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Homeowner Affordability
and Stability Plan
President Obama recently announced the Homeowner Affordability and Stability
Plan as part of a broad, comprehensive strategy to assist the American
economy in its recovery. The plan will support approximately 7 to 9 million
families in restructuring or refinancing their mortgages to avoid foreclosure.
For more information about this plan, please visit: www.financialstability.gov.
As more information becomes available, we will keep you informed.
Farm Disaster Assistance:
Farm Disaster Relief Loan Program
Bank of North Dakota is providing a low interest rate Farm Disaster Relief
program for North Dakota farmers and ranchers impacted by weather events.
Working in partnership with local community financial institutions in affected
areas, BND will assist in funding the disaster loans. This program helps
restructure debt with low cost rates. For more information click here or visit Lending's home page.
Farm Disaster Ag PACE Loan Program
This program provides new loans to assist farmers and ranchers that have
been impacted by weather related events. For more information click here or visit Lending's home page.
Bank of North Dakota, located in Bismarck, ND, is the only state-owned
bank in the nation. Its mission, established by legislative action in 1919,
is to encourage and promote agriculture, commerce and industry in North
Dakota. In this role, the Bank acts as a funding resource in partnership
with other financial institutions, economic development groups and guaranty
agencies.
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