February 10, 2017
North Dakota HFA.jpg
ndhfa.org

North Dakota Housing Finance Agency honored several of its partners as Champions of Affordable Housing during its Statewide Housing Conference in February.

“The Champion awards recognize and celebrate the work of individuals, non-profit organizations, public agencies, and private sector businesses that make exceptional affordable housing contributions in North Dakota,” said Jolene Kline, NDHFA executive director.

Mortgage loan officers, financial institutions and real estate agents promote NDHFA’s homeownership programs to first-time buyers, households that previously owned a home and needed assistance buying again, and special needs households including single parents, veterans, and households with disabled or elderly family members in the home. Awards are presented to these partners based on the volume of loans produced and participation in locally sponsored affordable housing activities.

Travis Lang of Cornerstone Bank in Bismarck, ND, was the greatest individual producer of NDHFA’s affordable home loans in 2016. He originated 56 mortgages, providing more than $11 million in financing.

Also recognized was Debby Wisdom of Dakota Community Bank & Trust in Mandan, ND. Wisdom originated 46 loans in 2016 valued at more than $8 million. Over the past five years, Wisdom has produced more than 200 loans for the agency valued at over $33 million.

NDHFA also recognized three financial institutions as Champions of Affordable Housing – The Union Bank, Town and Country Credit Union, and Gate City Bank. These awardees were selected based on market penetration and loan production, special programs used, their portfolio performance and loan quality. Together, they originated 240 loans on the agency’s behalf equaling more than $38 million.

Kirstin Wilhelm of Keller Williams Roers Realty in Bismarck, ND, was recognized for introducing 15 of her clients to NDHFA’s homeownership programs, securing more than $3 million in financing. Kyle Reedstrom of Hatch Realty in Fargo, ND, was honored for helping 17 of his clients obtain $2.9 million in financing.

The Property Management award recognizes either an individual property manager or a property management company that oversees affordable rental housing administered by NDHFA. MetroPlains Management, LLC of Fargo, ND, received the award for the outstanding work it does managing the more than 50 NDHFA properties in its rental portfolio.

Housing Production award entries are judged on the degree of response to a housing need, use of innovative and successful financing techniques, effectiveness of partnerships with other housing organizations or programs, and the measurable benefits to underserved people. Cook’s Court LLLP Senior Living of Minot, ND, received the award.

Through partnerships Beyond Shelter, Inc., a nonprofit developer based in Fargo, ND, forged with the City of Minot, State of North Dakota, Minot Housing Authority and Wells Fargo, Cook’s Court Apartments was successfully developed on an in-fill lot in southeast Minot. The property provides affordable rental housing for 40 low-income households age 55 and older.

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

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