, the sooner the housing it supports can begin construction.

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

Eight Affordable Housing Projects Benefit from $750,000 Bremer Contribution

Fargo, ND – Bremer Bank has contributed $750,000 to the North Dakota Housing Incentive Fund (HIF) to support affordable housing developments across the state. The developments will provide Bremer Bank logohousing for essential community employees, such as teachers and nurses, as well as to lower-wage workers and disabled and elderly individuals with fixed incomes.

Eight projects will benefit from Bremer Bank’s contribution this year:

  • Prairie Winds Apartments – Dickinson
  • Jeremiah Program Apartments – Fargo
  • Prairie Pointe – Gwinner
  • Harvey Apartments – Harvey
  • Trail West Townhomes – Mandan
  • Sunset Ridge I and II – Minot
  • Meadowlark Homes – New Rockford

“Finding affordable housing in North Dakota is more challenging than ever,” said Russ Erickson, Bremer Bank Fargo Region CEO. “By contributing to the HIF, Bremer Bank is ensuring that reasonably priced housing will continue to be developed in communities throughout the state.”

Bremer Bank has contributed a total of $1.5 million to the biennial program since 2013.

“We are thankful for Bremer Bank’s continued commitment to the HIF,” said Jolene Kline, North Dakota Housing Finance Agency (NDHFA) executive director. “Through their contribution, Bremer advances the state’s efforts to provide housing for all North Dakotans. I encourage more businesses and individuals to make a contribution this year, so we can move all of our HIF projects forward.”

HIF relies on taxpayer support to provide low-cost financing to developers of affordable multifamily housing. Contributions can be targeted to a specific project or community. NDHFA administers the HIF.

In July, NDHFA awarded the first HIF conditional commitments of the biennium, pledging to support 24 new housing projects. The agency is now focused on capitalizing the fund so the developments can begin construction. Individuals and businesses that contribute to HIF receive a dollar-for-dollar state tax credit.

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

Bell State Bank & Trust Supports Affordable Housing Development

PrintFARGO, ND – Bell State Bank & Trust gave $1 million to the North Dakota Housing Incentive Fund in August. The bank’s contribution will support the development of affordable housing projects in Fargo, Gwinner and Mandan.

“With our roots in community banking and as one of the state’s top mortgage lenders, Bell is pleased to support the development of the housing that North Dakota needs,” said Michael Solberg, president and CEO of Bell State Bank & Trust.

Bell’s contribution was targeted to North Sky III, a Fargo development for individuals age 55 and older; Prairie Pointe, a family-friendly Gwinner project that includes housing for disabled households; and Mandan Apartments, a property that will provide housing for low- to moderate-income families.

HIF relies on taxpayer support to provide low-cost financing to developers of affordable multifamily housing. Contributions can be targeted to a specific project or community. North Dakota Housing Finance Agency administers the program.

“We are grateful for Bell’s continued commitment to our development program,” said Jolene Kline, NDHFA executive director. “We look forward to hearing from more of our past contributors and encourage new businesses and individuals to support the program so we can move all of our projects forward this year.”

The bank contributed $1 million to HIF during the prior biennium as well.

In July, NDHFA made HIF commitments to 24 projects. The agency is now focused on fully capitalizing the fund so that all of the projects it supports can begin construction. Individuals and businesses that contribute to HIF receive a dollar-for-dollar state tax credit.
More information on HIF is available online at www.ndhousingincentivefund.org or by contacting NDHFA at (800) 292-8621 or hfainfo@nd.gov.

North Dakota Housing Incentive Fund Receives $4 Million Contribution from U.S. Bank

Governor Dalrymple with Tim Hennessy (Regional president of US Bank) and Jolene Kline in the Memorial Hall of the Capitol Building for the presentation of $4,000,000 from US Bank to the ND Housing Incentive Fund.

Governor Dalrymple with Tim Hennessy (Regional president of US Bank) and Jolene Kline in the Memorial Hall of the Capitol Building for the presentation of $4,000,000 from US Bank to the ND Housing Incentive Fund.

BISMARCK, N.D. and MINNEAPOLIS – The North Dakota Housing Incentive Fund (HIF) is getting a big boost with a $4 million contribution from U.S. Bank. HIF supports the development of affordable housing in the state.

The HIF contribution was presented at the North Dakota State Capitol in Bismarck on Thursday, Aug. 13 by U.S. Bank Regional President Tim Hennessy to North Dakota Governor Jack Dalrymple and North Dakota Housing Finance Agency (NDHFA) Executive Director Jolene Kline.

“U.S. Bank is honored to be able to continue to support North Dakota’s housing development efforts,” said Hennessy. “The Housing Incentive Fund plays a vital role in providing affordable housing, which helps make our state an economically stronger and healthier place to live and work.”

NDHFA is a self-supporting state agency dedicated to making housing affordable for all North Dakotans. The Industrial Commission of North Dakota, consisting of Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees the agency.

U.S. Bank was one of the first companies to make a contribution to the fund when it was created in 2011. The bank also contributed $1.2 million in 2011 and $3 million in 2013.

“Thank you to U.S. Bank for this generous contribution and for their continued support of affordable housing development in North Dakota,” said Dalrymple. “U.S. Bank has been a strong partner from the very beginning of the Housing Incentive Fund. This $4 million contribution makes U.S. Bank the largest aggregate contributor in the program’s history.”

“We are very appreciative of U.S. Bank’s continued support of the Housing Incentive Fund, and I thank the bank for making the contribution now,” said Kline. “Having U.S. Bank’s support this early in our capitalization process will allow these housing projects to begin moving forward with construction, addressing critical housing needs in our fast growing communities.”

Projects in Beulah, Bismarck, Dickinson, Fargo, Grand Forks, Hazen, Mandan, Minot and Ray benefitted from U.S. Bank’s contribution.

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

Affordable Housing Project Completed in Mandan

Collins

Officials celebrate the opening of Collins Place in Mandan, ND. More photos from the event are available on our Facebook page, https://www.facebook.com/NDHousing.

MANDAN, N.D. – Gov. Jack Dalrymple today joined other officials to celebrate the completion of Collins Place, a new development on Mandan’s historic Main Street that includes 29 state-supported affordable housing units.

The North Dakota Industrial Commission authorized a $1.1 million Housing Incentive Fund allocation to support the housing development. Dalrymple is chairman of the Industrial Commission. Other commission members are Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem.

“The state is taking full advantage of its Housing Incentive Fund and is utilizing several other programs to expand the development of affordable housing throughout North Dakota,” Dalrymple said. “In the last three years alone, the state has invested nearly $50 million to support the development of more than 1,500 affordable housing units statewide. Our strategies to increase housing opportunities for modest-income residents are working and we will continue to support this important development as long as there is a need.”

Located at 100 Collins Ave., Collins Place is a four-story building with approximately 3,000 square feet of commercial space on the south side of the ground level. The residential units are accessed through secured entrances on the north end of the building. Parties interested in learning more about the property can contact IMM Apartments at (701) 250-7110.

Nine Collins Place apartments are reserved for households earning 80 percent of area median income (AMI) or less, and 20 units are reserved for households earning 140 percent of AMI or less. An individual earning less than $42,960 (80 percent of AMI) would qualify to rent a one-bedroom unit for $638.

Jolene Kline, NDHFA executive director, speaks at the grand opening of Collins Place in Mandan, ND.

Jolene Kline, NDHFA executive director, speaks at the grand opening of Collins Place in Mandan, ND.

“Our mission at the North Dakota Housing Finance Agency (NDHFA) is to ensure that everyone in the state has access to housing they can afford,” said Jolene Kline, the agency’s executive director. “We are pleased with this partnership and happy that the Industrial Commission provided the funding that helped bring this quality housing to downtown Mandan.”

The city of Mandan secured the project by making the property available for development, selling the land for only $1 per square foot. The Mandan City Commission helped by granting a Renaissance Zone status.

“Available and affordable housing is essential to attracting the workforce we need to fill the nearly 4,400 jobs currently open in the Bismarck-Mandan metro area,” said Mandan Mayor Arlyn Van Beek. “This project is important to attracting more quality workers to sustain and grow our businesses, and it will bring additional life to Main Street.”

Among those who joined Dalrymple in celebrating the project’s completion were Rep. Kevin Cramer, Kevin Ritterman of Dakota Commercial, Jon Strinden of Edgewood Real Estate Investment, Van Beek and Kline.

Capitalized by contributions from state taxpayers, HIF provides low-cost financing to developers of affordable multifamily housing. Since the program’s inception in 2011, NDHFA has allocated $49 million to projects statewide, leveraging $240 million in construction financing to support the development of more than 1,500 new rental units.

A self-supporting state agency, NDHFA finances the creation and rehabilitation of affordable housing in North Dakota. The Industrial Commission oversees the agency.