North Dakota Infrastructure Revolving Loan Fund
Bank of North Dakota
Applications accepted on an ongoing basis
The Bank of North Dakota Infrastructure Revolving 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
- Communications infrastructure
- Emergency services facilities, excluding hospitals
- Other infrastructure needs
Political subdivisions in North Dakota are eligible to
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.
Amount of funding
Cumulative loan amounts may not exceed $20,000,000 per
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.
Capital funding · Emergency medical services · Environmental health · Infrastructure · Public health · Transportation · North Dakota
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.