News

Bank of North Dakota (BND) President Eric Hardmeyer announced his retirement effective July 6, 2021, at the Industrial Commission meeting today. Hardmeyer has been in the role since 2000, qualifying him as the longest-serving president in the Bank’s 102-year history.

The North Dakota Industrial Commission (Commission) has awarded $719,129 in Renewable Energy Program matching funds for two projects that enhance renewable energy.

The North Dakota Industrial Commission has established a special grant round and is currently accepting applications through May 10th for the North Dakota Renewable Energy Program. The program funds projects that involve research and development of renewable energy technologies that have strong growth potential in North Dakota.

The North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of almost $200,000 in housing rehab assistance.

The North Dakota Industrial Commission is currently accepting applications through May 3, 2021, for the North Dakota Outdoor Heritage Fund Program.

Bank of North Dakota (BND) and North Dakota Housing Finance Agency (NDHFA) are taking the first steps toward consolidating the roles they play as state agencies in financing residential real estate.

The North Dakota Industrial Commission (Commission) has awarded $1,000,000 in Renewable Energy Program matching funds for two projects that enhance renewable energy.

The North Dakota Industrial Commission (Commission) approved funding for three new small-scale lignite research and development (R&D) projects on Nov. 23. The three projects had been evaluated and recommended by the Lignite Research Council earlier in the month.

The Industrial Commission of North Dakota approved $11,624,359 in Outdoor Heritage Fund matching grants for eight conservation and recreation projects benefiting North Dakotans across the state. The funding, generated from oil and gas production tax revenue, supports projects such as access to public and private lands for sportsmen, farming and ranching stewardship practices, fish and wildlife habitat preservation, and outdoor recreation areas.

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. 9, 2020.