Border States Electric (BSE), headquartered in Fargo, N.D., has invested $100,000 in Isaiah
Investments, a statewide loan fund that supports the work of Lutheran Social Services Housing.
Isaiah Investments is a social ministry organized as an affiliated entity of Lutheran Social Services Housing. The fund’s name is a reference to the 32nd chapter of Isaiah: “My people will live in peaceful dwelling places, in secure homes, in undisturbed places of rest.”
Since 2008, the organization has helped create or preserve over 500 units of rental housing, completed three renovations of historic landmark buildings, and supported the re-invigoration of healthy housing markets in almost 20 rural communities, serving as a catalyst for action and a model of the power of investment as a tool for sustainable community development.
Jessica Thomasson, CEO Lutheran Social Services said, “Border States’ investment in the Lutheran Social Services Isaiah Fund is an example of true corporate citizenship. They not only help make the communities they work in better by the work they do but also by the actions they take in support of things like affordable housing and quality child care. We are so pleased that they have chosen to partner with us.”
BSE supplies products and services to construction, industrial and utility customers. The 100 percent employee-owned company is the eighth-largest electrical distributor in the United States as ranked by Electrical Wholesaling magazine. BSE has more than 2,000 employees and 80 branches in 16 states.