BISMARCK, N.D. (KXNET) — Tuesday, October 29th marks the grand opening of Bismarck's Century View affordable housing complex — a project to help aid low-income families and individuals in the capital city. The $11.2 million complex consists of 40 housing units across three apartment buildings, as well as an additional community area. The project is supported by more than $3 million in federal funding, which was secured by the Senate Transportation, Housing, and Urban Development Appropriation Committee (which Hoeven is a member of). Judge orders Holmberg to report to jail The federal funds are broken down as follows: $2.25 million of the funding comes from the Home Investment Partnerships Program (HOME). $813,000 of the funding comes in the form of Low-Income Housing Tax Credits (LIHTC), which were leveraged to secure an estimated $7 million in project equity. The project is also receiving support from Section 8 housing vouchers, which will be used to provide rental assistance to eligible residents. “Century View will serve as an important asset for the Bismarck community, providing 40 families with affordable housing and helping address one of the biggest challenges our communities face. This project is now a reality, with amenities that any tenant would want, because the developers were able to leverage more than $3 million of federal funding to secure private investment of $7 million,” said Hoeven. “Through partnerships like this, we can provide the affordable, high-quality housing stock that our state needs, supporting our ongoing growth and a higher quality of life.” Century View is the latest affordable housing initiative that has been funded during Hoeven's time in the Senate, but it is not the first. Examples from earlier this year include the Milton Earl Apartments in Fargo for low-income seniors and additional development on the Lashkowitz Riverfront Project among other efforts. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Today's Top Stories SIGN UP NOW