Tag Archives: Watford City

From the Director, August 2018

Jolene Kline, NDHFA executive director

Throughout my years at the agency, I’ve learned that when communities advocate for themselves, the outcome can be dynamic. This month I participated in three community events where organized and passionate stakeholders, focused on long-term goals, achieved their vision for diversified housing. It is exciting to be a part of their vision during the development phase and to celebrate their successes at major milestones.

LaGrave on First in Grand Forks is a Permanent Supportive Housing (PSH) project that will house 42 individuals experiencing chronic homelessness utilizing the ‘Housing First’ model where the individuals are rapidly housed and then offered services to address the issues causing their homelessness. After years of planning, six funding streams and strong community support, LaGrave on First opened its doors this month.

Another Housing First project, Edwinton Apartments in Bismarck, broke ground in August. It will create 40 new PSH units and be operational by the fall of 2019. The project is located within an Opportunity Zone that was designated by Gov. Burgum earlier this year.

We know that chronically homeless individuals cost communities $30,000 to $50,000 every year. Providing these individuals with immediate access to housing is estimated to save a community up to 40 percent of the total cost. Having a home is so important as the foundation for a new life where individuals can feel safe and begin their personal journey to stability and recovery. LaGrave and Edwinton are modeled after the Cooper House, North Dakota’s a Housing First project which opened in Fargo in 2010. After seeing Fargo’s success, other communities have a viable, working template to customize to fit within the parameters of their own needs.

Minot’s Park South Apartments, built in 1948 as a convent and converted to apartments in the 1980s, now offers 40 renovated housing units, 30 are deemed affordable. This project is a significant milestone for Minot for many reasons. In 2016, the city applied for and was awarded one of 13 National Disaster Resilience (NDR) grants from the U.S. Department of Housing and Urban Development totaling $74.3 million. The city designated $21 million of their award for affordable multifamily housing. Park South is one of the first NDR completed projects in the nation and fills a critical affordable housing gap in the community. The project also received $2.23 million from NDHFA’s Housing Incentive Fund which was made possible by financial contributions from local banks, businesses and individuals in exchange for $2.23 million in state income tax credits.

Further west in the state, the Williston/Watford City areas are once again dealing with housing shortages which is also a workforce recruitment issue. In April, conversations began about how NDHFA’s Construction Loan Guarantee program could be leveraged to alleviate the pressure on this housing market. After analyzing the potential impact and discussions with multiple community stakeholders, the program has been modified. It can now provide up to $500,000 in guarantees per community or per contractor. Initially, it was designed to no more than five guarantees per community and three per contractor. This change will allow lenders to work with builders to determine the best balance between construction costs and local demand, taking advantage when possible of the economies of scale that come with building multiple homes in one location at one time. We are interested to see how communities benefit from the program change.

NDHFA’s mission is to make housing affordable for all North Dakotans, making the agency a stakeholder in every urban and rural community across the state. Together with these communities, private industry, nonprofits, faith-based entities and government agencies, we are making progress.

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.

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.

RibbonCutting

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.

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.

XTO Energy Makes $5 Million Contribution to Housing Incentive Fund

Single-Largest Contribution in Program History Will Support Development in the West

XTO Energy's contribution will support affordable housing projects in western North Dakota.

XTO Energy’s contribution will support affordable housing projects in western North Dakota.

Williston, N.D. – XTO Energy Inc., a subsidiary of ExxonMobil, today presented Gov. Jack Dalrymple with a check for $5 million as a contribution to North Dakota’s Housing Incentive Fund (HIF). The check represents the single-largest contribution to the fund since its inception. The energy company’s $5 million contribution will support affordable housing projects in western North Dakota.

“Thank you to XTO Energy for this generous contribution to the state’s Housing Incentive Fund and for their support of affordable housing development in western North Dakota,” said Dalrymple on behalf of the Industrial Commission. “Helping growing communities address the demand for affordable housing for our workforce is one of the Commission’s top priorities and XTO Energy’s partnership in those efforts will help ensure that affordable housing is available for all North Dakotans, especially those providing essential services.”

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

XTOEnergyCheck2“North Dakotans have welcomed the energy industry to their state, and helping to preserve and enhance the communities where we operate is an essential element of our business,” said Tim McIlwain, senior vice president, XTO Energy. “We support North Dakota’s efforts to provide affordable housing.”

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.

Four projects – Killdeer Employee Housing, Wolf Run Village II in Watford City, Watford City Apartments and Williston Station – will split XTO Energy’s contribution. More than half of the 287 units in the developments selected are for essential service workers – individuals employed by city and county departments, medical facilities, school districts and law enforcement agencies.

“We continue to hear about the need for housing for the workforce that provides essential community services, as well as for low- and moderate-income households,” said Jolene Kline, NDHFA executive director. “By contributing to the Housing Incentive Fund, businesses and individuals are helping to address our state’s housing needs.”

In early July, NDHFA announced HIF commitments to 24 projects. The agency is focused on fully capitalizing the fund so that these projects can move forward. To do so, NDHFA must raise $30 million by Dec. 31, 2016. 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.

Hospital’s Employee Housing Project is Complete

Dan Kelly, McKenzie County Healthcare Systems' CEO thanks the state for its support of the hospital's employee apartment complex.

Dan Kelly, McKenzie County Healthcare Systems’ CEO, thanks the state for its support of the hospital’s employee apartment complex.

WATFORD CITY, ND – McKenzie County Healthcare Systems and North Dakota Housing Finance Agency celebrated the completion of the hospital’s employee apartment complex today.

“We are thankful for the development assistance afforded us by the State of North Dakota,” said Dan Kelly, McKenzie County Healthcare Systems CEO. “Through the state’s participation in the project, we can now offer our workers an affordable housing alternative.”

McKenzie County Healthcare Systems received $1.83 million from the state’s Housing Incentive Fund to support the construction of the $6.3 million development. NDHFA is the program administrator.

Eighteen of the apartments in the 24-plex are reserved specifically for Essential Service Workers – individuals employed by the medical facility in lower-wage positions including nurses’ aides and lab technicians.

Eighteen of the apartments in the 24-plex are reserved specifically for Essential Service Workers – individuals employed by the medical facility in lower-wage positions including nurses’ aides and lab technicians.

Eighteen of the apartments in the 24-plex are reserved specifically for Essential Service Workers – individuals employed by the medical facility in lower-wage positions including nurses’ aides and lab technicians. Depending on income and household size, these units will rent for $721 to $1,386 per month. The apartment complex is located at 318 10th Ave NE, Watford City.

“To have healthy communities, we must have housing that is affordable for essential employees such as medical staff, teachers and law enforcement personnel,” said Jolene Kline, NDHFA executive director. “Without the housing needed to recruit and retain these workers, quality of life in growing communities deteriorates rapidly.”

Earlier this month, NDHFA announced that it has awarded HIF conditional commitments to 24 new developments. Two of the projects – Wolf Run Village II and Watford City Apartments – will be located in Watford City. The developments will bring additional ESW units to the community along with housing for other lower-wage workers and some market-rate units.

HIF relies on taxpayer support to provide low-cost financing to developers of affordable multifamily housing. To honor the commitments it made, NDHFA must raise $30 million in contributions by Dec. 31, 2016.

“The new projects can’t turn a single shovel of dirt until their HIF commitments are fully capitalized,” said Kline. “We are eager to hear from past contributors and encourage new businesses and individuals to support HIF so we can move these new projects forward.”

HIF contributions can be targeted to a specific project or designated for general use in a community or region. 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.

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

Federal Tax Credits Support Affordable Housing Development

BISMARCK, ND – Six new housing projects for low income households will receive development support from the North Dakota Housing Finance Agency (NDHFA) in 2015, the Industrial Commission announced today.

The projects are set to receive $2.7 million in credit authority under the federal Low Income Housing Tax Credit program (LIHTC), administered by the state agency.

“The financial support leveraged by the LIHTC program makes the development of housing for our most vulnerable populations feasible,” commission members said in a joint statement. The Industrial Commission, consisting of Governor Jack Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees NDHFA.

Sierra Court in Bismarck, Turtle Mountain Homes 9 in Dunseith, North Sky III in Fargo and McKenzie Village Apartments in Watford City are all for households age 55 and older. Northern Place in Dickinson and Sunset Ridge in Minot are targeted to low-wage workers. Six units in the Dickinson development are designated for households at risk of homelessness.

“As North Dakota grows, it is important to maximize our federal resources while leveraging the local, state and private dollars that are needed to bring more affordable housing to fruition,” said Jolene Kline, NDHFA executive director.

The 2015 federal tax credits will bring an estimated $37.7 million in equity to the projects.

LIHTCs are awarded annually through a competitive application process. The property owners will receive an annual federal tax credit for 10 years. In return, the projects must be affordable for households at or below 60 percent of area median income for at least 15 years. More information on the projects selected is available online at www.ndhfa.org/Development/LIHTC.html.

As part of this funding round, NDHFA also allocated $74,000 to senior projects in Jamestown and West Fargo to complete construction.

A self-supporting state agency, NDHFA finances the creation and rehabilitation of affordable housing across North Dakota. For more information on the LIHTC program, contact the agency at (800) 292-8621 or hfainfo@nd.gov.

State Awards More Than $8.4 Million to McKenzie County Development

Affordable Housing Project in Watford City Receives $1.247 Million Commitment

BISMARCK, N.D. – A recent Watford City project award brings the state’s total Housing Incentive Fund (HIF) commitment in McKenzie County since the program began in 2011 to more than $8.4 million. The program has leveraged $47 million in construction financing in the county to create 280 new affordable housing units.

“North Dakota’s Housing Incentive Fund is one of several tools used to facilitate the development of affordable housing throughout the state,” Gov. Jack Dalrymple said. “Our strategies to expand the development of affordable housing are working and we will continue to support this important development.”

“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,” said Agriculture Commissioner Doug Goehring.

“This project is a great example of our commitment to expanding the development of affordable housing for fixed-income residents and employees who provide essential services in our rapidly growing communities,” said Attorney General Wayne Stenehjem.

McKenzie Park Apartments was selected to receive $1.247 million in development support from HIF following a recent funding round. The $10.26 million complex will include six units for households earning up to 80 percent of Area Media Income (AMI). Forty-one units will be reserved for Essential Service Workers (ESW) earning up to 140 percent of AMI. The remaining 13 units will rent at market rate without income restrictions.

HIF is administered by North Dakota Housing Finance Agency (NDHFA). The program provides developers of affordable housing with low-cost financing.

“NDHFA’s mission is to ensure that everyone in our state has access to affordable housing,” said Executive Director Jolene Kline. “We continue to work with the Industrial Commission members to address North Dakota’s housing needs and we are grateful for the partnership with G.A. Haan Development that will provide Watford City with these housing options.”

Haan, developer of the McKenzie Park Apartments, also received a $3.7 million commitment from McKenzie County to support the installation of infrastructure and assist with construction costs. The county chose to make the commitment because of the project’s focus on housing individuals who provide essential community services including education, medical and law enforcement. McKenzie Park Apartments will begin development this fall.

G.A. Haan Development is based in Harbor Springs, Mich. McKenzie Park Apartments will be the developer’s fifth affordable housing project in North Dakota.

NDHFA is a self-supporting state agency that 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.

Healthcare Systems’ Employee Housing Construction Begins

MCHSState Will Provide $2.6 Million to Build Affordable Apartment Complex

WATFORD CITY, ND – McKenzie County Healthcare Systems, Inc. and North Dakota Housing Finance Agency (NDHFA) broke ground today for a development that will provide affordable housing for essential medical personnel.

“This housing project is just the latest example of our commitment to the expanded development of affordable housing for fixed-income residents and employees who provide essential services in our rapidly growing communities,” Governor Jack Dalrymple said. “The state’s Housing Incentive Fund and support from the Bank of North Dakota have proven to be valuable tools in addressing the affordable housing needs of our growing state.”

McKenzie County Healthcare Systems received a $1.83 million Housing Incentive Fund (HIF) commitment from NDHFA and is applying for an $830,000 interest rate buy-down through Bank of North Dakota’s (BND) FlexPACE program to support the construction of the $6.1 million housing development. The North Dakota Industrial Commission, with Dalrymple as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees NDHFA and BND.

According to McKenzie County Healthcare Systems CEO Daniel Kelly, the housing project will help attract and retain healthcare professionals.

“Having affordable housing and affordable daycare are our greatest obstacles to recruiting the staff essential to the healthcare systems’ operations,” Kelly said. “The assistance afforded by the Industrial Commission and the state legislature through the Housing Incentive Fund is helping us address these obstacles.”

Images from the McKenzie Systems' Employee Housing Groundbreaking are available on our Facebook page, https://www.facebook.com/NDHousing.

Images from the McKenzie Systems’ Employee Housing Groundbreaking are available on our Facebook page, https://www.facebook.com/NDHousing.

Eighteen of the apartments will be reserved specifically for essential service workers – individuals employed by the medical facility in lower-wage positions including nurses’ aides and lab technicians. Depending on income and household size, these units will rent for $605 to $1,000 per month.

“NDHFA’s mission is to ensure that everyone in our state has access to affordable housing,” said Jolene Kline, NDHFA executive director. “We continue to work with the Industrial Commission members to address the needs of North Dakota’s growing communities.”

Since HIF’s inception in 2011, NDHFA has allocated $49 million to affordable housing projects statewide, leveraging $240 million in construction financing to support the development of more than 1,500 new rental units.

McKenzie County Healthcare Systems’ development will be located at 318 10th Ave NE, Watford City. Anticipated completion is September 2015.

NDHFA is a self-supporting state agency that finances the creation and rehabilitation of affordable housing across North Dakota.

Champions of Affordable Housing Recognized

BISMARCK, ND – The North Dakota Housing Finance Agency (NDHFA) recognized several lending partners and housing advocates as Champions of Affordable Housing at the 23rd Annual Statewide Housing Conference on Feb. 27.

“North Dakota has experienced dramatic changes in recent years, and the Housing Finance Agency’s challenge to provide safe, decent and affordable housing for every North Dakotan has grown substantially,” said Agriculture Commissioner Doug Goehring, who presented the awards on behalf of the North Dakota Industrial Commission.

NDHFA’s lender awards are based on participation in its homeownership programs and involvement in locally sponsored affordable housing projects and events. In addition to honoring lending institutions that originated the loans, mortgage loan officers that actively promoted the agency’s programs were also recognized.

The lending institutions recognized include Dakota Community Bank & Trust, First Community Credit Union, Gate City Bank, and Security First Bank of North Dakota.  Individual loan officers honored were Gail Jacobson and Laura Dwyer of Bismarck, Kathie Dunn and Mary Radenz of Jamestown, and Debby Wisdom of Mandan.

Wolf Run Village in Watford City was recognized with a Housing Production Award. The city, county and school district formed a non-profit organization to implement the construction and operation of the 42-unit apartment complex to provide affordable housing for local government employees.

John Phillips of Beulah was recognized with the Leadership Award. Phillips has served fulltime as a real estate development specialist for Lutheran Social Services Housing since 2010. His advocacy on behalf of the organization has helped put six affordable housing projects in place in Western North Dakota.

Former NDHFA Executive Director Mike Anderson, who retired in May 2013, was honored with an Achievement Award.

“Mike was a tireless advocate for affordable housing to meet North Dakota’s most critical needs,” said Goehring. “His accomplishments as the Housing Finance Agency’s executive director were many and I think he went into retirement knowing that through his leadership the agency has and will continue to make a difference for thousands of families across North Dakota.”

NDHFA began recognizing its housing partners with the Champion of Affordable Housing Awards in 1995. For more information on the awards or other agency programs, contact NDHFA at (800) 292-8621 or http://www.ndhfa.org.

The Industrial Commission of North Dakota, consisting of Gov. Jack Dalrymple, as chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees NDHFA.