AgriBank partners with Farm Credit Services of Mandan and Farm Credit Services of North Dakota to provide the Rural Community Grant Fund. Disbursements through this fund are designated to support local communities in western North Dakota impacted by mineral development in the Bakken region.
Grants up to $50,000 are available through the Rural Community Grant Fund to facilitate infrastructure improvement and/or development initiatives encompassing housing projects; health, safety and environmental programs; medical facilities; educational programs; and more.
The Rural Community Grant Fund is funded annually by the income AgriBank earns on its mineral interests in western North Dakota, as designated by its board of directors. AgriBank acquired its mineral interests in western North Dakota as a result of loan activity following the Great Depression.