BISMARCK, NORTH DAKOTA –At a celebration event on Wednesday, February 16, Bremer Bank was honored with a Champion of Affordable Housing - Award of Excellence from North Dakota Housing Finance Agency (NDHFA). The state agency presented the award to Bremer’s North Dakota mortgage team for its best banking practices and outstanding delivery of its homeownership programs.
“Homeownership is a core component of the American dream,” said NDHFA Executive Director Dave Flohr. “Through our Champion Awards, North Dakota Housing Finance Agency honors the housing professionals who partner with the agency, promote our programs and help to make homeownership affordable.”
Data consistently shows how homeownership stimulates equity and is the primary driver for building wealth. Each year of successful homeownership adds nearly $10,000 in household wealth. It also creates stability for families and stronger connections within our communities.
“Creating greater opportunities for individuals and families of all income levels to participate in homeownership is foundational to thriving communities,” said Jeanne Crain, President and CEO of Bremer Bank. “I am proud of Bremer’s talented and committed North Dakota team for their dedication in guiding and supporting our customers through the process of homeownership in the communities we serve.”
Nine of NDHFA’s housing partners were recognized with Champion Awards. The agency annually recognizes financial institutions, mortgage loans officers and real estate agents from across the state for their outstanding promotion and delivery of its programs, which are focused primarily on increasing homeownership opportunities for low- and moderate-income first-time homebuyers.
