An emerging need for the state in the 21st century has been the development of infrastructure. The rapid rise of the Bakken oil play, an increasing population in the state and a decrease in federal funding has provided the impetus for BND and the state to become more resourceful in funding road, water, school and housing projects. Being agile and responding to the state’s needs, BND has recently increased its role in funding infrastructure for the state.
The Bank assists communities and the state by addressing infrastructure needs through programs established by the North Dakota Legislature. Funds repair, replace and build new infrastructure. The Bank works with other state agencies, political subdivisions and healthcare facilities to assess the needs and distribute the funds.
