North Dakota RealEstateRama

A development that addresses one of the City of Fargo’s biggest housing needs - affordable rental options for seniors - broke ground for the final phase of the project today. An event, co-hosted by Beyond Shelter Inc. (BSI) and North Dakota Housing Finance Agency (NDHFA), marked the completion of North Sky Apartments’ second phase and the groundbreaking for the third and final building

Senator John Hoeven today outlined the Senate’s new six-year highway bill at an open house of the Associated Builders and Contractors. The measure will provide North Dakota with more than $1.6 billion. Hoeven said the formula is favorable to North Dakota and increases highway funding for the state to $270 million, about $30 million a year more than it currently receives.

Learning the ins and outs of the affordable housing development process will be the focus of a training series for public and non-profit practitioners that starts this fall. In October, North Dakota Housing Finance Agency, in partnership with the North Dakota Department of Commerce and CommunityWorks North Dakota, will host the first in a series of four courses for the National Development Council’s Housing Development Finance Professional Certification

U.S. Senator Heidi Heitkamp today announced a $46 million loan to improve rural electric infrastructure, guaranteeing rural North Dakotans have access to reliable, affordable power. “When I go to work every day in the Senate, fighting for rural America is my top priority – and this loan will help North Dakota’s rural residents keep getting the reliable electricity they need,” Heitkamp said.

Isaiah Investments is a social ministry organized as an affiliated entity of Lutheran Social Services Housing. The fund’s name is a reference to the 32nd chapter of Isaiah: “My people will live in peaceful dwelling places, in secure homes, in undisturbed places of rest.”

U.S. Senator Heidi Heitkamp introduced legislation to strengthen investments in local towns and neighborhoods by expanding small banks’ access to credit, allowing them to provide more affordable home mortgages to the individuals and families in their communities.

U.S. Senator Heidi Heitkamp today issued the following statement after the U.S. Environmental Protection Agency (EPA) released its final Clean Power Plan rule to regulate greenhouse gas emissions standards for existing U.S. power plants.

The North Dakota Industrial Commission has approved $850,000 in research and development grants for two renewable energy projects. The projects involve research and development of renewable energy technologies and processes that have strong growth potential in North Dakota.

Senator John Hoeven today announced that the Federal Emergency Management Agency (FEMA) has awarded $621,763 to counties in North Dakota through FEMA’s Operation Stonegarden Grant (OPSG) program. The funds will be used to help secure the United States’ border with Canada while enhancing cooperation and coordination among law enforcement agencies on both sides of the border

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