Jeremiah Program today announced receipt of a $1.05 million award from the National Housing Trust Fund (HTF), administered through the North Dakota Housing Finance Agency (NDHFA). The funds will be used to build a 20-apartment campus for low-income single mothers and their children in Fargo, ND.
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 area median income. Financial awards are structured as forgivable zero-interest loans with a minimum term of 30 years.
“This vital funding moves us toward the finish line of necessary capital to construct our building and break ground in 2017,” said Diane Solinger, executive director of Jeremiah Program Fargo-Moorhead. “Our community as a whole will benefit from the affordable housing and supportive services this campus will offer.”
Jolene Kline, NDHFA executive director, concurred: “By providing housing for our most vulnerable state residents, we strengthen and stabilize our communities.”
The Jeremiah campus in Fargo, to be built on land donated by Catholic Health Initiatives at 801 Page Drive, will provide safe and affordable housing, an on-site early childhood education center, and individualized support for helping women get into and through career-track, college degree programs. Jeremiah serves low-income single mothers with children under the age of five. Currently, more than 2,300 single mothers are living in poverty in the Fargo area, a number that has increased 16 percent over the last six years. The majority of these mothers have children under the age of four.
“Leaders in the Fargo area have worked diligently for several years to bring Jeremiah’s two-generation approach to families who need a hand-up,” said Jeremiah President & CEO Gloria Perez. “This grant makes it possible for us to leverage further support from individuals, local businesses and foundations for the benefit of the determined families we serve.”
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 NDHFA.