Tag Archives: National Housing Trust Fund

Bismarck Housing for Long-Term Homeless Opens

NDHFA Interim Executive Director Dave Flohr congratulates Burleigh County Housing Authority on the successful completion of Edwinton Place.

BISMARCK, ND – Burleigh County Housing Authority (BCHA) marked the completion of Edwinton Place Apartments today. The Permanent Supportive Housing (PSH) project will provide 40 individuals who have experienced long-term homelessness with a stable home and offer services to address the issues that are the cause of their homelessness.

After thanking his development partner, Beyond Shelter Inc. (BSI), and the community leaders and organizations that supported the project, BCHA Executive Director Dwight Barden said in reference to Edwinton’s ‘Housing First’ approach, “Now, the real work begins.”

Housing First is endorsed by the federal government as the way to end long-term homelessness, providing immediate, permanent housing without pre-requisites like treatment or sobriety and then offering voluntary services. At Edwinton, the Dacotah Foundation, West Central Human Service Center, Community Options, Heartview Foundation, Youthworks of North Dakota and Job Service will offer treatment for substance abuse, personal care and assistance finding employment. Medical care will be provided by Sanford Health and Northland Health Center.

Edwinton Place

Edwinton Place is a Permanent Supportive Housing project that will provide 40 individuals who have experienced long-term homelessness with a stable home and offer services to address the issues that are the cause of their homelessness. More photos of the property are available on NDHFA’s Facebook page, https://bit.ly/2pC7Wyq.

Edwinton is North Dakota’s third PSH project to offer individuals Housing First. BSI, a nonprofit developer based in Fargo, ND, partnered with Fargo Housing and Redevelopment Authority to open Cooper House in 2010 and with Grand Forks Housing Authority to open LaGrave on First in 2018.

“Beyond Shelter focuses on developing housing for the lowest income households in the community, the people whose needs are often overlooked,” BSI Development Director Lisa Rotvold.

Most of Edwinton’s financing was provided by North Dakota Housing Finance Agency (NDHFA).

“Battling chronic conditions without housing makes it difficult to stabilize, leaving people trapped in a spiral that is nearly impossible to escape,” said NDHFA Interim Executive Director Dave Flohr. “When a community comes together to address the needs of its most vulnerable citizens, we all win.”

The state agency awarded $813,000 in federal Low Income Housing Tax Credits to the project providing it with $7.2 million in equity. NDHFA also provided $1,026,147 from the National Housing Trust Fund, $460,000 from the Neighborhood Stabilization Program (NSP), and $500,000 from the state’s Housing Incentive Fund.

The City of Bismarck, in agreement with Burleigh County and the Bismarck Public School District, approved a 20-year Payment in Lieu of Taxes for the property valued at more than $2 million. North Dakota Department of Commerce committed $730,000 through NSP for land acquisition, $362,500 of which will go toward the land lease. Through Bank of North Dakota, the Federal Home Loan Bank awarded $750,000 from the Affordable Housing Program. The Otto Bremer Trust provided $62,000 to cover pre-development costs. Construction financing was provided by Gate City Bank. The total cost of development was $10.3 million.

Located at 1121 S 11th Street, Edwinton is a four-story building with a controlled entrance and 24/7 front desk staffing. On the first floor, offices, meeting rooms and an exam room allows for services to be provided at the site. A community room, TV room and computer room for tenant use is located on the same level. The upper floors are made up of 40 one-bedroom/bath apartments with full kitchens. Eight of the units are fully accessible for persons with a physical disability.

The gross rent of the apartments is $729 with a $40 utility allowance making tenant rent $689 per month. Burleigh County Housing Authority project-based Housing Choice Vouchers to ensure the affordability of the units for the property’s extremely low-income tenants. With the vouchers, the tenants will pay no more than 30 percent of their income towards rent.

BCHA began moving tenants into the property earlier this month. The housing authority is anticipating that Edwinton will be fully occupied by the end of the year. Because most of the tenants are expected to arrive with minimal personal items, the housing authority is trying to outfit the apartments with the necessities needed for daily living through an Amazon wish list. Dinnerware, towels, bedding and small appliances are still needed.

“The community has been very responsive,” said Barden. “We appreciate the assistance in helping to furnishing the units equitability.”

The Edge Offers Affordable Downtown Housing for Families

(From L to R): ND House Rep. Austen Schauer, Commissioner Lise Kruse (representing Gov. Doug Burgum), Alaura Williams (representing Sen. John Hoeven), Reid Kemp (representing Sen. Kevin Cramer), Erin Anderson (Commonwealth Development Corp.) and Mayor Tim Mahoney (City of Fargo).

FARGO, ND – The Commonwealth Companies will mark the completion of The Edge Artist Flats, commonly known as “The Edge,” an apartment complex that offers a new affordable housing option in downtown Fargo, at 11:00 a.m. on October 10, 2019. The grand opening includes a short program followed by a ribbon cutting and tours of the property.

“Commonwealth works closely with community leaders and state government agencies to deliver housing that exceeds expectation, adding value to a community and enhancing the lives of the residents served,” said Erin Anderson, a regional vice president of development for the company.

While you don’t have to be an artist to live at The Edge, the name refers to the property’s theme and design element, the tenants will be offered a creative outlet with plans by the developer to use the community room for art classes for children and adults alike. The property’s common areas serve as gallery space, and there is an art workspace that also functions as a multi-purpose room.

The Edge offers a new affordable housing option in downtown Fargo.

The property was developed with support from North Dakota Housing Finance Agency (NDHFA). The state agency awarded $740,000 in federal Low Income Housing Tax Credits to the project that were syndicated by Redstone Equity Partners providing $6.55 million in equity. NDHFA also provided $1,369,263 through the National Housing Trust Fund.

“We know that communities thrive when the workforce can afford to live and raise their families close to good-paying jobs,” said Dave Flohr, NDHFA’s interim executive director. “That’s why it is important to recognize and celebrate developments like The Edge that provide desirable and obtainable homes.”

The project received strong support from the City of Fargo as well. Community leaders, who have expressed increasing concerns about the affordability of downtown housing, approved the rezoning of the land on which The Edge is located and provided a Payment in Lieu of Taxes (PILOT) valued at $742,689. The Fargo Moorhead Economic Development provided the required local match, $225,000, for an interest-rate buydown through Bank of North Dakota’s FlexPACE program, valued at $531,070.

The Edge’s permanent financing was provided by Security First Bank of North Dakota. The total cost of developing the 42-unit complex was $8.9 million.

The apartments rent for $456 to $975, depending on household income and size. Nine units are set aside for special needs households, two for disabled individuals and seven for households who have experienced housing instability. The latter will rent at the rate the tenants are able to pay and these tenants will be offered services focused on helping them attain self-sufficiency.

Located at 1321 5th Ave. North, the property amenities include contemporary finishes, underground parking, the community room and multi-purpose room, a fitness room, an elevator, on-site management office and a playground. The apartments have central heat and air, dishwashers, and in-unit washer and dryers. The property’s downtown location offers easy access to entertainment, shopping and restaurants.

Individuals who would like to learn more about the apartments should contact MetroPlains Management at (701) 551-3107. Information is also available online at www.metroplains.com.

Assistance Available for Development of Affordable Housing

BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) is currently accepting applications for affordable housing development assistance through the federal Low Income Housing Tax Credit (LIHTC) and National Housing Trust Fund (HTF) programs, and the state’s Housing Incentive Fund (HIF).

“The development support North Dakota Housing Finance Agency administers aids communities in addressing the housing needs of their most vulnerable populations,” said Dave Flohr, NDHFA interim executive director.

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 $3.2 million in credit authority will be available in 2020, pending congressional approval, which would generate more than $28 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.

HIF supports the development of housing for low- to moderate-wage workers, the state’s aging population, individuals with disabilities and persons at-risk of homelessness. During the most recent legislative session, NDHFA received a $7.5 million appropriation from the general fund for the program.

The application process for each of NDHFA’s program is competitive with the top-scoring projects receiving conditional commitments from the agency. 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.

Applications for the assistance are due by 5 p.m., CT, on Sept. 30, 2019. Funding awards are accepted to be announced in early November.

More information on the 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.