North Dakota Industrial Commission
State Capitol, 14th Floor, 600 E Boulevard Ave. Dept. 405
Bismarck, ND 58505-0840
Phone: 701-328-3722 Fax: 701-328-2820
E-mail: ndicinfo@nd.gov
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Press Releases
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Development Support Available for Low Income Housing Projects - November 20, 2014
BISMARCK, ND - The North Dakota Housing Finance Agency (NDHFA) is accepting applications for more than $2.6 million in federal tax credits that support the development of multifamily housing for low-income households.

Industrial Commission submits comments to the U.S. Environmental Protection Agency on the Proposed Definition of Waters of the United States (Docket ID No. EPA-HQ-OW-2011-0880 - November 14, 2014

Industrial Commission Advances Working Draft of New Standards to Improve Oil Transportation Safety - November 13, 2014
BISMARCK - The North Dakota Industrial Commission today moved forward on plans to adopt new conditioning standards to improve the safety of Bakken crude oil for transport.

State Awards More Than $8.4 Million to McKenzie County Development - November 3, 2014
BISMARCK, ND - A recent Watford City project award brings the state's total Housing Incentive Fund (HIF) commitment in McKenzie County since the program began in 2011 to more than $8.4 million.

S&P Affirms Credit Ratings for Bank of North Dakota (BND) - October 29, 2014
BISMARCK, ND - The Bank of North Dakota (BND) continues to maintain its high credit ratings as noted in Standard & Poor's (S&P) annual review of the bank released October 2, 2014.

Affordable Housing Project Completed in Mandan - October 22, 2014
MANDAN, ND - Gov. Jack Dalrymple today joined other officials to celebrate the completion of Collins Place, a new development on Mandan's historic Main Street that includes 29 state-supported affordable housing units.

Healthcare Systems' Employee Housing Construction Begins - October 15, 2014
WATFORD CITY, ND - McKenzie County Healthcare Systems, Inc. and North Dakota Housing Finance Agency (NDHFA) broke ground today for a development that will provide affordable housing for essential medical personnel.

Dalrymple, Badlands NGL Announce Largest Private Equity Project in State History - October 13, 2014
BISMARCK, ND - Governor Jack Dalrymple along with William Jeffrey Gilliam, CEO of Badlands NGL, LLC, today announced the development of a North Dakota manufacturing plant that will convert ethane, a byproduct of natural gas processing, into polyethylene which is used to make a wide variety of end-use consumer and industrial plastics.

Industrial Commission Approves State Mill Capacity Expansion - September 18, 2014
BISMARCK - The North Dakota Industrial Commission has authorized the expenditure of $19,815,000 to increase milling capacity at the North Dakota Mill in Grand Forks by 11,500 hundredweight per day.

Industrial Commission Awards $5,752,839 in Outdoor Heritage Funds - September 17, 2014
BIKSMARCK - The Industrial Commission today approved nearly $5.8 million in state grants from the Outdoor Heritage Fund.

Industrial Commission Awards $500,000 Grant for Solar UAS Project - September 17, 2014
BISMARCK - The North Dakota Industrial Commission today awarded a $500,000 grant from the North Dakota Renewable Energy Program to Packet Digital for a project to better use solar energy in unmanned aircraft systems (UAS).

Affordable Housing Milestones Will Be Marked In Williston On Tuesday - September 15, 2014
Legacy Living Grand Opening and Renaissance on Main Groundbreaking Events to be Held

BND Now Offers Ag Commodity Export Enhancement Program - September 9, 2014

Industrial Commission comments to the EPA regarding proposed rulemaking for hydraulic fracturing chemical substances and mixtures and the mechanism for obtaining this information (Docket ID No. EPA-HQ-OPPT-2011-1019) - July 29, 2014

Industrial Commission Expands Home Ownership Opportunities - July 29, 2014
BISMARCK - The North Dakota Industrial Commission today approved changes in the North Dakota Roots Program (Roots), to help more state residents become homeowners.

Bowman Celebrates Completion of The Landing - July 8, 2014
BOWMAN, ND - State and community leaders today said completion of The Landing, a Lutheran Social Services Housing development in Bowman, will provide more housing choices for individuals and families as well as affordable independent living for people with disabilities who receive services from ABLE Inc.

NDIC Adopts an Additional Flaring Reduction Policy - July 1, 2014
BISMARCK - The North Dakota Industrial Commission today approved policy aimed at reducing the amount of natural gas flaring from the Bakken and Three Forks Formations.

Comments from the Industrial Commission to the Minnesota Public Utilities Commission in the Matter of the Investigation into Environmental and Socioeconomic Costs under Minnesota Statute - June 25, 2014

Industrial Commission Awards $2.5 Million in Outdoor Heritage Funds - May 28, 2014
BISMARCK, ND - The Industrial Commission late Tuesday approved $2,509,428 of Outdoor Heritage Fund dollars for 17 projects.

Housing Agency Increases Loan Purchase Price Limit - May 27, 2014
BISMARCK, ND - The Industrial Commission has increased the purchase price limit of North Dakota Housing Finance Agency (NDHFA) homeownership programs from $250,000 to $265,158 in accordance with Internal Revenue Service guidelines.

Commission Approves Distribution of Housing Grants - May 27, 2014
BISMARCK, ND - The North Dakota Industrial Commission has authorized the distribution of more than $197,000 to organizations statewide through helping Housing Across North Dakota (Helping HAND).

Affordable Workforce Housing Construction Begins in Minot - May 15, 2014
MINOT, ND - Beyond Shelter, Inc. (BSI), the Minot Housing Authority and North Dakota Housing Finance Agency (NDHFA) broke ground today for Fieldcrest Apartments, a development that will bring affordable workforce hosing to northeast Minot.

Comments to be Presented at Bureau of Land Management Hearing May 9, 2014 - May 9, 2014

Comments from the Industrial Commission regarding the Matter of the Investigation into Environmental and Socioeconomic Costs under Minnesota Statute - May 1, 2014

BND Announces new Student Loan Repayment Program - April 21, 2014
BISMARCK - Bank of North Dakota (BND) has unveiled DEAL One Loan, a new student loan repayment program for North Dakota residents who have completed their education.

Bank of North Dakota highlights partnerships in 2013 Annual Report - April 21, 2014
BISMARCK - Bank of North Dakota (BND) reported a 10th consecutive year of record profits in its 2013 annual report with $94 million in net earnings.

NDIC appoints Stomberg as Transmission Authority Director - April 7, 2014
BISMARCK - The North Dakota Industrial Commission has appointed Andrea Stomberg as director of the North Dakota Transmission Authority.

Federal Tax Credits Will Support Affordable Senior Housing - March 31, 2014
BISMARCK - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has made conditional commitments to five multifamily housing developments for $2.4 million in federal Low Income Housing Tax Credits (LIHTC).

North Dakota Industrial Commission's letter of support for North Dakota Pipeline Company's Sandpiper Project - March 3, 2014

Comments for consideration on US EPA's Draft UIC Class VI Program: Guidance on Transitioning Class II to Class VI Wells - February 18, 2014

State Adjusts Homeownership Program Income Limits - February 4, 2014
BISMARCK - The Industrial Commission has adjusted income limits in state homeownership programs, making more North Dakotans eligible for mortgage loans with below-market interest rates as well as down payment assistance and closing cost assistance.

Rebuilders Loan Numbers Released - February 3, 2014
BISMARCK - Nearly 2,000 families have received or been approved to receive assistance from two funds designated for rebuilding after the 2011 floods by the North Dakota Legislature.

Industrial Commission Awards Outdoor Heritage Fund Dollars in the Amount of $5,848,133 - January 30, 2014
BISMARCK - The Industrial Commission approved $5,848,133 of Outdoor Heritage Fund dollars for 17 projects.

Commission Recognizes Housing Incentive Fund Contributor - January 8, 2014
BISMARCK - The North Dakota Industrial Commission today recognized QEP Resources, Inc. for contributing $1 million in December to help the Housing Incentive Fund (HIF) create hundreds of new affordable housing units in western North Dakota.

Housing Incentive Fund Fully Capitalized in Only Eight Months - January 6, 2014
BISMARCK - The North Dakota Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has fully capitalized the state's affordable housing development program only eight months after it was reauthorized.

Commission Appoints Kline to Head State Housing Finance Agency - December 30, 2013
BISMARCK - The Industrial Commission of North Dakota has appointed Jolene Kline as executive director of the North Dakota Housing Finance Agency (NDHFA).

Industrial Commission Approves Rule Changes Governing Oil Industry - December 19, 2013
BISMARCK - The North Dakota Industrial Commission today approved rule changes that increase pipeline regulations and reporting requirements, and provide surface owner protections regarding tanks and flare stacks.

Lignite Development Houses Essential Service Workers - December 18, 2013
LIGNITE, ND - A 28-unit apartment complex in Lignite, ND, is providing affordable housing for local school district employees and border patrol agents.

Pride Housing Development Will Offer Independent Living - December 17, 2013
BISMARCK, ND - Pride Inc., Mountain Plains Equity Group (MPEG) and North Dakota Housing Finance Agency (NDHFA) co-hosted a construction celebration on Tuesday morning to mark the development of an apartment complex that will allow disabled residents to lead a more independent life.

Housing Program Plan Approved, Development Support Available - November 18, 2013
BISMARCK, ND - More than $2.6 million in federal tax credits are available to support the development of multifamily housing for low income households.

Gate City Bank Contributes $3 million to Housing Incentive Fund - November 15, 2013
FARGO, ND - Gate City Bank President Steve Swiontek and Executive Vice President and Director of Lending Kevin Hanson presented Gov. Jack Dalrymple and North Dakota Housing Finance Agency Executive Director Jolene Kline with a $3 million North Dakota Housing Incentive Fund (HIF) contribution today.

Comments from the Industrial Commission in the Matter of Establishing an Updated 2013 Estimate of the Costs of Future Carbon Dioxide on Electricity Generation - November 14, 2013

Fund Spurs Affordable Housing Development Across North Dakota - November 12, 2013
BISMARCK, ND - Sixteen projects that will help create 440 new housing units across the state are slated to receive more than $16.5 million from the North Dakota Housing Incentive Fund (HIF).

Comments from the Industrial Commission in the Matter of the Investigation into Environmental and Socioeconomic Costs under Minnesota Statute - November 7, 2013

Development Will Provide Affordable Housing for Medical Personnel in Williston - October 24, 2013
WILLISTON, ND -Gov. Jack Dalrymple and representatives from Mercy Medical Center and the North Dakota Housing Finance Agency (NDHFA) today celebrated the completion of Mercy Heights Apartments, a new complex in Williston that will provide affordable housing for medical personnel.

WSC Foundation Apartments House Essential Service Workers - October 24, 2013
WILLISTON, ND - The Williston State College (WSC) Foundation today celebrated the successful completion of the first phase of the WSC Foundation Apartments, a 74-unit complex that houses essential service workers including WSC, state, city and school district employees, and Bethel Lutheran staff.

Long-Awaited Senior Housing Development Breaks Ground - October 10, 2013
FARGO, ND - A long-awaited senior housing project has broken ground in southwest Fargo.

Development Will Add More Affordable Senior Apartments - September 5, 2013
WILLISTON, ND - More area seniors will soon be able to make the Williston Senior Apartment Homes their home.

Housing Project Completed, New Housing Project Begins - September 4, 2013
DICKINSON, ND - Beyond Shelter, Inc. (BSI) and the North Dakota Housing Finance Agency (NDHFA) marked the successful completion of one housing development in Dickinson today and broke ground on a new project.

S&P Affirms Credit Ratings for Bank of North Dakota - August 21, 2013
BISMARCK - Standard & Poor's (S&P) affirmed Bank of North Dakota's (BND) credit ratings in its review of the bank released last month.

Agency Selects Projects Addressing Critical Housing Needs - August 12, 2013
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) has committed more than $20 million from the Housing Incentive Fund (HIF) to 18 projects across the state.

Successful Affordable Townhome Project Will Be Repeated - August 8, 2013
Minot - The successful completion of the first phase of Washington Townhomes was celebrated today in conjunction with the groundbreaking for another 32 affordable housing units.

North Dakota Mill Profits Increase 48 Percent - July 30, 2013
BISMARCK - The North Dakota Mill today reported profits of $11.9 million for fiscal year 2013, a 48 percent increase over the $8.0 million in profits for fiscal year 2012.

Industrial Commission's Supplemental Comments on Bureau of Land Management's Oil and Gas Hydraulic Fracturing on Federal and Indian Lands Proposed Rules - July 30, 2013

Industrial Commission Recommends Changes in Draft Hydraulic Fracturing Rule - June 4, 2013
BISMARCK - The North Dakota Industrial Commission says a proposed federal rule on hydraulic fracturing contains provisions that will impose major costs and delay much-needed funding for western North Dakota communities.
Industrial Commission's Comments on Bureau of Land Management's Oil and Gas Hydraulic Fracturing on Federal and Indian Lands Proposed Rules

Helping HAND Supports Local Housing Programs - May 28, 2013
BISMARCK - The North Dakota Industrial Commission has authorized the North Dakota Housing Finance Agency (NDHFA) to distribute more than $225,000 to organizations statewide through the Helping Housing Across North Dakota (Helping HAND) program.

Housing Incentive Fund ready to Accept Applications and Contributions - May 28, 2013
BISMARCK - The Industrial Commission today approved the biennial allocation plan for the state's Housing Incentive Fund (HIF), allowing the North Dakota Housing Finance Agency (NDHFA) to accept applications from multifamily housing developers and contributions from taxpayers.

Dickinson Trucker Sentenced in Illegal Dumping Case - May 28, 2013
BISMARCK - A North Dakota truck driver, caught on surveillance footage, was sentenced Tuesday to one year in jail for illegally dumping salt water at a disposal well location.

BND Records Ninth Consecutive Year of Record Profits Annual Report Details Strong Business Support - April 23, 2013
BISMARCK - The newly-released 2012 annual report of Bank of North Dakota (BND) shows a ninth consecutive year of record profits with $81 million in net earnings.

Housing Agency Allocates Federal Tax Credits - March 11, 2013
BISMARCK, ND - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has made conditional commitments to five multifamily housing developers for $2.61 million in federal Low Income Housing Tax Credits (LIHTC).

Agency Recognizes Champions of Affordable Housing - February 11, 2013
BISMARCK, ND - The North Dakota Housing Finance Agency (NDHFA) recognized several lending partners and housing advocates as Champions of Affordable Housing at the 22nd Annual Statewide Housing Conference on Feb. 7.

New Export Enhancement Program expected to increase state's exports - February 4, 2013
BISMARCK - The Industrial Commission has approved a new financing tool to help North Dakota companies increase export sales, while minimizing risk for the company and local lenders.

North Dakota Housing Incentive Fund Capitalized - January 2, 2013
BISMARCK - The Industrial Commission of North Dakota has reported that more than 600 private investors have successfully capitalized the $15 million state Housing Incentive Fund (HIF).

Bank of North Dakota expands DEAL Student Loan Consolidation program - December 13, 2012
BISMARCK - Bank of North Dakota (BND) announced several enhancements to its DEAL Consolidation Program that will help North Dakota families take advantage of today's low interest rates.

New mapping tool helps road planning in oil country communities - December 13, 2012
BISMARCK - The North Dakota Department of Mineral Resources has developed a new mapping tool to help community leaders plan for road maintenance, dust control and other traffic-related problems in oil country.

WPX Energy Contributes $100,000 to North Dakota Housing Incentive Fund - December 11, 2012
BISMARCK, ND - Gov. Jack Dalrymple and representatives from WPX Energy today announced the energy exploration and production company's $100,000 contribution to the North Dakota Housing Incentive Fund (HIF), a fund established to assist in the development of affordable housing across the state.

Conversion of Former Williston Junior High to Senior Apartments Begins - November 27, 2012
WILLISTON, ND - Lutheran Social Services Housing, Enterprise Community Investment, Inc. and the North Dakota Housing Finance Agency (NDHFA) hosted a ceremonial ground breaking at the former Williston Junior High School, 612 1st Avenue West, on Tuesday.

Electrical Demand Expected to Nearly Triple in the 22 North Dakota Counties According to Results Discovered in Electrical Load Growth Study - October 23, 2012
BISMARCK, ND - The North Dakota Industrial Commission, acting as the North Dakota Transmission Authority, today received the results of an Electrical Load Growth Study which showed the need for nearly three times the current electric load over the next 20 years.

Additional $1.1 Million Earmarked for Law Enforcement Housing - October 22, 2012
BISMARCK, ND - The North Dakota Housing Finance Agency (NDHFA) has approved an additional $1.1 million to support new housing for local law enforcement personnel in western North Dakota.

Final Housing Incentive Fund Projects Selected - October 17, 2012
BISMARCK, ND - The North Dakota Housing Finance Agency (NDHFA) has pledged the balance of its available Housing Incentive Fund (HIF) credit authority to three projects.

WSC Foundation to Provide Housing for Essential Services Employees - Gate City Bank Contribution Supports Williston Project, Other Development - October 4, 2012
WILLISTON, ND - The Williston State College (WSC) Foundation broke ground today on a 74-unit housing project that will offer affordable housing to personnel that provide essential community services - nurses, teachers, public works, etc.

S&P Affirms Credit Ratings for Bank of North Dakota - October 2, 2012
BISMARCK, ND - One of the nation's leading credit rating companies has recently affirmed the higher credit ratings it assigned the Bank of North Dakota (BND) last year.

Housing Needs Outlined in Report - September 25, 2012
BISMARCK, ND - The North Dakota Housing Finance Agency (NDHFA) presented the Statewide Housing Needs Assessment, which projects significant population growth and increased demand for housing through 2025, to the North Dakota Industrial Commission at Monday's meeting.

Industrial Commission Approves $4 Million Funding for Public-Private Partnership to Support Geology and Geological Engineering Education and Research at UND's College of Engineering and Mines - September 24, 2012


Lutheran Social Services to Create Housing Neighborhood - September 13, 2012
WATFORD CITY, ND - Lutheran Social Services Housing broke ground today on its Prairie Heights development in Watford City, beginning a process that will create a walkable neighborhood that offers affordable rental housing, green space and reserved space for a child care facility which will be developed later.

BND Provides Disaster Relief Loans for Farmers and Ranchers - September 13, 2012
BISMARCK, ND - North Dakota farmers and ranchers impacted by the dry weather conditions can replenish working capital, lower their interest rate or reamortize loan terms with low interest, disaster relief loans now available through Bank of North Dakota (BND) in partnership with local financial institutions.

New Resources for North Dakotans Planning for College Announced - September 5, 2012
BISMARCK, ND - Bank of North Dakota announced two new efforts to help North Dakotans prepare for college: the College Planning Center and the Real DEAL Scholarship.

Housing Agency Commits to Six More Incentive Fund Projects - August 16, 2012
BISMARCK, ND - The North Dakota Housing Finance Agency (NDHFA) has pledged $4.25 million to six new Housing Incentive Fund (HIF) projects.

Affordable Townhomes Coming To Minot - August 14, 2012
MINOT, ND - Work to construct 32 units of affordable housing kicked off today with a groundbreaking for Washington Townhomes.

Ground Broken for Dickinson Affordable Housing Law Enforcement Housing Projects Named - August 6, 2012
DICKINSON, ND - Beyond Shelter, Inc. (BSI) and the North Dakota Housing Finance Agency (NDHFA) co-hosted a ground breaking today, for Patterson Heights Apartments.

Industrial Commission Files Largest Civil and Criminal Complaints - July 18, 2012
BISMARCK - The North Dakota Industrial Commission today announced the filing of a civil complaint against Halek Operating ND, LLC and a criminal complaint against Nathan Garber of Executive Drilling, LLC.

First North Dakota Housing Incentive Fund Project Completed - July 13, 2012
CROSBY, ND - The Divide County Economic Development Council (DCEDC)/NW Holdings LLC will host an open house at its recently completed 12-plex on Tuesday, July 24, at 1:15 p.m. While the apartment building has yet to be named, it already holds the distinction of being the first affordable housing project in North Dakota supported by state tax dollars.

Industrial Commission Comments on the Environmental Protection Agency (EPA) Permitting Guidance for Oil and Gas Hydraulic Fracturing Activities Using Diesel Fuels - Draft - June 25, 2012

Industrial Commission Comments on the Bureau of Land Management's (BLM) Rule to Regulate Hydraulic Fracturing on Public Land and Indian Land - June 25, 2012

Taxpayer Support Needed for Affordable Rental Projects - May 31, 2012
Bismarck - The North Dakota Housing Finance Agency (NDHFA) has conditionally committed $6.3 million for nine multi-family housing projects with a total of 254 units in seven cities if sufficient taxpayer support is received through the state's Housing Incentive Fund (HIF).

Norway Agenda - May 30, 2012
Bismarck - The Industrial Commission of North Dakota has authorized the North Dakota Housing Finance Agency (NDHFA) to increase the maximum guarantee under the Rural Construction Loan Guarantee Program that assists development in rural communities with a population of less than 5,000.

Industrial Commission members to see Norway energy efforts - May 30, 2012
Bismarck - Two members of the North Dakota Industrial Commission - Agriculture Commissioner Dog Goehring and Attorney General Wayne Stenehjem - are members of the North Dakota delegation visiting Norway, June 2-9, with the intention of fostering a relationship in energy development, technology and investment.

Rural Construction Loan Guarantee Limits Increased - May 22, 2012
Bismarck - The Industrial Commission of North Dakota has authorized the North Dakota Housing Finance Agency (NDHFA) to increase the maximum guarantee under the Rural Construction Loan Guarantee Program that assists development in rural communities with a population of less than 5,000.

North Dakota Mill Achieves ISO 22000 Certification - May 22, 2012
Bismarck - The North Dakota Industrial Commission congratulated the North Dakota Mill staff on being awarded ISO 22000 and ISO 9001 Management System Certifications by SRI Quality System Registrar.

First-Time Homebuyer Loan Purchase Price Limit Increased - May 21, 2012
Bismarck, ND - Rising home costs have prompted the Industrial Commission to increase the maximum loan purchase price allowed by North Dakota Housing Finance Agency (NDHFA) homeownership programs.

Bank of North Dakota Records Eighth Year of Record Profits - April 19, 2012
Bismarck, ND - Bank of North Dakota (BND) has recorded an eighth consecutive year of record profits with just over $70 million in net earnings.

Housing Agency Provides Helping HAND - April 19, 2012
Bismarck, ND - The Industrial Commission has authorized the North Dakota Housing Finance Agency (HFA) to distribute more than $200,000 to community organizations across the state through the Helping Housing Across North Dakota (Helping HAND) program.

Popular Rural Mortgage Loan Program Extended - March 22, 2012
Bismarck, ND - The popular Rural Mortgage Loan Program instituted on January 1, 2010 will continue with a new commitment of $10 million from Bank of North Dakota.

Housing Agency Allocates Federal Tax Credits - March 21, 2012
Bismarck, ND - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments to four multifamily housing developers for $2.1 million in federal Low Income Housing Tax Credits (LIHTC).

Mercer County Included in Housing Incentive Fund Set-Aside - March 20, 2012
Bismarck, ND - Affordable housing development in Mercer County is now a Housing Incentive Fund (HIF) priority.

Bank of North Dakota Announces Pilot Program to Address Affordable Housing Needs - March 20, 2012
Bismarck, ND - Bank of North Dakota (BND) is announcing a pilot program that will support community efforts to build affordable housing in oil country.

Industrial Commission comments to the Minnesota Pollution Control Agency and the Minnesota Department of Commerce, Division of Energy Resources regarding their recommendation to the Minnesota Public Utilities Commission for the range of cost estimates for the future cost of carbon dioxide regulation on electricity generation - March 8, 2012

Housing Agency Allocates Incentive Dollars; Seeks Continued Support - March 7, 2012
Bismarck, ND - Taxpayer contributions to the North Dakota Housing Incentive Fund (HF) are being put to work.

Industrial Commission Approves Funding for CO2 Research Program - February 15, 2012
Bismarck - The North Dakota Industrial Commission voted unanimously Tuesday to study the feasibility of using carbon dioxide to increase oil production from North Dakota wells.

Rebuilders Loan Program Approving Applications at a High Rate - January 24, 2012
Bismarck - The Bank of North Dakota (BND) has approved or conditionally approved approximately 98 percent of the Rebuilder's Loan program applications received from owners of flood-damaged homes, as of Jan. 20.

Industrial Commission OKs rule changes governing oil industry - January 23, 2012
Bismarck - The North Dakota Industrial Commission today approved rule changes that increase oversight of the oil development industry, provide for greater transparency over the drilling process and enhance environmental protections.

FirstHome Program Income Limits Increased Statewide - January 5, 2012
Bismarck - The Industrial Commission has increased the maximum income limits for the North Dakota Housing Finance Agency's (NDHFA) popular FirstHome™ program.

Commission Approves Affordable Housing Development Plan - January 3, 2012
Bismarck - The Industrial Commission of North Dakota has approved the 2012 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan.

S&P Raises Credit Ratings for Bank of North Dakota - December 20, 2011
Bismarck - Standard & Poor's Ratings Services (S&P) has raised Bank of North Dakota's (BND) long-term issuer credit rating from A+ to AA- and its short-term issuer credit rating from A-1 to A-1+.

Housing Dollars Directed to Energy and Disaster Needs Tax Payers Encouraged to Contribute to Fund - November 22, 2011
Bismarck - The state will direct more than $13 million of its housing incentive fund credit authority to disaster and energy impacted communities.

Industrial Commission Approves Rebuilders Loan Guidelines - November 21, 2011
Bismarck - The North Dakota Industrial Commission today approved guidelines for a Rebuilders Loan program to help owners of homes damaged in the 2011 floods in Barnes, Benson, Burleigh, McHenry, Morton, Ramsey, Renville, Richland and Ward counties.

Grants Available to Make Housing Accessible - November 21, 2011
Bismarck - Grants are available from the North Dakota Housing Finance Agency (NDHFA) to renovate properties occupied by people with physical disabilities.

Popular Housing Survey Program Continued - November 21, 2011
Bismarck - The North Dakota Housing Finance Agency (NDHFA) will continue to fund a popular cost-share program that encourages rural communities to conduct a needs analysis before undertaking any new housing projects.

Natural Gas Capture Capabilities Continue to Improve as Oil Development Expands - November 16, 2011
Bismarck - The Industrial Commission has told the state's congressional delegation that by year end 2012 natural gas processing capacity in North Dakota is expected to increase 389 percent since 2006.

ND Congressional Communication on Natural Gas Flaring - November 11, 2011

Industrial Commission Urges EPA to Back Off on Fracking Regulations - November 16, 2011
Bismarck - The North Dakota Industrial Commission has told the Environmental Protection Agency that federal oversight of hydraulic fracturing is unnecessary because the state already has rules and programs in place to regulate the process.

Industrial Commission Letter to EPA - November 11, 2011

Industrial Commission Supports Litigation to Stop EPA Regulation - Commission may ask for Contingency Funds during Special Session - November 1, 2011
When this press release originally appeared on November 1, 2011 it erroneously stated the number of .008 rather than .088 in the next to last paragraph.
BISMARCK - The Industrial Commission, at their October 28 meeting, stated their support for a possible lawsuit against the Environmental Protection Agency (EPA) and its attempt to regulate hydraulic fracturing on a national basis.

Tax Credits Will Provide Affordable Housing In Minot - October 13, 2011
MINOT - The North Dakota Housing Finance Agency (NDHFA) has advanced $599,966 in low income housing tax credits (LIHTC) to CommunityWorks North Dakota and its partner, MetroPlains, LLC.

Industrial Commission Supports Keystone XL Pipeline - September 27, 2011
Bismarck - The North Dakota Industrial Commission is asking Secretary of State Hillary Clinton to approve construction of the TransCanada Keystone XL pipeline that could carry more than 100,000 barrels of Williston Basin oil to major downstream markets.

Keystone XL Letter of Support - September 27, 2011

Tax Credits Advanced for Affordable Housing in Minot - August 26, 2011
BISMARCK - As a part of the state's flood recovery efforts, the Industrial Commission of North Dakota has approved a plan by the North Dakota Housing Finance Agency (NDHFA) to make an advance commitment of up to $650,000 of its 2012 low income housing tax credits (LIHTC) to build or buy and rehabilitate rental units for lower-income households in flood-ravaged Minot.

Housing Incentive Fund Seeking Projects - August 24, 2011
BISMARCK - The Industrial Commission of North Dakota cleared the way for a new program to build multifamily rental units in the state by approving the annual allocation plan for the Housing Incentive Fund.

North Dakota Mill has Another Year of Record Profits - August 18, 2011
BISMARCK - The North Dakota Mill today reported record profits of $16.09 million for fiscal year 2011, an increase of 22 percent over the previous record of $13.18 million set in fiscal year 2010.

Limits Increased for FirstHome Program Income - June 20, 2011
BISMARCK - The Industrial Commission of North Dakota has approved increases in the maximum income limits for the North Dakota Housing Finance Agency's (NDHFA) FirstHome™ program.

New BND Loan Programs Reach Out to Weather-Affected Businesses, Farmers - June 17, 2011
BISMARCK - Bank of North Dakota (BND) has implemented new, low-interest, disaster relief loan programs to help businesses and agricultural producers impacted by 2011 weather-related events.

State to Offer Loans to Political Subdivisions Impacted by Weather - June 17, 2011
BISMARCK - The North Dakota Public Finance Agency (PFA) has partnered with the Bank of North Dakota (BND) to offer low-interest, disaster loans to political subdivisions impacted by 2011 weather and flooding.

North Dakota Enhances Oil Field Oversight - May 19, 2011
BISMARCK - With additional staffing requested by Gov. Jack Dalrymple and authorized by the 2011 Legislature, North Dakota will become one of the nation's top 10 states in regulatory oversight of its oil and gas industry within six months.

North Dakota Newborns to Receive $100 in College Savings - May 18, 2011
BISMARCK - The Industrial Commission announced today a new program designed to assist families with infants one-year-old and younger in saving for college.

Williston Basin Petroleum Conference - April 29, 2011
BISMARCK - Williston Basin Petroleum Conference in Regina, Saskatchewan, Canada.

Industrial Commission Backs State Regulation of Fracturing - April 20, 2011
BISMARCK - Members of North Dakota's Industrial Commission have endorsed state rather than federal oversight and regulation of hydraulic fracturing operations in the state's oil fields.

Seventh Year of Record Growth for BND - April 20, 2011
BISMARCK - Net earnings of Bank of North Dakota (BND) increased by nearly $4 million to $61.9 million in 2010, marking a seventh consecutive year of record profits.

Affordable Housing Developments Planned - April 20, 2011
BISMARCK - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.9 million in Low Income Housing Tax Credits (LIHTC) for construction or rehabilitation of 258 affordable housing units.

Housing Agency Provides Support - April 20, 2011
BISMARCK - The Industrial Commission today approved distribution of more than $200,000 by the North Dakota Housing Finance Agency (NDHFA) through the Helping Housing Across North Dakota (Helping HAND) program.

Tax Credits Available to Housing Developers - December 28, 2010
BISMARCK, ND - The Industrial Commission of North Dakota has approved the 2011 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan, making more than $2.4 million worth of federal tax credits available to developers of affordable housing.

Four Renewable Energy Projects Explore New Technologies - December 28, 2010
BISMARCK, ND - The North Dakota Industrial Commission announced today the completion of four renewable energy projects funded with grants from the North Dakota Renewable Energy Program.

New Program Available for Low Income ND High School Students - December 14, 2010
BISMARCK- Low-income high school juniors and seniors can get help in paying for dual credit courses through the new North Dakota College Access Network (NDCAN), administered by Bank of North Dakota (BND).

Crude Oil Transporters Stepping Up To The Challenge Of Rising Production From The Bakken - September 10, 2010
BISMARCK- During the past three years, crude oil transporters in the Williston Basin have made tremendous progress expanding infrastructure to meet growing production, resulting this year in enough pipeline and rail capacity to accommodate all current regional production, according to Justin Kringstad, Director of the North Dakota Pipeline Authority.

Funding Approved for Housing Market Surveys - September 8, 2010
BISMARCK- The Industrial Commission has authorized the North Dakota Housing Finance Agency (NDHFA) to spend $50,000 in reserves for a Housing Market Survey Grant program.

Grants Available to Make Housing Accessible - September 8, 2010
BISMARCK- The Industrial Commission of North Dakota has approved $50,000 in grants to renovate properties occupied by low-income people with physical disabilities.

North Dakota Mill Reports Record Profits - July 30, 2010
BISMARCK- The North Dakota Mill today reported record profits of $13.18 million for fiscal year 2010, more than double the previous record of $6.2 million set in fiscal year 2006.

FirstHome Program Income Limits Increased - July 1, 2010
BISMARCK- The Industrial Commission of North Dakota has approved an increase in the income limits for the North Dakota Housing Finance Agency's (NDHFA) FirstHome™ program.

N.D. Three Forks Study Points To Enhanced Bakken Sustainability - April 29, 2010
BISMARCK, N.D. - Gov. John Hoeven, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring today announced the results of a state study requested by the N.D. Industrial Commission evaluating oil reserves in the Three Forks Formation in western North Dakota.

Bank of North Dakota Observes Milestones in 90th Year - April 22, 2010
Bank of North Dakota (BND) observed its 90th Anniversary in conjunction with record growth and profits in 2009.

$1.1 Million in Grants Supports New Renewable Energy Projects - April 22, 2010
BISMARCK - The North Dakota Industrial Commission has approved $1.1 million in research and development grants for four renewable energy projects.

Developer Demand For Tax Credits Is High - April 19, 2010
BISMARCK - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.4 million in Low Income Housing Tax Credits (LIHTC) to support the construction or rehabilitation of 177 housing units.

Rural Housing Investment Incentive Projects Selected - March 29, 2010
BISMARCK - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has selected seven projects for a demonstration program.

Commission Approves Helping Hand Grants - March 29, 2010
BISMARCK - The Industrial Commission of North Dakota has approved the distribution of nearly $450,000 in grants to nonprofit organizations statewide through the North Dakota Housing Finance Agency's (NDHFA) Helping Housing Across North Dakota (Helping HAND) program.

Agency Recognizes Housing Champions - March 1, 2010
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recognized four lenders and two advocates as Champions of Affordable Housing at the 2010 Statewide Housing Conference.

Tax Credits Available to Developers of Low Income Housing - December 30, 2009
BISMARCK - The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year.

BND and HFA team up to help rural financial institutions - December 18, 2009
BISMARCK - Bank of North Dakota (BND) and the North Dakota Housing Finance Agency (NDHFA) are jointly offering a $10 million Rural Housing Mortgage Loan Program, effective Jan. 1, 2010.

Industrial Commission Approves Rural Housing Incentive - December 17, 2009
The Industrial Commission of North Dakota has approved a Rural Housing Investment Incentive Pilot Program to help rural communities attract developers, make housing affordable, and bridge the financial gap between construction costs and property value.

NDIC Appoints Mike Jones as Lignite R&D Director - October 30, 2009
The North Dakota Industrial Commission (NDIC) has appointed Mike Jones as research, development and marketing director for the Lignite Energy Council and technical representative to the commission.

Federal Housing Stabilization Funds Released - October 30, 2009
Bismarck - The North Dakota Housing Finance Agency (NDHFA) has awarded more than $6.5 million to cities and non-profit organizations through the federal Neighborhood Stabilization Program (NSP).

Tax Credits Awarded for Affordable Housing Development - September 18, 2009
Bismarck - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.7 million in Low Income Housing Tax Credits (LIHTC) to support construction or rehabilitation of 266 housing units.

Housing Market Survey Grants Available - September 10, 2009
Bismarck - The Industrial Commission has approved $50,000 of additional funding for the North Dakota Housing Finance Agency's (NDHFA) Housing Market Survey Grant program.

Incentives Promote Natural Gas Gathering Systems - August 28, 2009
Bismarck - North Dakota is implementing incentives to promote the building of new gathering systems to keep up with increased oil and natural gas production.

Industrial Commission submits comments to Minnesota Public Utilities Commission regarding the Estimated Costs of Future Carbon Dioxide Regulation on Electricity Generation - April 29, 2009

Feasibility Study Backs North Route for Oil Pipeline - April 21, 2009
BISMARCK - A new 169-mile pipeline system running north into Canada has been recommended as the preferred means of transporting crude oil from west-central North Dakota to one of two TransCanada/Keystone transmission pipelines.

Bank of North Dakota Provides Disaster Relief Loan Program to Combat Weather Related Events - April 21, 2009
BISMARCK - Bank of North Dakota (BND) will provide a low interest rate disaster relief program for North Dakota farmers and ranchers impacted by recent weather events.

Bank of North Dakota Experiences Steady Growth - April 16, 2009
BISMARCK - Bank of North Dakota (BND) recorded record profits in 2008, while much of the nation experienced financial setbacks.

Industrial Commission Approves Income Limits Increase - April 16, 2009
BISMARCK - The Industrial Commission of North Dakota has approved an increase in the income limits for the North Dakota Housing Finance Agency's (NDHFA) mortgage loan programs for first-time homebuyers and special needs households.

BND to Save Student Loan Borrowers Millions of Dollars - Bank lowers interest rates on DEAL Loans - April 3, 2009
BISMARCK - Effective April 1, 2009 Bank of North Dakota (BND) lowered interest rates to 6 percent on existing, fixed interest rate Dakota Education Alternative Loan (DEAL) loans for North Dakota residents.

Commission Approves Helping Hand Grant Allocation - April 3, 2009
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) will distribute $450,000 in grants through the Helping Housing Across North Dakota Helping HAND) program.

Agency Recognizes Affordable Housing Champions - March 9, 2009
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recognized five lenders and two advocates as Champions of Affordable Housing during the 2009 Statewide Housing Conference.

Industrial Commission Approves Funding for Pipeline Interconnect Study - January 21, 2009
Bismarck - The North Dakota Industrial Commission today awarded a $89,750 contract to two companies - Kadrmas, Lee, & Jackson and Rooney Engineering, Inc. - for a feasibility study on constructing a pipeline to connect with one of TransCanada's Keystone pipelines.

Bank of North Dakota Lowers Interest Rates on Alternative Loan - January 21, 2009
Bismarck - Bank of North Dakota has announced that Dakota Education alternative Loan (DEAL) borrowers can now choose between a fixed rate of 5.99 percent or a variable rate of 2.96 percent.

Industrial Commission submits comments to Minnesota Office of Energy Security regarding the Estimated Costs of Future Carbon Dioxide Regulation on Electricity Generation - January 12, 2009

State partners with Basin Electric on CO2 capture demonstration project - December 12, 2008
The North Dakota Industrial Commission has agreed to invest $2.7 million in a $5.4 million "CO2 Capture Demonstration Project" project as part of its Lignite Research, Development and Marketing Program. The other partner in the six-month project is Basin Electric Power Cooperative.

Industrial Commission backs legislation on CO2 storage - December 9, 2008
BISMARCK - The North Dakota Industrial Commission is supporting legislation to establish a framework for regulating the long-term geologic storage of carbon dioxide and to provide that surface owners will own the underground space in which the carbon dioxide is stored.

Agency Offers Tax Credits in Exchange For Housing Development - December 9, 2008
BISMARCK - More than $2.4 million worth of federal tax credits will be available to support affordable housing development in 2009 through the low Income Housing Tax Credit (LIHTC) program, administered by the North Dakota Housing Finance Agency (NDHFA).

Real Estate Agents Recognized By Housing Finance Agency - September 22, 2008
MINOT, ND - The North Dakota Housing Finance Agency (NDHFA) honored six real estate agents with Champion of Affordable HOusing Awards during the 2008 North Dakota/South Dakota REALTORS® Convention.

Industrial Commission Approves Three Renewable Energy Grants - August 4, 2008
BISMARCK - The North Dakota Industrial Commission has approved three Renewable Energy Program grants for research projects at the Energy & Environmental Research Center (EERC) in Grand Forks.

Kringstad Named ND Pipeline Authority Director - August 1, 2008
BISMARCK - The North Dakota Industrial Commission (NDIC) today named Justin J. Kringstad as director of the North Dakota Pipeline Authority.

Rehab Accessibility Funding Available to Assist Disabled - June 25, 2008
BISMARCK - The Industrial Commission approved the distribution of $100,000 in Rehab Accessibility Program (RAP) funds today.

Oil Production Breaks Historic High - June 13, 2008
BISMARCK, ND - North Dakota's monthly oil production hit a new record in April, reaching 150,578 barrels a day (BOPD).

Governor Hoeven Lauds 529 College Savings Day: A Time to Plan for the Higher Education of North Dakota's Children - May 29, 2008
BISMARCK - Gov. John Hoeven proclaimed today North Dakota's "529 College Savings Day" -- a day that signifies the importance of higher education to North Dakota families and their futures.

Westmoreland Coal Co. Withdraws From Lignite Vision 21 Program - May 20, 2008
BISMARCK - The North Dakota Industrial Commission announced today that Westmoreland Coal Company has withdrawn from the Lignite Vision 21 Program.

Bank of North Dakota's Net Earnings Increase - April 22, 2008
BISMARCK - Building upon its groundbreaking year in 2006, Bank of North Dakota (BND) exceeded performance expectations in 2007.

Commission Approves Distribution of Housing Grants - April 22, 2008
BISMARCK - The Industrial Commission of North Dakota has approved the distribution of up to $450,000 in grant funds through the North Dakota Housing Finance Agency's (NDHFA) Helping Housing Across North Dakota (Helping HAND) program.

Agency Allocates Tax Credits To Housing Developers - April 22, 2008
BISMARCK - The Industrial Commission announced today that conditional commitments for $2.3 million in Low Income Housing Tax Credits (LIHTC) have been granted by the North Dakota Housing Finance Agency (NDHFA).

Homeownership Program Income Limits Increased - March 26, 2008
BISMARCK - The Industrial Commission of North Dakota has approved increases in the income limits for the North Dakota Housing Finance Agency's (NDHFA) mortgage loan programs.

Bank of North Dakota Holds Grand Opening - March 7, 2008
BISMARCK - Bank of North Dakota celebrated its Grand Opening today in its new location at 1200 Memorial Highway in Bismarck.

State Agency Recognizes Affordable Housing Champions - February 25, 2008
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recognized five lenders and two housing advocates as Champions of Affordable Housing during their 2008 Statewide Housing Conference.

Loan Guarantees Available For Rural Housing Development - December 20, 2007
BISMARCK - The Industrial Commission of North Dakota has approved a pilot program of the North Dakota Housing Finance Agency (NDHFA) to provide loan guarantees to lenders who finance affordable single family housing construction in rural communities.

Tax Credits Available For Housing Development - December 20, 2007
BISMARCK - The North Dakota Industrial Commission has approved the 2008 Low Income Housing Tax Credit (LIHTC) Allocation Plan, making more than $2 million worth of tax credits available to developers.

Great Northern Power Development and Industrial Commission Announce Coal Gasification Project at South Heart - November 20, 2007
BISMARCK, N. D. - The North Dakota Industrial Commission and representatives from Great Northern Power Development, L. P. (GNPD) and Allied Syngas Corporation (Allied Syngas) today announced a $1.4 billion coal gasification project at South Heart to produce pipeline quality natural gas.

Industrial Commission Approves Renewable Energy Grant Program Guidelines - October 24, 2007
The North Dakota Industrial Commission, at a recent meeting, acted on the recommendations from the Renewable Energy Council regarding guidelines for a Renewable Energy Grant program.

Research Shows Economic Impact of Oil and Gas Industry - October 17, 2007
BISMARCK - A new study shows that North Dakota's oil and gas industry generated $3.9 billion in total business activity for 2005, making it one of the state's largest industries.

Real Estate Agents Recognized By Housing Finance Agency - September 18, 2007
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recently honored five local real estate agents with Champion of Affordable Housing Awards at the 2007 North Dakota/South Dakota REALTORS® Convention.

Bank of North Dakota Marks 40 Years of Student Loan Lending - August 8, 2007
BISMARCK - In 1967, Bank of North Dakota (BND) made the first federally insured student loan in the United States.

Tax Credits Allocated for Affordable Housing Development Projects - July 23, 2007
BISMARCK - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for more than $2 million in Low Income Housing Tax Credits (LIHTC) to support the construction or rehabilitation of more than 300 affordable rental units across North Dakota.

Industrial Commission/Pipeline Authority Comments on TransCanada Keystone Pipeline - June 27, 2007


Industrial Commission Continues Funding For Gascoyne Site - June 27, 2007
BISMARCK - The North Dakota Industrial Commission today authorized continued funding of $10 million to Westmoreland Power, Inc. for a 500-megawatt power plant near Gascoyne, after the other partner withdrew from the project.

Rehab Accessibility Program Funding Increased Grant Dollars Available To Retrofit Housing - June 27, 2007
BISMARCK - The Industrial Commission has approved a second major funding increase in less than a year for the North Dakota Housing Finance Agency (NDHFA) Rehab Accessibility Program (RAP).

New North Dakota Bill provides tax incentives through College SAVE - June 27, 2007
BISMARCK - Gov. John Hoeven recently signed into law an enhancement that allows for an in-state tax deduction and funding for a matching grant program on behalf of North Dakota families saving for college through North Dakota's 529 plan, College SAVE.

Bank of North Dakota Enhances DEAL Loan Program - June 22, 2007
BISMARCK - Bank of North Dakota (BND) has enhanced its Dakota Education Alternative Loan (DEAL) program by giving borrowers a choice between fixed or variable interest rates on loans disbursed on or after July 1, 2007.

North Dakota Pipeline Authority Supports Proposed Pipeline Expansion - June 15, 2007
BISMARCK - The State Industrial Commission today backed the proposed expansion of the Enbridge North Dakota Pipeline System.

Makelky Named ND Pipeline Authority Director - May 29, 2007
BISMARCK - The North Dakota Industrial Commission (NDIC) today named Mark J. Makelky as North Dakota Pipeline Authority Director.

Bank of North Dakota Reports Record-Breaking Year - April 19, 2007
BISMARCK - Bank of North Dakota (BND) performance exceeded expectations in 2006. Net bank earnings increased 18 percent to $42.9 million, up $6.4 million from 2005. BND's total assets in 2006 grew 13 percent to $2.33 billion.

Bank of North Dakota To Assist In Financing New Transmission Line - April 12, 2007
The North Dakota Industrial Commission announced today the approval of a loan to Basin Electric Power Cooperative for the building of a new electric transmission line.

Helping HAND Funding Increased, Grant Distribution Approved - March 20, 2007
BISMARCK - The Industrial Commission has approved a sizable funding increase for the North Dakota Housing Finance Agency (NDHFA) Helping Housing Across North Dakota (Helping HAND) Program.

North Dakota Housing Agency Recognizes Affordable Housing Champions - March 7, 2007
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recognized six of their housing partners as Champions of Affordable Housing at the 2007 Statewide Housing Conference.

HFA Awards First Market Survey Grant to City of Williston - March 7, 2007
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) presented the City of Williston with a $5,000 Housing Market Survey Grant during the Statewide Housing Conference.

Tax Credits Targeted To Rural, Elderly And Preservation Projects - February 22, 2007
BISMARCK - The Industrial Commission has approved the North Dakota Housing Finance Agency's (NDHFA) 2007 Low Income Housing Tax Credit (LIHTC) Allocation Plan.

Rehab Accessibility Program Grant Allocation Increased - December 15, 2006
BISMARCK - The Industrial Commission has approved a significant funding increase for the North Dakota Housing Finance Agency's (NDHFA) Rehab Accessibility Program (RAP).

Bank of North Dakota Makes Changes to Its Alternative Student Loan Program - December 7, 2006
BISMARCK - The Bank of North Dakota (BND) today announced that it has made changes to its Dakota Education Alternative Loan (DEAL), beginning in January 2007. The DEAL is a state loan program which provides additional financial support to students who are unable to obtain adequate funds through federal student aid programs.

Bank of North Dakota Reduces Fees, Selects Upromise as Plan Manager, Adds Vanguard Investment Option to College SAVE - November 9, 2006
BISMARCK - The Bank of North Dakota (BND) today announced that it has enhanced College SAVE, North Dakota's 529 college savings plan by lowering overall plan costs, changing the investment line-up to feature investments from The Vanguard Group, and linking to the free Upromise Rewards Service.

Tabor Named Acting ND Transmission Authority Director - October 19, 2006
BISMARCK - The North Dakota Industrial Commission (NDIC) today named Sandi Tabor as the Acting North Dakota Transmission Authority Director.

Agency to Offer Housing Development Loans to Rural Communities - October 19, 2006
BISMARCK - The Industrial Commission approved a new loan program today to help address the housing shortage that many rural North Dakota communities are experiencing.

Homeless Technical Assistance Grants Approved - October 19, 2006
BISMARCK - The Industrial Commission approved a technical assistance grant package today that will aid targeted communities and reservations in the development and implementation of plans to end homelessness.

North Dakota Industrial Commission approves Spirit Energy Power Plant Grant - September 26, 2006
BISMARCK - The North Dakota Industrial Commission recently approved a $2 million grant for development of the Spirit Energy Power Plant Project.

Real Estate Agents Recognized By Housing Finance Agency - September 22, 2006
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) honored six real estate agents with Champion of Affordable Housing Awards at the 2006 North Dakota/South Dakota REALTORS® Convention.

Housing Finance Agency Will Reimburse Tax - September 22, 2006
BISMARCK - The North Dakota Housing Finance Agency (NFHFA) has received approval from the Industrial Commission to offer reimbursement of the federal recapture tax to their FirstHome program users.

New Programs Benefit Rural Communities - September 22, 2006
BISMARCK - The North Dakota Industrial Commission has approved two new Housing Finance Agency programs for rural communities.

North Dakota's Probable Oil Reserves Over 660 Million Barrels - September 22, 2006
BISMARCK - North Dakota has total probable oil reserves of over 660 million barrels, according to a study released today by the State Industrial Commission.

Bakken Formation Reserve Estimates - July, 2006
Executive Summary and discussion.

State Mill and Elevator Reports Record Profits - August 16, 2006
Grand Forks - The North Dakota Mill today reported record profits of $6.2 million for fiscal year 2006, a seven percent increase over fiscal year 2005 earnings of $5.8 million.

Developers Granted Housing Credit Commitments - July 28, 2006
Bismarck - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for more than $2 million in low income housing tax credits(LIHTC).

North Dakota Industrial Commission Thanks Participants for Their Work on the FutureGen Facility Proposal - July 25, 2006
Bismarck - The North Dakota Industrial Commission today expressed their disappointment in the North Dakota site at Gascoyne not making the final list of projects to host the $1 billion FutureGen Facility.

Bank of North Dakota Provides Disaster Relief Loan Programs to Combat Drought Conditions - July 13, 2006
Bismarck - The Bank of North Dakota (BND) will provide low interest rate disaster relief programs for North Dakota farmers, ranchers and business owners impacted by recent extreme weather conditions.

Commission Approves Helping Hand Grant Distribution - June 9, 2006
Bismarck - The Industrial Commission of North Dakota has approved the distribution of $250,000 in grant funds through the North Dakota Housing Finance Agency's (NDHFA) Helping Housing Across North Dakota (Helping HAND) Program.

Rehab Accessibility Program Receives Funding - June 8, 2006
Bismarck - The Rehab Accessibility Program (RAP), offering grant dollars for the renovation of properties occupied by low-income people with physical disabilities, has received funding approval from the Industrial Commission.

North Dakota Mill Employee, Todd Peterson, Named 2006 Milling Operative of the Year - June 5, 2006
Bismarck, ND - The North Dakota Industrial Commission extends its congratulations to Todd Peterson, North Dakota State Mill, Grand Forks, North Dakota on receiving the 2006 Milling Operative of the Year Award at the recently held 110th International Association of Operative Millers Conference and Expo.

North Dakota Industrial Commission approves funding for front-end engineering and design study for proposed McLean County coal-to-liquids facility - May 22, 2006
BISMARCK - The North Dakota Industrial Commission today approved the Lignite Research Council's recommendation that up to $10 million be available from the state's Lignite Research, Development and Marketing Program to assist with a front-end engineering and design (FEED) process study as part of a plan to construct and operate a coal-to-liquids (CTL) plant in McLean County, North Dakota.

North Dakota's Proved Oil Reserves Over 550 Million Barrels - April 24, 2006
BISMARCK - North Dakota has total proved oil reserves of over 550 million barrels, according to a comprehensive study released by the State Industrial Commission.

Bank of North Dakota Continued to Grow in 2005 - April 20, 2006
BISMARCK - The Bank of North Dakota (BND) continued to grow last year, investing in the state and setting a new performance record.

Commission Wants More New North Dakotans to Take Root - April 20, 2006
BISMARCK - The Industrial Commission of North Dakota has relaxed the employment restrictions attached to North Dakota Roots, a homeownership incentive program administered by the North Dakota Housing Finance Agency (NDHFA).

First-Time Homebuyers Offered Greater Purchase Flexibility - March 31, 2006
BISMARCK - The Industrial Commission of North Dakota has approved an increase in the purchase price and income limits for several North Dakota Housing Finance Agency (NDHFA) mortgage loan programs, and opened up a purchase assistance program to higher income levels.

Housing Finance Agency Expands Homeownership Program - March 31, 2006
BISMARCK - The Industrial Commission of North Dakota has approved the expansion of the North Dakota Housing Finance Agency's (NDHFA) HomeAccess program to elderly and single-parent households. Previously, HomeAccess was limited to permanently disabled applicants.

BND Pays Origination Fees for Student Loans - February 22, 2006
BISMARCK - The Bank of North Dakota (BND) announced today it will pay the three percent origination fee for all Stafford loans obtained for the college academic year from July 1, 2006 to June 30, 2007.

Burgess Appointed Lignite Research, Development and Marketing Director - November 22, 2005
BISMARCK - The Industrial Commission has appointed Jeff Burgess as Research and Development Director for the Lignite Energy Council and Technical Representative to the Commission.

Mike Anderson Named Housing Finance Agency Executive Director - November 22, 2005
BISMARCK - The Industrial Commission today named Michael A. Anderson as Executive Director of the North Dakota Housing Finance Agency (NDHFA).

2005 Agency Reports Record Housing Credit Allocation - October 24, 2005
BISMARCK - The Industrial Commission announced today that conditional commitments have been granted for more than $3 million in Low Income Housing Tax Credits(LIHTC).

2005 Housing Agency Honors Real Estate Brokers and Agents - September 16, 2005
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) presented Champion of Affordable Housing Awards to four local real estate agents and brokers at the 2005 North Dakota/South Dakota REALTORS® Convention.

2005 State Mill and Elevator Reports Record Profits - August 23, 2005
GRAND FORKS - The North Dakota Mill today reported record profits of $5.8 million for fiscal year 2005, a three percent increase over fiscal year 2004 earnings of $5.6 million.

2005 Moody's Investors Service Upgrades Housing Program Bond Rating - August 11, 2005
BISMARCK - The Industrial Commission announced today that Moody's Investors Service has upgraded the North Dakota Housing Finance Agency's (NDHFA) Housing Finance Program Bonds to an Aa1 rating.

2005 Housing Finance Agency Advisory Board Chairman, Vice Chairman Named - August 11, 2005
BISMARCK - The North Dakota Industrial Commission has reappointed Gerald Eid of Fargo as Chairman of the North Dakota Housing Finance Agency (NDHFA) Advisory Board, and has selected Ron Jordan, also of Fargo, as vice chairman.

2005 Industrial Commission approves new BND loans for feedlots and businesses - July 27, 2005
BISMARCK - The Industrial Commission has approved new Bank of North Dakota (BND) loan programs for promoting cattle feeding and handling livestock waste in addition to business PACE loans.

2005 Housing Rehab Program Grant Dollars Available - June 29, 2005
BISMARCK - The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has $25,000 in Rehab Assistance Program (RAP) funds available for single or multifamily properties occupied by low-income people with physical disabilities.

2005 Helping Hand Grant Dollars Approved for Distribution - June 29, 2005
BISMARCK - The North Dakota Industrial Commission has approved $250,000 in grants though the North Dakota Housing Finance Agency's (NDHFA) Helping Housing Across North Dakota (Helping HAND) Program.

2005 BND Creates Disaster Relief Loan Programs for Victims of Recent Weather Related Events - June 24, 2005
BISMARCK - The Bank of North Dakota (BND) has created low interest rate disaster relief loan programs for North Dakota residents impacted by the recent weather related events.

2005 Housing Finance Agency Executive Director Search Committee Named - June 22, 2005
The North Dakota Industrial Commission has appointed a five-person committee to find a successor for Pat S. Fricke, who retires Sept. 1 as Housing Finance Agency executive director.

Geological Survey Releases "Prehistoric Life Of North Dakota" Poster - May 24, 2005
BISMARCK - Every school in North Dakota has received a new, full color poster depicting dinosaurs and other prehistoric animals that once lived in the state.

Bank of North Dakota Reports Record Profits in 2004 - April 20, 2005
BISMARCK - The Bank of North Dakota (BND) realized a record year for profitability in 2004, with net bank earnings of $34.2 million, an increase of eight percent from $31.7 million in 2003. Loans grew by $65 million or 4.6 percent pushing total assets to $2.01 billion.

Housing Agency Launches Homeownership Initiative for Disabled - March 17, 2005
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) has received approval from the state's Industrial Commission to launch a homeownership initiative called HomeAccess that will provide low-interest mortgage loans to disabled individuals and their families.

NDHFA Recognizes Champions of Affordable Housing - 2005 - March 17, 2005
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recognized six housing partners as Champions of Affordable Housing at the 2005 Statewide Housing Conference.

Commission Increases Program limits for First-Time Buyers - March 8, 2005
BISMARCK - The Industrial Commission of North Dakota has increased the purchase price and income limits for the North Dakota Housing Finance Agency's (NDHFA) FirstHome, Start and HomeKey mortgage loan programs.

Credits Available for Affordable Rental Housing Development - March 8, 2005
BISMARCK - The Industrial Commission of North Dakota has approved the 2005 Low Income Housing Tax Credit (LIHTC) Allocation Plan, making more than $2 million in housing credits available.

Bank of North Dakota Receives Royalties on Technology - January 3, 2005
BISMARCK - The Bank of North Dakota (BND) has earned $650,000 in royalties for use of its proprietary software used to guarantee student loans. The Priority Guaranty System (PGS) software owned by BND was jointly developed by the bank and Priority Technologies, Inc. (PTI) of Omaha, NE.

Statewide Overview of Housing Supply and Demand Trends Released - December 28, 2004
BISMARCK - The Industrial Commission of North Dakota has released "The North Dakota Statewide Housing Needs Assessment", detailing the changes that have occurred in the state's housing stock over the past decade. The 170-page document also forecasts likely future shifts in supply and demand, based on current housing and population trends.

Industrial Commission of North Dakota Will Support Transmission Authority Legislation - September 22, 2004
BISMARCK - The Industrial Commission of North Dakota announced today it would support legislation to establish a state-authorized Transmission Authority as another tool toward developing additional electric transmission facilities.

Housing Agency Recognizes Real Estate Industry Support - September 20, 2004
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recently presented Champion of Affordable Housing Awards to four local real estate Agents and brokers at the 2004 North Dakota/South Dakota REALTORS® Convention.

Rental Rehab Assistance Program Grants Approved - August 24, 2004
BISMARCK - The North Dakota Industrial Commission has approved the distribution of 12 Rental Rehab Assistance Program (RRAP) grants totaling more than $63,000.

First-Time Homebuyers Receive More Financing Assistance - June 30, 2004
BISMARCK - The Industrial Commission has expanded the home mortgage assistance programs available to first-time homebuyers through the North Dakota Housing Finance Agency (NDHFA).

Bank of North Dakota Continues Trend of Solid Performance - April 23, 2004
BISMARCK - The Bank of North Dakota (BND) reported a solid loan performance in 2003 with a net income of $31.7 million.

Rental Rehab Program Grant Dollars Available - March 31, 2004
BISMARCK - Owners of rental properties occupied by low-income people with physical disabilities may qualify for the Rental Rehab Assistance Program (RRAP).

Industrial Commission Appoints Citizens to NDHFA Advisory Board - March 31, 2004
BISMARCK - The North Dakota Industrial Commission recently appointed Ninetta Wandler, Dickinson; Lisa Rotvold, Hillsboro and Ron Jordan, Fargo to the North Dakota Housing Finance Agency (NDHFA) Advisory Board.

Helping HAND Grant Dollars Approved For Distribution - March 24, 2004
BISMARCK - The Industrial Commission of North Dakota has approved the distribution of $250,000 in grant funds through the North Dakota Housing Finance Agency's (NDHFA) Helping Housing Across North Dakota (Helping HAND)program.

NDHFA To Allocate Credits For Affordable Rental Housing Development - March 24, 2004
BISMARCK - The Industrial Commission has approved the 2004 Low Income Housing Tax Credit (LIHTC) Allocation Plan, making more than $2 million in tax credits available in North Dakota.

Program Limits Increased For First-Time Homebuyers - March 1, 2004
BISMARCK - The Industrial Commission has increased the purchase price and income limits statewide for the North Dakota Housing Finance Agency's (NDHFA) Home Mortgage Finance Program (HMFP), better known as the "First-Time Homebuyer Program".

Champions of Affordable Housing Recognized - March 1, 2004
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recently recognized six housing partners as Champions of Affordable Housing at the annual Statewide Housing Conference.

Industrial Commission Approves Oil and Gas Research Council - January 30, 2004
BISMARCK - The Industrial Commission has approved new policies for obtaining grants from the newly created Oil and Gas Research Fund.

Realtors and Brokers Designated Housing Champions - September 12, 2003
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) honored four members of the North Dakota real estate industry with Champion of Affordable Housing Awards during the 2003 North/South Dakota REALTORS Convention.

Housing Credits Awarded To Developers - More Than $1.4 Million Remains Available - August 11, 2003
BISMARCK - The Industrial Commission has awarded $967,831 in Low Income Housing Tax Credits (LIHTC) to finance the construction or rehabilitation of seven North Dakota properties.

Industrial Commission Receives New Book - Geology of the Lewis and Clark Trail in North Dakota - July 25, 2003
BISMARCK - The three history enthusiasts who make up the North Dakota Industrial Commission agree that Geology of the Lewis and Clark Trail in North Dakota is a "must read" for anyone interested in the story of the famous Lewis and Clark Expedition.

Industrial Commission approves new loan program to provide farm real estate guarantees - July 25, 2003
BISMARCK - The Industrial Commission earlier this week approved a new loan program providing farm real estate guarantees.

BND introduces new student loan program for truck driver training - July 25, 2003
BISMARCK - The Industrial Commission approved earlier this week a new loan program called Drivers Education Student Loan (DESL) to be offered by the Bank of North Dakota to assist students enrolled in a state-offered truck drier training program.

Harms to Represent Industrial Commission - July 11, 2003
BISMARCK - The Industrial Commission announced today that Bob Harms will be joining the lignite, research, development and Marketing program representing the Commission.

Student Loan Interest Rates Will Drop to an All-Time Low - June 18, 2003
BISMARCK - Interest rates for federal student loans will hit an all-time low in July, Bank of North Dakota (BND) officials told the State Industrial Commission today.

First-Time Homebuyer Mortgage Rates Lowest In History - May 30, 2003
BISMARCK - Families seeking to purchase their first home may benefit from the new interest rates offered by the North Dakota Housing Finance Agency (NDHFA).

Bank of North Dakota Reports a Solid Performance in 2002 - April 17, 2003
BISMARCK - The Bank of North Dakota (BND) turned in a solid performance with net income of $32.2 million in 2002. Despite economic doldrums and geopolitical uncertainty, BND exceeded its budgeted income target by nearly $1 million and ended the year financially sound.

Industrial Commission Approves Helping Hand Grants - April 17, 2003
BISMARCK - The Industrial Commission of North Dakota approved the distribution of $250,000 in grant funds through the North Dakota Housing Finance Agency (NDHFA) Helping Housing Across North Dakota (Helping HAND) Program today.

First-Time Homebuyer Program Limits Increased Statewide - March 26, 2003
BISMARCK - The Industrial Commission has increased the purchase price and income limits statewide for the Home Mortgage Finance Program, better known as the First-Time Homebuyer Program.

Credits Available for Development of Affordable Housing - March 26, 2003
BISMARCK - The Industrial Commission has approved the 2003 Low Income Housing Tax Credit (LIHTC) Allocation Plan, making $2 million in housing credits available.

NDHFA Recognizes Champions of Affordable Housing - February 12, 2003
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) recently recognized seven housing partners as Champions of Affordable Hosing at the annual Statewide Housing Conference. Awards were presented in the Lender, Housing Production and Leadership categories.

Bank of North Dakota offers reduced student loan interest rates on State-funded Alternative Loans to those in Active Duty Service - February 4, 2003
BISMARCK - Student Loan borrowers called to active duty service can qualify for a reduced interest rate on funds borrowed through the State's alternative loan programs Dakota Education Alternative Loan (DEAL) and the Medical DEAL at Bank of North Dakota (BND).

2003 North Dakota Housing Conference 'Celebrating 20 Years of Affordable Housing Partnerships' - January 30, 2003
BISMARCK - 'Celebrating 20 Years of Affordable Housing Partnerships', the annual conference of the North Dakota Housing Finance Agency (NDHFA), will be held Feb. 5-6 at the Seven Seas Inn, Mandan.

Commission Wants People To Take Root In North Dakota - January 3, 2003
BISMARCK - The State Industrial Commission has approved a housing initiative called "ND Roots", designed to attract new and former residents to North Dakota.

Bank of North Dakota Announces Interest Rate Reduction for Student Loans Paid via Automatic Payment Withdrawal - December 31, 2002
BISMARCK - The Industrial Commission today approved a student loan borrower benefit of a .25% interest rate reduction on Bank of North Dakota (BND) student loans and loans BND services on behalf of the North Dakota Student Loan Trust.

North Dakota Industrial Commission receives Lignite Vision 21 status report - December 31, 2002
BISMARCK - Members of the North Dakota Industrial Commission (NDIC) received status reports today from John Dwyer, president of the Lignite Energy Council, regarding Lignite Vision 21 (LV 21) studies being conducted by three applicants that have expressed interest in building a low-emissions, lignite-based electric generating station in North Dakota.

Bank of North Dakota unveils new CD-ROM as a one-stop shop for students and parents seeking college information - December 12, 2002
BISMARCK - The Industrial Commission and Bank of North Dakota (BND) today unveiled "College Connection Center", a new, innovative CD-ROM, which is a computer CD that is in read only format.

Rental Rehab Grants Dollars Awarded - November 22, 2002
BISMARCK - The State Industrial Commission has approved seven Rental Rehab Assistance Program (RRAP) grants.

Housing Credits Awarded For Affordable Rental Development - September 25, 2002
BISMARCK - The Industrial Commission has awarded $1,838,743 in federal housing credits to finance the construction or rehabilitation of nine properties, creating 221 affordable rental units.

Rental Rehab Program Funds Available For 2002 - September 17, 2002
BISMARCK - The Industrial Commission announced today that approximately $31,000 in Rental Rehab Assistance program (RRAP) funding is available for rehabilitation of rental property occupied by low-income people with physical disabilities.

Champion of Affordable Housing Awards Presented - September 17, 2002
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) presented four Champion of Affordable Housing Awards to members of the North Dakota real estate industry during the North Dakota Association of Realtors State Convention, Sept. 11 - 13, in Grand Forks.

North Dakota Mill Achieves Process Improvement Certification - August 21, 2002
GRAND FORKS, ND - The North Dakota Mill, a leading manufacturer of wheat flour and durum products, has been recognized for the outstanding way in which it produces and delivers products of the highest quality. The Mill was awarded the ISO 9001:2000 Certificate of Registration (Certificate) from SRI Quality System Registrar, Inc., Wexford, PA.

Federal Housing Credits Still Available - May 23, 2002
BISMARCK - A minimum of $750,000 worth of Low Income Housing Tax Credits (LIHTC) best known as Housing Credits, are still available from the North Dakota Housing Finance Agency (NDHFA).

Moody's Assigns A2 Issuer Rating and Aa2 Bond Rating To NDHFA - May 14, 2002
BISMARCK - One of the world's leading investment rating firms has given high marks to the North Dakota Housing Finance Agency (NDHFA) and to the agency's housing finance program bonds. Moody's Investors Service has assigned an A2 (with stable outlook) Issuer Rating to the North Dakota Housing Agency and has also upgraded NDHFA's housing finance program bonds from an Aa3 to an Aa2 rating.

Bank of North Dakota Continues Record Performance Trend - April 24, 2002
BISMARCK - The Bank of North Dakota (BND) continued its trend of record growth and profitability in 2001, with a net income for the year exceeding $33.1 million, an increase of 1.5 percent from $32.6 million in 2000. Total assets grew 16.7 percent to a record $2.1 billion.

Helping HAND Grants Approved - April 24, 2002
BISMARCK - The Industrial Commission of North Dakota approved the distribution of $250,000 in grant funds through the North Dakota Housing Finance Agency's Helping Housing Across North Dakota (Helping HAND) Program today.

Housing Finance Agency Launches New Web Options - April 10, 2002
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) has improved its web site - www.ndhfa.org - providing clients and other users with easier access tot he agency's services and other information.

BND Implements Leading-edge Student Loan Technology - March 14, 2002
BISMARCK - Bank of North Dakota (BND) has entered into a partnership agreement with a technology company to provide the bank with leading edge technology to better serve student loan customers.

Low Income Housing Tax Credits Available 2002 - March 14, 2002
BISMARCK - The North Dakota Industrial Commission approved the 2002 Low Income Housing Tax Credit (LIHTC) Allocation Plan today, making $2 million in housing credits available.

First-Time Homebuyer Program Purchase Price Limits Change - March 14, 2002
BISMARCK - The North Dakota Industrial Commission has adjusted the purchase price limits on previously occupied homes in eight counties for the Home Mortgage Finance Program, better known as the First-Time Homebuyers Program.

2002 North Dakota Housing Conference - 'Pursuing the North Dakota Dream' - February 1, 2002
BISMARCK - "Pursing the North Dakota Dream", the annual conference of the North Dakota Housing Finance Agency (NDHFA), will be held Feb. 6 and 7 at the Radisson Hotel in Bismarck. Special guests include John Carson, Housing and Urban Development (HUD), Region 8 director; and Rob Levin, executive vice president of Housing and Community Development for Fannie Mae. Governor John Hoeven, Agriculture Commissioner Roger Johnson and Attorney General Wayne Stenehjem will also make remarks during the conference.

2001 Helping HAND Funds Available - December 20, 2001
BISMARCK - The Industrial Commission has approved $250,000 from the North Dakota Housing Finance Agency (NDHFA) for the Helping Housing Across North Dakota (Helping HAND) Program to meet housing needs for low-income people at the local level.

Rental Rehab Funds Awarded - November 27, 2001
BISMARCK - The North Dakota Industrial Commission has approved 10 grants totaling $36,524 to modify existing rental units to meet the needs of people with physical disabilities.

NDHFA Expands Champion of Affordable Housing Awards - November 2, 2001
BISMARCK - The North Dakota Industrial Commission has expanded the North Dakota Housing Finance Agency (NDHFA) Champion of Affordable Housing Awards program by adding two new categories: Leadership and Housing Production.

Realtors Receive Champion of Affordable Housing Awards 2001 - September 14, 2001
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) presented four Champion of Affordable Housing Awards to members of the North Dakota real estate industry during the annual North Dakota and South Dakota Realtor Convention, Sept. 12-14, in Spearfish, SD.

BND Announces New College Savings Plan - September 4, 2001
BISMARCK - The Industrial Commission today unveiled a new plan to help families save money for future college expenses.

Burgess to Assist Lignite Vision 21 Program - September 4, 2001
BISMARCK - Gov. John Hoeven, Chairman of the Industrial Commission and John Dwyer, President of the Lignite Energy Council, announced today that Jeff Burgess will serve as Manager of the Environmental Services for the Lignite Vision 21 Program.

Rental Rehab Funds Available - August 23, 2001
BISMARCK - The Industrial Commission announced that approximately $36,500 in grant funds are available to owners of rental property occupied by low-income people with physical disabilities. Applications for the Rental Rehab Assistance Program (RRAP), which is administered by the North Dakota Housing Finance Agency (NDHFA), must be received by close of business on Friday, September 28.

Hardmeyer Named Bank of North Dakota President - August 14, 2001
BISMARCK - The Industrial Commission today named Eric Hardmeyer as president of the Bank of North Dakota.

Helping HAND Funds Approved 2001 - July 18, 2001
BISMARCK - Recently the Industrial Commission approved $235,000 in funds for the Helping Housing Across North Dakota (Helping HAND) Program, which is designed to address demonstrated unmet housing needs for low-income people. Funding for this program comes from the North Dakota Housing Finance Agency (NDHFA).

Industrial Commission Approves Funding for Montana-Dakota utilities Co. To Explore Feasibility of New "Lignite Vision 21" Power Plant Near Gascoyne, ND - May 2, 2001
BISMARCK - The Industrial Commission of North Dakota today approved the Lignite Research Council's unanimous recommendation that up to $10 million be available from the state's Lignite Research, Development and Marketing Program to assist Montana Dakota Utilities Co. in its efforts to develop a new power plant in North Dakota under the Lignite Vision 21 Project.

Helping HAND Funds Available 2001 - May 2, 2001
BISMARCK - Today, the Industrial Commission approved $250,000 in funds for the Helping Housing Across North Dakota (Helping HAND) Program, which is designed to address unmet housing needs at the local level for low-income people. Rehabilitation of existing housing is the most common funds usage. Funding for this program comes from the North Dakota Housing Finance Agency (NDHFA). There is a nominal local funds match requirement.

Industrial Commission Approves Funding for Great River Energy To Explore Feasibility of New "Lignite Vision 21" Power Plant - April 19, 2001
BISMARCK - The Industrial Commission of North Dakota today approved the Lignite Research Council's unanimous recommendation that up to $10 million be available from the state's Lignite Research, Development and Marketing Program to assist Great River Energy in its efforts to develop a new power plant in North Dakota under the Lignite Vision 21 Project.

More People Eligible for First-Time Homebuyers Program - April 19, 2001
BISMARCK - More North Dakotans now qualify for first-time homebuyer loans through the North Dakota Housing Finance Agency (NDHFA).

BND Continues Record Performance Trend - April 19, 2001
BISMARCK - The Bank of North Dakota (BND) continued its trend of record growth and profitability in 2000, with a net income for the year exceeding $32.6 million, an increase of 6.9% from $30.5 million in 1999. Total assets grew 7.1% to a record $1.81 billion.

Purchase Price Limits Increased for First-Time Homebuyer Program - March 1, 2001
BISMARCK - The North Dakota Industrial Commission has increased the purchase price limits on previously occupied homes in eight counties for the popular First-Time Homebuyer Program.

Interest in Lignite Vision 21 Project Growing as Companies Submit Grant Applications for Gascoyne Site - March 1, 2001
BISMARCK - Two companies -- Montana Dakota Utilities Co., Bismarck, ND, and Westmoreland Power, Inc. (a wholly owned subsidiary of Westmoreland Coal Company), Colorado Springs, CO, -- have submitted applications for matching funds available under the North Dakota Lignite Research, Development and Marketing Program for the development of the Lignite Vision 21 Project near Gascoyne, ND. Up to $10 million in matching funds are available through the Lignite Vision 21 Project.

Lower Interest Rates Available for First-Time Home Buyers - February 13, 2001
BISMARCK - More than 850 North Dakotans could potentially have a better chance of owning their first home due to the recent sale of mortgage revenue bonds by the North Dakota Housing Finance Agency (NDHFA). Today the Industrial Commission announced that funds are available through participating lenders at lower interest rates.

Great River Energy Files Grant Application To Explore Feasibility of New "Lignite Vision 21" Power Plant - February 2, 2001
BISMARCK - Karlene Fine, Executive Director of the Industrial Commission of North Dakota, and John Dwyer, President of the Lignite Energy Council and Chairman of the Lignite Research Council, announced today that Great River Energy, which operates North Dakota's Coal Creek Station and Stanton Station, has applied for $10 million in matching funds under the state's Lignite R and D Program for the development of the Lignite Vision 21 Project.

NDHFA HomeWork Program Creates New Homeownership Opportunities - January 29, 2001
BISMARCK - The Industrial Commission has approved HomeWork, a new pilot program intended to create new homeownership opportunities for North Dakotans.

2001 North Dakota Housing Conference "Housing Challenges and Opportunities" - January 15, 2001
BISMARCK - "Housing Challenges and Opportunities", the annual conference of the North Dakota Housing Finance Agency (NDHFA), will be held Wednesday and Thursday, Jan. 17-18, at the Seven Seas Inn and Conference Center in Mandan.

NDHFA Introduces HomeKey Program - November 22, 2000
BISMARCK - As many as 500 North Dakotans may have a better chance of owning their own home due to the new HomeKey Pilot Program available through the North Dakota Housing Finance Agency (NDHFA). The Industrial Commission approved the HomeKey program at a recent meeting and set aside special funds to reduce the interest rate for certain first-time homebuyers.

Application Deadline Extended For Rental Rehab Funds - October 19, 2000
BISMARCK - The application deadline for the Rental Rehab Assistance Program (RRAP) has been extended to November 3. Applications must be received by close of business at the North Dakota Housing Finance Agency (NDHFA). These grant funds may only be used to address the needs of very low-income people who have physical disabilities. Approximately $41,000 in grant funding is available to owners of rental property.

Realtors Receive Champion of Affordable Housing Awards 2000 - September 14, 2000
BISMARCK - The North Dakota Housing Finance Agency (NDHFA) presented four Champion of Affordable Housing awards to members of the real estate industry during the annual North Dakota and South Dakota Realtor Convention, Sept. 13-15, in Minot.

Rental Rehab Funds Available For 2000 - September 5, 2000
BISMARCK - Recently the Industrial Commission announced that approximately $41,000 in grant funds are available to owners of rental property. These grant funds may only be used to address the needs of very low-income people who have physical disabilities. Applications for the Rental Rehab Assistance Program (RRAP), which is administered by the North Dakota Housing Finance Agency (NDHFA), must be received by close of business on Friday, October 13.

Industrial Commission Approves R and D Projects - September 5, 2000
Governor Edward T. Schafer, Attorney General Heidi Heitkamp and Commissioner of Agriculture Roger Johnson approved funding of three North Dakota lignite projects on August 24, 2000. The three North Dakota Industrial Commission members approved $267,500 from the Lignite Research, Development and Marketing Program for the projects, and also approved grant application deadline dates for 2001 (January 1, May 1 and September 1).

Industrial Commission Recommends Matching Funds For Lignite Vision 21 Project - August 24, 2000
In an effort to further the largest economic development project in the state, the Industrial Commission of North Dakota today recommended that up to $10 million be made available in matching demonstration project funds for the Lignite Vision 21 Project.

Helping HAND Funds Approved For 2000 - July 24, 2000
On July 20, 2000 the Industrial Commission approved $250,000 in funds for the Helping Housing Across North Dakota (Helping HAND) Program, which is designed to address demonstrated unmet housing needs for low-income people. Funding for this program comes from the North Dakota Housing Finance Agency (NDHFA).

NDHFA Issues New Bonds in 2000 - July 20, 2000
First-time home buyers can now get a better buy when they purchase a home through the First-Time Homebuyer Program which is administered by the North Dakota Housing Finance Agency (NDHFA). Today the Industrial Commission announced that NDHFA has issued bonds and added new funds to maintain a continuous supply of program funding.

Disaster Relief Program Approved - June 28, 2000
The Industrial Commission today approved a disaster relief program to assist North Dakota residents who have been impacted by the recent flooding along the Red River Valley.

Johnsrud Family Recognized For Contribution - May 18, 2000
The North Dakota Industrial Commission has honored a Williston family, Clarence and Clarice Johnsrud, for its donation of $200,000 to enhance the North Dakota Geological Survey's fossil resource management program.

Homeownership Finance in Indian Country - May 15, 2000
The North Dakota Housing Finance Agency (NDHFA) will sponsor a free, one-day training session--"Homeownership; Finance in Indian Country"--to help lenders and tribes gain more insight into financing options for home loans within Indian reservations.

New Advisory Board Members Appointed for NDHFA - April 6, 2000
The North Dakota Industrial Commission recently appointed four new Advisory Board members for the North Dakota Housing Finance Agency (NDHFA). They are: Will Laintz, Bismarck; Michael Orness, Devils Lake; Laurie Parisien, Hazen; and Becky Knight, New Town.

NDHFA Receives Approval to Fund Home Loans on Indian Reservations - March 27, 2000
Today the North Dakota Industrial Commission authorized the North Dakota Housing Finance Agency (NDHFA) to purchase home loans on Indian reservations under its Indian Finance Initiative. NDHFA will work with the four North Dakota tribes and lenders across the state to set up a program to carry out the Initiative.

Low Income Housing Tax Credits Available For 2000 - March 17, 2000
The North Dakota Industrial Commission recently approved the 2000 Low Income Housing Tax Credit Allocation Plan. Copies of the Allocation Plan and Application are now available from the North Dakota Housing Finance Agency (NDHFA). April 28 is the deadline to apply for the first round of Housing Credits, with approximately $650,000 in Housing Credits available. The deadline for the second round of applications is set for July 14 when the balance of this year's total $1.3 million in Housing Tax Credits will be available.

Industrial Commission Approves Two Lignite R and D Projects - March 17, 2000
Governor Edward T. Schafer, Attorney General Heidi Heitkamp and Commissioner of Agriculture Roger Johnson approved funding for two lignite projects that will help keep the existing lignite power plants competitive and ensure lignite use in future plants, while maintaining North Dakota's air quality. On March 8, 2000, the North Dakota Industrial Commission approved $361,000 from the Lignite Research, Development and Marketing Program for the two projects.

Grand Forks Area Flood Report Available - February 16, 2000
A comprehensive analysis of flood problems in the Grand Forks area with recommendations for dealing effectively with future floods is contained in a new report presented Wednesday to the North Dakota Industrial Commission.

NDHFA Issues New Bonds - February 1, 2000
Do you dream of owning your own home? Have you been saving and scrimping to have money for a down payment? If so, this is the perfect time to get serious. The Industrial Commission has announced that the North Dakota Housing Finance Agency (NDHFA) has issued bonds and now has $55 million in new funds available for first-time homebuyers.
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