Bismarck   (CSi)  The North Dakota Housing Finance Agency (NDHFA), has approved a grant through the Low Income Housing Tax Credit (LIHTC) program, to Commonwealth Development Corporation for the Eagle Flats project in Jamestown.

$720,000 was awarded in credit authority through LIHTC to support the development, that will create 33 new homes for families including seven supportive housing units that will be reserved for households at risk of homelessness, and provide housing for those with low and moderate incomes. Plans call for a four story structure, with 1, 2 and 3 bedroom units with green space, playground and parking in Downtown Jamestown

The proposed $8.66 million  project,would be built at the site of the former Eagle Club in Jamestown.  The present structure would be demolished.

NDHFA has allocated around $3.8 million in federal tax credit authority through the Low Income Housing Tax Credit (LIHTC) program.

The Industrial Commission, consisting of Gov. Doug Burgum as chairman, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem, oversees NDHFA.