News

The North Dakota Industrial Commission (NDIC) appreciates the opportunity to offer comments on the Intent to Amend Land Use Plans Regarding Greater Sage-Grouse Conservation

Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as “A+” and “A-1” for long-term and short-term credit respectively in its annual review released Nov. 7, 2017.

The North Dakota Industrial Commission (NDIC) appreciates this opportunity to provide comments on the Bureau of Land Management proposed rule entitled "Waste Prevention, Production Subject to Royalties, and Resource Conservation; Delay and Suspension of Certain Requirements" (BLM Proposed Rule) which would temporarily suspend or delay until January 17, 2019 certain requirements in the final rule published on November 18, 2016 (2016 Final Rule). For requirements in the 2016 Final Rule that are currently in effect, the BLM Proposed Rule would temporarily suspend their effectiveness until January 17, 2019. The BLM Proposed Rule will allow BLM sufficient time to review the 2016 Final Rule and consider revising or
rescinding its requirements.

The North Dakota Industrial Commission (NDIC) appreciates the opportunity to offer comments on the Bureau of Land Management's (BLM) Oil and Gas: Hydraulic Fracturing on Federal and Indian Lands; Recession Rule that seeks to rescind the "Oil and Gas; Hydraulic Fracturing on Federal and Indian Lands" (2015 final rule).

The North Dakota Industrial Commission authorized the Bank of North Dakota (BND) to offer two new loan programs that will assist livestock producers impacted by drought during a special meeting held on Sept 13.

MetroPlains LLC opened the doors to a unique senior apartment complex today. Located in downtown Bismarck, the four-story building offers very desirable amenities and it’s affordable.

Housing organizations statewide will benefit from a grant allocation authorized today by the North Dakota Industrial Commission (NDIC). North Dakota Housing Finance Agency (NDHFA) received permission to distribute $200,000 through its Helping Housing Across North Dakota (Helping HAND) program.

The North Dakota Industrial Commission has approved a $3 million pilot program through the North Dakota Housing Finance Agency (NDHFA) that supports local Community Land Trusts (CLTs) efforts to create more single-family housing for low- to moderate-income households.

The North Dakota Industrial Commission has approved updated income and acquisition cost limits for the North Dakota Housing Finance Agency’s (NDHFA) homeownership programs. The NDHFA assists state residents, typically first-time buyers, with the purchase of a home by providing low-cost financing and offering down payment and closing cost assistance and homebuyer education.

The North Dakota Industrial Commission has approved $1,125,000 in research and development grants for three renewable energy projects. The projects involve research and development of renewable energy technologies and processes that have strong growth potential in North Dakota.