They were assisted by the Danish scholar Carl Christian Rafn and by private citizens, and on 5 November 1828 secured an annual grant of funds from the King.
[2] By 1850 there were approximately 5,000 books, but the project stagnated between 1878 and 1905, when the Faroese parliament, the Løgting, assigned funding.
[2] During the period of the Faroese language conflict, it became a rallying point for national writers and politicians.
After the achievement of home rule in 1948, the Løgting greatly increased financial support for the library and its official name became Faroese.
[2] Since 24 September 1980 the library has been housed at J. C. Svabosgøta 16 on Viðarlundin á Debesartrøð park,[2] in a purpose-built building designed by Jákup Pauli Gregoriussen.