In Depth: It will take some time before housing affordability improves

In Depth: It will take some time before housing affordability improves

By Casey Quinlan for the North Dakota Monitor  (Source: North Dakota Monitor) — Inflation is slowing and job growth has surged, but many Americans still feel the burden of expensive housing – fueled in part by high demand, low inventory and mortgage rates. Home...
Public-private partnership making Century View Apartments possible, warmer weather advancing construction on the project

Public-private partnership making Century View Apartments possible, warmer weather advancing construction on the project

The much warmer than normal winter has been a boon for the construction industry, which has been especially beneficial for work on the new Century View Apartments in northeast Bismarck. The $11.2 million project is yet another collaboration between CommunityWorks...
“A tremendous opportunity”: FHLB member lenders can positively impact affordable housing by partnering with CommunityWorks

“A tremendous opportunity”: FHLB member lenders can positively impact affordable housing by partnering with CommunityWorks

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) has selected North Dakota to be part of its Member Impact Fund and CommunityWorks North Dakota needs your help.   For a limited time, all FHLB member institutions can partner with CommunityWorks through a...
North Dakota’s median rent near bottom nationally, but lack of inventory compounds state’s affordable housing challenges

North Dakota’s median rent near bottom nationally, but lack of inventory compounds state’s affordable housing challenges

(Sources & Credits: New Topic News / constructioncoverage.com) — New inflation data from the federal Bureau of Labor Statistics revealed that while October’s Consumer Price Index was up 3.7 percent year-over-year, the index for shelter had risen 7.2...