North Dakota Infrastructure Loan Fund
Online contact form
The Bank of North Dakota Infrastructure Loan Fund provides financing to political subdivisions for repair, replacement, and new infrastructure projects.
Funds may be used for:
- Water or wastewater treatment plants
- Sewer, storm sewer, and water lines
- Transportation infrastructure
- Other infrastructure needs
Applications are prioritized based on economic impact, health, safety, and eligibility for other financing sources.
Political subdivisions in North Dakota are eligible to apply.
To qualify, the community must access other state and federal government funding options first. This loan may be used to provide gap funding if the full project cost cannot be met through other funding sources or if there are no other funding sources available.
Cumulative loan amounts may not exceed $15,000,000 per applicant.
$19,000,000 is available during this application cycle.
Interest is a 2.00% fixed rate for a financing period not to exceed 30 years. The borrower is responsible for all closing costs associated with the loan.
Contact the Bank of North Dakota by phone (701.328.5795) or through the online contact form to request an application.
For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.