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Commission approves PILOT for 65‑unit Fargo HRA low‑income development
Summary
The commission approved a payment‑in‑lieu‑of‑taxes exemption for a proposed 65‑unit low‑income building at 1711 25th Avenue South; the project will be 100% project‑based‑voucher subsidized, officials said.
The Fargo City Commission voted to approve a payment‑in‑lieu‑of‑taxes (PILOT) exemption for a proposed 65‑unit low‑income multifamily project at 1711 25th Avenue South, an application filed by the Fargo Housing Authority in partnership with Blue Line Development.
Jim Gilmore explained that the exemption is necessary because the developer will use low‑income housing tax credits and the ownership structure can make portions of the project subject to property tax — a cost that could make deep‑subsidy units infeasible. Chris, representing the housing authority, told commissioners the building will offer one‑, two‑ and three‑bedroom units and will be "100% vouchered" with project‑based vouchers that limit occupancy to households at or below 50% of area median income; he added that the agency is filling recently completed buildings and maintains long waiting lists.
Commissioner Strand and others thanked staff and partners for pursuing affordable housing. After a public hearing with no public speakers on the item, the commission moved to approve the PILOT; members voting in favor were recorded by roll call with unanimous support.
The commission's action allows the project to advance to subsequent permitting and financing steps. Staff noted Cass County and the Fargo school board have also voted to participate in the exemption.
