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NOTICE IS HEREBY GIVEN of the intent of the North Dakota Industrial Commission, acting as the North Dakota Housing Finance Agency (NDHFA), to hold a public hearing on the issuance of revenue bonds in one or more series, pursuant to a plan of financing, including bonds issued to refund such revenue bonds in one or more series from time to time, and at no time to exceed $47,500,000 in outstanding aggregate principal amount under the North Dakota Housing Finance Agency Act. The purpose of issuing the bonds being to provide funds to finance the acquisition, construction and equipping of the below referenced multifamily rental housing development which will be occupied at least in part by persons of low or moderate income.
Development Name: Central at the Horizon
Address: 11 12th St N, Fargo, ND
Number of Units: 262
Project Sponsor: Central at the Horizon, LP or another affiliate thereof.
Maximum Amount: $47,500,000
The bonds and the obligation to pay the principal of and interest thereon and any redemption premium with respect thereto will not constitute an indebtedness or an obligation of NDHFA, the State of North Dakota or any political subdivision thereof within the meaning of any constitutional or statutory debt limitation or a charge against the general credit or taxing powers of any of them. The bonds and obligation will be payable solely from certain revenue duly pledged therefore and generally representing amounts paid by the Borrower, any successors, assigns or affiliates thereof.
TEFRA Hearing Details
Access to the hearing by the public will be in-person or via Microsoft Teams (virtual or audio-only) on May 26, 2026, at 10:00 AM, CT.
NDHFA Board Room
2624 Vermont Avenue
Bismarck, ND 58502
Microsoft Teams
From a browser (virtual): https://teams.microsoft.com/meet/292297319041496?p=wkL9NQ8KxanZrcXlsu
Meeting ID: 292 297 319 041 496
Call-in (audio only): (701) 328-0950, Conference ID: 604 738 508#
NDHFA Contact:
Jennifer Henderson
Director, Community Housing and Grants Management
PO Box 1535
Bismarck, ND 58502
(800) 292-8621 (Voice)
(800) 366-6889 (TTY)
(800) 435-8590 (Spanish)
hfainfo@nd.gov