Tag: Infrastructure Loans

BND opens second application period for BND Infrastructure Loan Fund

Bank of North Dakota (BND) has opened the second application period for the BND Infrastructure Loan Fund. During the first round, BND committed to $34.5 million in low interest loans through the program established by the 2015 Legislature. Funds were approved for road and water infrastructure construction in Wahpeton, West Fargo, Grand Forks and Beach. Read More

New loans address North Dakota infrastructure needs

During the 2015 Legislative Session, the North Dakota Legislature added three new loan programs to BND’s offerings. These programs are designed to help meet various infrastructure needs in the state. The Medical PACE Program provides an interest buydown to help finance critical access hospital medical expansion or improvement projects in communities of less than 20,000 Read More