The Legislature created the Industrial Commission of North Dakota (the "Commission") in 1919 to conduct and manage, on behalf of the State, certain utilities, industries, enterprises and business projects established by state law. The members of the Commission are the Governor, the Attorney General and the Agriculture Commissioner of the State. The Governor is the Chairman, and a quorum for the transaction of business consists of the Governor and one additional member. The Attorney General serves as general counsel. Governor Burgum has been elected to office for a term expiring December 14, 2024. Attorney General Drew Wrigley has been elected to office for a term expiring December 31, 2026. Commissioner Goehring has been elected to office for a term expiring December 31, 2026.
Important Dates
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2024 Outdoor Heritage Fund Grant Application Deadline
Categories: Industrial Commission, Outdoor Heritage Program, OHF-DL
Outdoor Heritage Fund - September 1, 2024
Upcoming Commission Meeting
Monday, September 30, 2024 at 01:00 pm - 05:00 pm
Categories: Industrial CommissionTuesday, September 30, 2024
Governor's Conference Room - 1:00 p.m.
600 East Boulevard Avenue
Bismarck, ND 58505
2024 Lignite Research Program Grant Application Deadline
Categories: Industrial Commission, Lignite Research Program, LRP-DL
Lignite Research Program - October 1, 2024
Upcoming Commission Meeting
Tuesday, October 29, 2024 at 01:00 pm - 05:00 pm
Categories: Industrial CommissionTuesday, October 29, 2024
Governor's Conference Room - 1:00 p.m.
600 East Boulevard Avenue
Bismarck, ND 58505
2024 Oil and Gas Research Council Grant Application Deadline
Categories: Industrial Commission, Oil and Gas Research Program, OGRP-DL
Oil and Gas Research Council - November 1, 2024
Upcoming Commission Meeting
Tuesday, November 26, 2024 at 01:00 pm - 05:00 pm
Categories: Industrial CommissionTuesday, November 26, 2024
Governor's Conference Room - 1:00 p.m.
600 East Boulevard Avenue
Bismarck, ND 58505
Upcoming Commission Meeting
Tuesday, December 17, 2024 at 01:00 pm - 05:00 pm
Categories: Industrial CommissionTuesday, December 17, 2024
Governor's Conference Room - 1:00 p.m.
600 East Boulevard Avenue
Bismarck, ND 58505
Recent News
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NORTH DAKOTA MILL PROFITS INCREASE
Tuesday, August 27, 2024 at 12:00 pm
Categories: Industrial Commission, Mill & Elevator, Press ReleaseBISMARCK, N.D. - The North Dakota Mill today reported record profits of $20.7 million for fiscal year 2024, an increase of 20.6% over profits of $17.2 million reported for fiscal year 2023.
Industrial Commission names Nathan Anderson as Director of the Department of Mineral Resources
Wednesday, August 14, 2024 at 12:00 pm
Categories: Industrial Commission, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission named Nathan Anderson as the next director of the Department of Mineral Resources (DMR) at its meeting today. Anderson succeeds former Director Lynn Helms who retired on June 30 after 26 years of service. Anderson’s start date will be Sept. 16.
Industrial Commission Approves Workforce Housing Pilot
Wednesday, June 26, 2024 at 12:00 pm
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK, N.D. – The Industrial Commission approved the Rural-Workforce Initiative to Support Housing (R-WISH) pilot program at its June 26, 2024, meeting. The R-WISH pilot will support rural communities of 20,000 residents or less with construction of market rate housing for workforce when a company is locating or expanding its operations. The program will utilize up to $10 million of Bank of North Dakota (BND) capital to complement the work being done by the North Dakota Housing Finance Agency and the North Dakota Housing Initiative Advisory Committee.
Industrial Commission Accepts Todd Steinwand Retirement Resignation
Wednesday, June 26, 2024 at 12:00 pm
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK, N.D. – The Industrial Commission today accepted the retirement resignation letter of Todd Steinwand, President and CEO of Bank of North Dakota (BND), effective July 2, 2024. Steinwand has been with BND since 2015 when he was named the Senior Vice President and Chief Business Development Officer. He was promoted to President and CEO of the Bank in July 2021, with the retirement of Eric Hardmeyer.
Industrial Commission announces results of electric grid impact study, results indicate Environmental Protection Agency rules will cause blackouts for millions of Americans
Friday, May 31, 2024 at 12:00 pm
Categories: Industrial Commission, Press Release, Transmission AuthorityBIThe North Dakota Industrial Commission, acting in its capacity as the North Dakota Transmission Authority (NDTA), commissioned a study on the impact of the Environmental Protection Agency’s (EPA) Final Greenhouse Gas Standards with ALWAYSON Energy Research in April. Claire Vigesaa, Executive Director of the NDTA presented highlights of the study to the Commission at their May 28th, 2024 meeting. The study modeled the impact of the EPA standards on the two Regional Transmission Organizations (RTOs) serving North Dakota, the Mid-Continent Independent System Operator (MISO) and the Southwest Power Pool (SPP). The impact analysis demonstrated that the EPA’s proposed rules would result in the retirement of baseload power generation plants across the region. Baseload power is generated from a source which can be dispatched on-demand, in contrast to intermittent sources like renewable power which relies on favorable weather conditions to generate power.
Bank of North Dakota releases 2023 Annual Report
Tuesday, May 28, 2024 at 01:00 am
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK, N.D. – The state-owned Bank of North Dakota (BND) reported total assets of $10.1 billion at year-end 2023, consistent with the previous year. With record profits of $192.7 million, an increase of $1.5 million from 2022, the Bank also had an excellent return on investment of 18.2%. BND’s profits are utilized to support loan participations with partner financial institutions and to support disaster recovery programs. Profits may also be used to support legislatively directed loan programs and capital transfers to the general fund as needed. Excess earnings are retained and accumulated to fund capital.
FirstHome Program Income Limits Updated
Tuesday, May 28, 2024 at 01:00 am
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBIBISMARCK, ND – The North Dakota Industrial Commission has approved updated income limits for programs that assist North Dakota residents, typically first-time buyers, in achieving homeownership. Administered by the North Dakota Housing Finance Agency (NDHFA), these programs offer low-cost financing, as well as down payment and closing cost assistance.
Housing Finance Agency receives grant from Federal Home Loan Bank of Des Moines and Bank of North Dakota through the Member Impact Fund
Tuesday, April 30, 2024 at 12:00 pm
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, N.D. – The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has received a $5.1 million grant from the FHLB Des Moines Member Impact Fund. Included in the $5.1 million is a $1.28 million match funded from BND capital.
NextEra accepts, Prairie Horizon declines Clean Sustainable Energy Authority Fertilizer Development Loan
Monday, March 4, 2024
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseNextEra accepts, Prairie Horizon declines Clean Sustainable Energy Authority Fertilizer Development Loan
The North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, announced today that NextEra Energy Resources Development has accepted loan terms under the state’s Clean Sustainable Energy Authority (CSEA) Fertilizer Development Loan Program, while Prairie Horizon Energy Solutions has declined.
Industrial Commission Statement on Passing of Former BND President and CEO Eric Hardmeyer
Tuesday, February 27, 2024 at 12:00 pm
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK, N.D. (FEB 27, 2024) – The North Dakota Industrial Commission, comprised of Governor Doug Burgum, Attorney General Drew Wrigley, and Agriculture Commissioner Doug Goehring, released the following statement regarding the passing of former Bank of North Dakota President and CEO Eric Hardmeyer, who began his career with the Bank in 1985 and served as the Bank’s President and CEO from 2001-2021. Hardmeyer died Saturday, Feb. 24, at the age of 64.
Affordable Housing Projects Awarded Funding
Wednesday, December 27, 2023 at 12:00 pm
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – The North Dakota Industrial Commission announced the allocation of funds to affordable housing projects by the North Dakota Housing Finance Agency (NDHFA).
Industrial Commission awards $11.3 million in funding for Electric Grid Resilience and Oil and Gas Research, announces $3 million in new Clean Natural Gas Capture and Emissions Reduction funding
Monday, December 18, 2023 at 12:00 pm
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, approved a total of $11.3 million in matching grants during its first grant round for grid resilience funding under the section 40101(d) of the Bipartisan Infrastructure Law (BIL) as well as its 59th grant round of the Oil and Gas Research Program.
Industrial Commission Announces Special Grant Round for Carbon Capture and Utilization Education and Marketing
Friday, December 15, 2023 at 12:00 pm
Categories: Industrial Commission, Lignite Research Program, Oil & Gas Research Program, Press Release, Renewable Energy ProgramDuring the 2023 legislative session, $300,000 was appropriated to the Industrial Commission to contract for carbon capture and utilization education and marketing. The Industrial Commission is soliciting applications for grant funding to aid in the development of a Carbon Capture and Utilization Education and Marketing Strategic Plan.
S&P Affirms Bank of North Dakota Credit Rating
Tuesday, November 28, 2023 at 12:00 pm
Categories: Industrial Commission, Press ReleaseS&P Affirms Bank of North Dakota Credit Rating
BISMARCK, N.D. – The Industrial Commission reports that Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as A+/Stable in its annual review released Nov. 6.
Bank of North Dakota President Announces Retirement
Wednesday, October 4, 2023
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK, N.D. – Todd Steinwand, President and Chief Executive Officer of Bank of North Dakota (BND), has announced his intention to retire in the second quarter of 2024. An exact date has not been established but he pledged to continue to work with the Industrial Commission (Commission) during the transition. An executive search committee was approved at today’s Industrial Commission meeting.
Industrial Commission awards $15 million in grants and $222.5 million in loans in latest Oil and Gas Research and Clean Sustainable Energy Program grant rounds
Friday, July 28, 2023
Categories: Clean Sustainable Energy Authority, Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, approved $15 million in matching grants and $222.5 million in loans during the latest grant rounds for the Oil and Gas Research and Clean Sustainable Energy programs. Both programs are funded by oil and gas production tax and state mineral royalty revenues. The Oil and Gas Research Program was established in 2007 to provide grants for projects that enhance the production of oil and natural gas in North Dakota. The Clean Sustainable Energy Program was established in 2021 to advance the commercialization of low-emissions technologies for North Dakota’s energy industry.
Industrial Commission appoints Claire Vigesaa as next executive director of the North Dakota Transmission Authority
Friday, July 28, 2023
Categories: Industrial Commission, Press Release, Transmission AuthorityBISMARCK, N.D. – The North Dakota Industrial Commission (NDIC) has selected Claire Vigesaa to serve as the next executive director of the North Dakota Transmission Authority. Vigesaa retired in 2022 as general manager and CEO for the Upper Missouri Power Cooperative after a 40-year career in the electric cooperative industry. Vigesaa has been serving as deputy director of the Transmission Authority since retirement.
Commission Approves FirstHome Program Eligibility Limits
Thursday, June 29, 2023
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission has approved changes that will allow North Dakota Housing Finance Agency (NDHFA) to provide mortgage loan financing to individuals and families with a higher yearly income in most counties. They have also increased the acquisition (purchase price) limit for financed properties.
Industrial Commission awards $6.3 million in latest Outdoor Heritage Fund and Renewable Energy Program grant rounds
Thursday, June 29, 2023
Categories: Industrial Commission, Outdoor Heritage Fund, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, approved $6.3 million in Outdoor Heritage Fund and Renewable Energy Program matching grants. Both programs are funded solely by oil and gas production tax revenue. The Outdoor Heritage Fund was established in 2013 to provide grants for projects that enhance outdoor conservation practices in the state. The Renewable Energy Program was established in 2007 to promote research and utilization of North Dakota’s renewable energy resources, including advanced biofuels.
U.S. Department of Energy awards North Dakota Industrial Commission $7.5 million to strengthen and modernize critical electric infrastructure
Thursday, May 25, 2023
Categories: Industrial Commission, Transmission AuthorityOn May 23, 2023, North Dakota joined three other states and two tribal nations in receiving the first Grid Resilience State and Tribal Formula Grants from the U.S. Department of Energy (DOE). North Dakota was awarded $7.5 million, which will be administered by the North Dakota Industrial Commission through its Transmission Authority. The Grid Resilience State and Tribal Formula Grant program aims to ensure the reliability of power sector infrastructure so that communities have access to affordable, reliable, clean electricity.
North Dakota Industrial Commission approves fourth Class VI carbon capture and storage project
Thursday, May 25, 2023
Categories: Department of Mineral Resources, Industrial Commission, Oil & Gas Research ProgramNorth Dakota’s regulatory framework for geologic sequestration of carbon dioxide continues to lead the nation as the North Dakota Industrial Commission today approved its fourth carbon capture and storage facility. North Dakota was the first state to receive primacy of Class VI wells from the U.S. Environmental Protection Agency (EPA) in 2018.
Industrial Commission awards $11.4 million in latest grant round of the Lignite Research, Development and Marketing Program
Thursday, May 25, 2023
Categories: Industrial Commission, Lignite Research ProgramThe North Dakota Industrial Commission approved $11.4 million in Lignite Research, Development and Marketing Program matching grants for seven new research projects. The funding, generated from lignite severance tax as well as oil and gas production tax revenue, supports the growth of North Dakota’s lignite industry through research and education.
Bank of North Dakota releases 2022 Annual Report
Thursday, May 25, 2023
Categories: Bank of North Dakota, Industrial CommissionBISMARCK, N.D. – The state-owned Bank of North Dakota (BND) reported total record assets of $10.2 billion at year-end
2022. The growth enabled the Bank to increase its loan portfolio to a record $5.4 billion in loans to the state’s farmers and
ranchers, business owners and students in North Dakota. In addition, the Bank reported a record profit of $191.2 million in
2022, up $47 million from 2021.
Summer 2023 Grant Rounds
Tuesday, April 25, 2023
Categories: Clean Sustainable Energy Authority, Industrial Commission, Oil & Gas Research Program, Outdoor Heritage Fund, Press Release, Renewable Energy ProgramIndustrial Commission Announces Summer 2023 Grant Round Schedule for Clean Sustainable Energy Authority, Outdoor Heritage Fund, Renewable Energy Program, and Oil and Gas Research Council.
Governor Executive Order - Lignite Research Council Members
Tuesday, April 11, 2023
Categories: Industrial Commission, Lignite Research ProgramThis order issued on the basis that the Governor is vested with the Executive authority pursuant to Article V, Section 1 or the North Dakota Constitution, and pursuant to NDCC 54-17.5-02. This order shall be effective Immediately and supersedes and replaces Executive Order 2013-05; accordingly, Executive Order 2013-05 is hereby rescinded.
Grants Ensure Safe Housing for Lower-Income Households
Tuesday, March 28, 2023
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – The North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of $200,000 through its Helping Housing Across North Dakota (Helping HAND) program.
Lignite Research Council Meeting Scheduled, Grant Round 102 Closes April 3, 2023
Monday, March 27, 2023
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe next meeting of the Lignite Research Council has been scheduled for 1:30 pm on May 11, 2023. The meeting will be held in Room 335, Bismarck State College National Energy Center of Excellence, 1200 Schafer Street, Bismarck, ND. The Council will consider grant applications for its 102nd grant round. The deadline for submitting applications for consideration at the May 11th meeting is April 3, 2023. Applications may be submitted via email at ndicgrants@nd.gov.
Industrial Commission awards $2.8 million in Oil and Gas Research and Renewable Energy Program grants
Tuesday, December 20, 2022 at 11:00 pm
Categories: Industrial Commission, Oil & Gas Research Program, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission approved $2.8 million in Oil and Gas Research and Renewable Energy Program matching grants for six new research projects. The funding, generated from oil and gas production tax revenue, supports the growth of North Dakota’s oil and gas industry through research and education. The Renewable Energy Program supports the research and development of industrial technologies such as renewable energy, biofuels, biomass, biomaterials, geothermal and renewable hydrogen.
Industrial Commission approves funding for new Lignite R&D grant
Wednesday, November 23, 2022 at 11:00 pm
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission approved funding last week for a new lignite research project, titled "Lignite Resource Evaluation for Advanced Utilization Opportunities," that focuses on evaluating the potential for extracting rare earth elements and other critical minerals from North Dakota lignite.
Affordable housing projects receive funding commitments
Friday, November 18, 2022 at 11:00 pm
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission announced five affordable housing projects received conditional funding commitments from North Dakota Housing Finance Agency (NDHFA) in November.
Bank of North Dakota’s S&P credit ratings affirmed
Thursday, October 27, 2022 at 11:00 pm
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseStandard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as A+/Stable in its annual review released Oct. 27, 2022.
North Dakota Mill Celebrates 100 Years of Progress, Increases Milling Capacity
Thursday, October 20, 2022 at 11:00 pm
Categories: Industrial Commission, Mill & Elevator, Press ReleaseThe North Dakota Industrial Commission joined employees of the North Dakota Mill, local officials, customers and suppliers today to celebrate the completion of 100 years in operation at the Grand Forks facility, as well as the recent commissioning of the new H and I milling units and the conversion of the D milling unit, resulting in a 22% increase in total milling capacity.
INDUSTRIAL COMMISSION AWARDS $2.9 MILLION IN OUTDOOR HERITAGE FUNDS
Thursday, October 20, 2022 at 11:00 pm
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission today approved nearly $3 million 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.
INDUSTRIAL COMMISSION AWARDS FUNDING FOR CLEAN SUSTAINABLE ENERGY PROJECTS
Monday, September 19, 2022 at 11:00 pm
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission awarded Clean Sustainable Energy Authority (CSEA) grant funding today in the amount of $15,284,125 for three projects.
North Dakota Transmission Authority presents electric grid resilience report
Monday, August 29, 2022 at 11:00 pm
Categories: Industrial Commission, Press Release, Transmission AuthorityThe report on the status of the resilience of the electric grid in North Dakota was presented Friday to the North Dakota Industrial Commission and delivered to the North Dakota Legislative Council. The 2021 Legislative Assembly directed that the Transmission Authority prepare this report annually.
OUTDOOR HERITAGE FUND APPLICATION DUE DATE IS SEPTEMBER 1ST, 2022
Monday, August 15, 2022 at 11:00 pm
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is reminding applicants that the deadline to submit applications for the North Dakota Outdoor Heritage Fund Program is September 1, 2022.
Industrial Commission Statement on Supreme Court Decision in Northwest Landowners Association vs. State of North Dakota
Thursday, August 4, 2022 at 11:00 pm
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission (Commission), consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, issued the following joint statement today in response to the North Dakota Supreme Court’s decision in Northwest Landowners Association vs. State of North Dakota:
Industrial Commission Statement on First Carbon Dioxide Injection under State Primacy
Monday, July 18, 2022 at 11:00 pm
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission (Commission), consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, issued the following joint statement today commemorating the first underground injection of carbon dioxide by Red Trail Energy.
Commission approves FirstHome program eligibility limits increase
Tuesday, May 31, 2022 at 11:00 pm
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved increased eligibility limits for a state program that helps first-time buyers purchase a home. Administered by North Dakota Housing Finance Agency (NDHFA), the FirstHome™ program provides low-cost financing and down payment and closing cost assistance to income-qualified households.
North Dakota Industrial Commission approves funding for Lignite Research & Development proposal
Monday, May 23, 2022 at 11:00 pm
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC) awarded $850,000 of grant funding to Semplastics for a new lignite research project on May 23, 2022. The total cost of the project is $4.2 million with the majority of the match funding coming from the U.S. Department of Energy. Other entities involved in the project are North American Coal Corp. and the Energy & Environmental Research Center.
BND Releases 2021 Annual Report and S&P Rating
Monday, May 23, 2022 at 11:00 pm
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe state-owned Bank of North Dakota (BND) reported a profit of $144.2 million in 2021, a slight increase from $141.2 million in 2020 with a return on investment of 15%, according to information presented to the Industrial Commission (Commission) in BND’s annual report today.
INDUSTRIAL COMMISSION AWARDS FUNDING FOR CLEAN SUSTAINABLE ENERGY PROJECTS
Monday, May 23, 2022 at 11:00 pm
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission awarded funding today from the Clean Sustainable Energy Fund in the amount of $1 million in grants and $115 million in loans for three projects.
Commission approved distribution of housing rehab grants
Tuesday, March 29, 2022 at 12:00 pm
Categories: Housing Finance Agency, Industrial CommissionThe North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of $200,000 through its Helping Housing Across North Dakota (Helping HAND) program.
Commission Approves Distribution of Housing Rehab Grants
Tuesday, March 29, 2022
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of $200,000 through its Helping Housing Across North Dakota (Helping HAND) program.
Premium Oil Development Acreage Continues to Expand in ND
Tuesday, March 29, 2022
Categories: Industrial Commission, Pipeline Authority, Press ReleaseNorth Dakota Pipeline Authority (NDPA) Director Justin Kringstad recently presented an updated view on well performance and drilling economics in the Bakken and Three Forks formations to the Industrial Commission.
Outdoor Heritage Fund Accepting Applications
Tuesday, February 8, 2022
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is currently accepting applications through March 1, 2022, for the North Dakota Outdoor Heritage Fund Program.
Lignite Research and Development Proposals
Friday, January 21, 2022
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) today approved $1 million in grant funding for a small-scale lignite research and development (R&D) project and continuation of an ongoing carbon capture, utilization and storage (CCUS) project. The two projects had been evaluated and recommended by the Lignite Research Council earlier in the week.
World's Largest Carbon Capture Facility - Project Tundra - Receives NDIC Approvals
Friday, January 21, 2022
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe Industrial Commission today approved the Class VI storage facility applications for North Dakota-based Minnkota Power Cooperative’s Project Tundra. The project is a $1 billion investment in carbon capture from the Milton R. Young Station in Oliver County, North Dakota.
INDUSTRIAL COMMISSION AWARDS FUNDING FOR CLEAN SUSTAINABLE ENERGY PROJECTS
Monday, December 20, 2021
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission awarded funding today from the Clean Sustainable Energy Fund in the amount of $28 million in grants and $135 million in loans for six projects.
North Dakota Industrial Commission approves funding for three Lignite R&D grants
Monday, November 29, 2021
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) today approved funding for three lignite research projects totaling $632,500. The largest award is $550,000 to develop lignite coal-based pitch for high-value carbon products.
INDUSTRIAL COMMISSION APPROVES NATURAL GAS PIPELINE GRANT PROGRAM GUIDELINES
Monday, November 29, 2021
Categories: Industrial Commission, Natural Gas Pipeline, Press ReleaseThe North Dakota Industrial Commission approved the guidelines and timelines on Nov. 29 for a Natural Gas Pipeline Grant Program that received funding during the recent special legislative session.
CLEAN SUSTAINABLE ENERGY AUTHORITY TO CONSIDER FIRST FUNDING ROUND
Monday, November 29, 2021
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission announced that the Clean Sustainable Energy Authority (CSEA) will consider eight applications for the first round of funding, totaling over $49.5 million in grant requests and $165 million in loan requests.
Agency makes affordable housing funding commitments
Monday, November 29, 2021
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission (Commission) announced today that North Dakota Housing Finance Agency (NDHFA) made funding commitments to eight affordable multifamily housing projects in November.
INDUSTRIAL COMMISSION AWARDS $1,666,000 IN OUTDOOR HERITAGE FUNDS
Tuesday, October 19, 2021
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission today approved $1,666,000 in Outdoor Heritage Fund matching grants for four 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.
North Dakota approves first Class VI carbon capture and storage project under state primacy in the United States
Tuesday, October 19, 2021
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseNorth Dakota’s regulatory framework for geologic sequestration of carbon dioxide (CO2) is leading the nation again today as the North Dakota Industrial Commission approved the first Class VI well in North Dakota. North Dakota was the first state to receive primacy of Class VI wells from the U.S. Environmental Protection Agency (EPA) in 2018, followed only by Wyoming in 2020.
CLEAN SUSTAINABLE ENERGY AUTHORITY ACCEPTING FINANCIAL ASSISTANCE APPLICATIONS FOR GRANTS AND LOANS
Monday, September 27, 2021
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission approved program guidelines today and is currently accepting financial assistance applications through Nov. 1, 2021, for the Clean Sustainable Energy Authority.
Al Anderson named Director of Clean Sustainable Energy Authority
Monday, September 27, 2021
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseAl Anderson was named by the North Dakota Industrial Commission to serve as the director of the North Dakota Clean Sustainable Energy Authority (Authority) effective today Sept. 27, 2021.
CLEAN SUSTAINABLE ENERGY AUTHORITY SEEKS PUBLIC COMMENT
Thursday, September 2, 2021
Categories: Clean Sustainable Energy Authority, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission is currently accepting public comment through Sept. 14, 2021, regarding the Clean Sustainable Energy Authority (Authority) draft guidelines.
OUTDOOR HERITAGE FUND ACCEPTING APPLICATIONS
Friday, July 30, 2021
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is currently accepting applications through September 1, 2021, for the North Dakota Outdoor Heritage Fund Program.
Todd Steinwand named President of Bank of North Dakota
Wednesday, July 28, 2021
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe Industrial Commission named Interim Bank of North Dakota (BND) President Todd Steinwand as President of the Bank at its meeting on July 27, 2021. Prior to acting as interim President, Steinwand served as BND’s Chief Business Development Officer. Steinwand, succeeds Eric Hardmeyer, who held the position for 21 years, the longest-serving president in the Bank’s 102-year history.
TWO RENEWABLE ENERGY PROJECTS EXPLORE OPTIONS FOR CARBON DIOXIDE
Tuesday, July 27, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has awarded $520,890 in Renewable Energy Program matching funds for two projects that enhance renewable energy while providing options for underground storage of carbon dioxide.
Commission Approves Expanded Mortgage Lending Capabilities for HFA
Tuesday, July 27, 2021
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved changes to North Dakota Housing Finance Agency’s (NDHFA) North Dakota Roots program that will allow the NDHFA to finance mortgage loans for higher-income individuals and families and to refinance residential real estate loans.
Industrial Commission authorizes BND loan programs for livestock producers
Tuesday, July 27, 2021
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission today approved two new Bank of North Dakota (BND) loan programs to help the state’s livestock producers cover expenses related to the extreme drought conditions in the state. Producers must work with their local lender to determine if the programs are appropriate for their situation and make application through them.
INDUSTRIAL COMMISSION AWARDS $5.8 MILLION IN OUTDOOR HERITAGE FUNDS
Tuesday, July 27, 2021
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission today approved $5.8 million in Outdoor Heritage Fund matching grants for 16 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.
Bank of North Dakota releases 2020 Annual Report
Wednesday, June 9, 2021
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe state-owned Bank of North Dakota (BND) reported a profit of $141.2 million in 2020, down from $169 million in 2019 with a return on investment of 15%, according to information presented to the Industrial Commission (Commission) in BND’s annual report today.
The report’s theme, “Responding with Confidence,” focuses on the important role the Bank played by assisting residents in response to the COVID-19 pandemic. BND created three business loan programs, one business grant program and a student loan relief program, while also administering an agriculture disaster relief program. It also assisted local lenders in accessing Federal Paycheck Protection Program funds by hosting weekly webinars connecting lenders with the Small Business Administration and members of Congress. These efforts, along with the work of the Department of Commerce and their partners, enabled North Dakota to receive more funds per capita than any other state.
Industrial Commission approves funding for two Oil and Gas R&D grants
Wednesday, June 9, 2021
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) approved funding today totaling $10 million for two legislatively directed research projects contingent on Oil and Gas Research Council approval.
Industrial Commission approves funding for three Lignite R&D grants
Wednesday, June 9, 2021
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) approved funding totaling $970,004 for three lignite research projects. In a joint statement, the Commission consisting of Governor Doug Burgum, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, stated, “The lignite industry is always looking forward and developing new markets and new technologies to improve existing operations. The projects that we funded today will continue the success of this industry that is so important to the state and its citizens.”
Eric Hardmeyer announces retirement from Bank of North Dakota BISMARCK
Tuesday, April 27, 2021
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBank 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.
RENEWABLE ENERGY PROGRAM ACCEPTING APPLICATIONS
Tuesday, April 27, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe 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.
TWO RENEWABLE ENERGY PROJECTS SUPPORT WIND AND GEOTHERMAL
Tuesday, April 27, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has awarded $719,129 in Renewable Energy Program matching funds for two projects that enhance renewable energy.
COMMISSION APPROVES DISTRIBUTION OF HOUSING REHAB GRANTS
Tuesday, April 27, 2021
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of almost $200,000 in housing rehab assistance.
State’s Home Mortgage Programs to Consolidate under NDHFA
Tuesday, March 2, 2021
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBank 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.
OUTDOOR HERITAGE FUND ACCEPTING APPLICATIONS
Tuesday, March 2, 2021
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is currently accepting applications through May 3, 2021, for the North Dakota Outdoor Heritage Fund Program.
TWO RENEWABLE ENERGY PROJECTS EXPLORE NEW TECHNOLOGY
Monday, February 22, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has awarded $1,000,000 in Renewable Energy Program matching funds for two projects that enhance renewable energy.
NDIC Approves Funding for three new Lignite Research and Development Proposals
Wednesday, November 25, 2020
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe 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.
Industrial Commision Awards $11,624,359 in Outdoor Heritage Funds
Monday, November 23, 2020
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe 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.
Bank of ND S&P Credit Ratings Affirmed
Monday, November 23, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseStandard & 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.
Renewable Energy program Accepting Applications
Monday, November 23, 2020
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has established a special grant round and is currently accepting applications through December 14th 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.
NDIC Revisions to 36CFR, Parts 214, 228, 261
Monday, November 2, 2020
Categories: Department of Mineral Resources, Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC) appreciates this opportunity to comment on the Proposed Rule Changes as follows:
The State of North Dakota is ranked 2nd in the United States among all states in the production of oil and gas. North Dakota produces more than 525 million barrels of oil and 1 trillion cubic feet of natural gas per year.
IC Scoping Comments Dakota Access Pipeline
Thursday, October 22, 2020
Categories: Industrial Commission, Natural Gas Pipeline, Press ReleaseThe North Dakota Industrial Commission (NDIC) appreciates this opportunity to comment on the scope of the Environmental Impact Study (EIS).
The State of North Dakota is ranked 2nd in the United States among all states in the production of oil and gas. North Dakota produces more than 525 million barrels of oil and 1 trillion cubic feet of natural gas per year.
Evaluation of North Dakota natural gas completed
Tuesday, September 22, 2020
Categories: Industrial Commission, Natural Gas Pipeline, Press ReleaseBismarck – Results from a comprehensive study on the natural gas liquid (NGL) composition in North Dakota’s produced gas from the Bakken petroleum system was presented today to the North Dakota Industrial Commission. Scientists at the Energy & Environmental Research Center (EERC) conducted this research over the last eight months. It is based on data from over 7,300 wells in the state and included a review of current publications on the subject and simulation scenarios to predict how NGL content might change in Bakken produced gas over the years to come.
INDUSTRIAL COMMISSION PROVIDES CLARITY TO GAS CAPTURE PERCENTAGE
Tuesday, September 22, 2020
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseBISMARCK – The North Dakota Industrial Commission (NDIC) today approved amendments to the Gas Capture Guidance Policy to provide more transparency into how the gas capture percentage is calculated as well as provide more clarity around requirements within the policy.
Industrial Commission approves new Bank of North Dakota COVID relief program
Tuesday, September 22, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBismarck – The Industrial Commission approved a $50 million interest buydown program to be administered by the Bank of North Dakota (BND) for businesses with decreased revenue related to the COVID-19 pandemic. The program, COVID PACE Recovery II, (CPR II), will be funded by CARES Act dollars assigned to the Bank of North Dakota.
North Dakota Industrial Commission approves funding for two Lignite Research & Development proposals
Thursday, August 20, 2020
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) approved funding for two lignite research projects on August 20. Both projects had been evaluated and recommended by the Lignite Research Council earlier in the month.
Bank of North Dakota expands loan options for tech firms
Monday, August 10, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK – The Industrial Commission approved a Bank of North Dakota (BND) request to expand the parameters of the Accelerated Growth Loan Program. The expansion enables technology companies to utilize an increased amount of monthly recurring revenues as a repayment source that allows the loan limit to grow with the company. In addition, BND is increasing its allocation of available funding from $28,000,000 to $47,000,000 in support of the program. The goal is to create an avenue for North Dakota technology companies to access local, lower cost financing.
OUTDOOR HERITAGE FUND ACCEPTING APPLICATIONS
Monday, August 3, 2020
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission is currently accepting applications through September 1, 2020, for the North Dakota Outdoor Heritage Fund Program.
RENEWABLE ENERGY PROGRAM CURRENTLY ACCEPTING APPLICATIONS
Thursday, July 9, 2020
Categories: Industrial Commission, Press Release, Renewable Energy ProgramBISMARCK, N.D. – The North Dakota Industrial Commission is currently accepting applications through August 1st for the North Dakota Renewable Energy Program. The program funds projects that involve research and development of renewable energy technologies and processes that have strong growth potential in North Dakota.
LIGNITE RESEARCH & DEVELOPMENT PROGRAM ACCEPTING APPLICATIONS
Thursday, July 9, 2020
Categories: Industrial Commission, Lignite Research Program, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission has established a special grant round and is currently accepting applications through July 17th for the North Dakota Lignite Research, Development, and Marketing Program. This program funds projects that involve research and development of North Dakota’s abundant lignite resources.
Bank of North Dakota releases 2019 Annual Report
Tuesday, July 7, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK – The state-owned Bank of North Dakota (BND) recorded its 16th consecutive year of record profits in 2019, with $169 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission (Commission).
North Dakota Industrial Commission authorizes Department of Mineral Resources to confiscate abandoned wells in North Dakota
Friday, June 19, 2020
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission today approved orders from the Department of Mineral Resources to confiscate abandoned wells in North Dakota. A hearing was held on June 10 to review and consider confiscation and plugging of over 350 wells in the state. At the hearing more than 70 additional wells were identified as likely to be orphaned by mid-July.
NORTH DAKOTA INDUSTRIAL COMMISSION AWARDS $500,000 FOR DEVELOPMENT OF A BLUEPRINT FOR A CARBON CAPTURE AND STORAGE FACILITY
Wednesday, June 3, 2020
Categories: Industrial Commission, Press Release, Renewable Energy ProgramBISMARCK, N.D. – The North Dakota Industrial Commission (Commission) has awarded $500,000 in Renewable Energy Program matching funds to the Energy & Environmental Research Center, for work toward the development of the first integrated North Dakota ethanol and carbon capture and storage (CCS) facility. The proposed research will use the Red Trail Energy ethanol facility near Richardton, ND, as a case study, building on the successful outcomes of three phases of work since 2016. A CO2 Storage Facility Permitting Guidance Document will be compiled as part of the project to serve as a resource for other North Dakota renewable energy or biofuel producers interested in pursuing utilization of CCS technology.
INDUSTRIAL COMMISSION AWARDS $166,174 IN OUTDOOR HERITAGE FUNDS
Wednesday, June 3, 2020
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseBismarck, ND – The Industrial Commission of North Dakota approved $166,174 in Outdoor Heritage Fund matching grants for five 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.
STATE AWARDS AFFORDABLE HOUSING DEVELOPMENT ASSISTANCE
Friday, May 29, 2020
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – The North Dakota Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has made more than $1.8 million in conditional funding commitments through the state’s Housing Incentive Fund (HIF) to two new affordable housing projects.
Industrial Commission extends ag disaster relief program
Friday, May 29, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBismarck- The North Dakota Industrial Commission today extended the Ag Disaster Relief Loan Program to accept applications from agricultural producers through September 30, 2020. The original sunset date was June 30, 2020. Since the program was made available in January, 218 loans have been approved for $109 million.
FLOHR APPOINTED TO LEAD HOUSING FINANCE AGENCY
Tuesday, May 5, 2020
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – The North Dakota Industrial Commission has appointed David A. Flohr as the executive director of the North Dakota Housing Finance Agency (NDHFA).
Industrial Commission Authorizes Bank of North Dakota Program to Assist Ethanol Industry Through Covid-19 Pandemic
Friday, May 1, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBismarck- The North Dakota Industrial Commission has authorized the Bank of North Dakota (BND) to provide a financing program to assist North Dakota’s ethanol producers in securing working capital to maintain operations in the state. The ethanol industry in North Dakota supports over 10,000 jobs utilizing 140 million bushels of corn to produce 400 million gallons of ethanol and 1.3 million tons of distiller’s grains.
COMMISSION APPROVES UPDATED FIRSTHOME PROGRAM LIMITS
Friday, May 1, 2020
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – The North Dakota Industrial Commission has approved updated eligibility limits for government programs that help North Dakota residents, typically first-time buyers, purchase a home. Administered by North Dakota Housing Finance Agency (NDHFA), the programs provide income-qualified households with low-cost financing, and down payment and closing cost assistance.
FIRSTHOME PURCHASE ASSISTANCE PROGRAM LIMITS INCREASED
Friday, May 1, 2020
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – New eligibility limits for programs that assist North Dakota residents, typically first-time buyers, with a home purchase have been approved by the North Dakota Industrial Commission.
SINGLE-FAMILY HOUSING REHAB PROGRAM GRANTS APPROVED
Tuesday, April 28, 2020
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, ND – The North Dakota Industrial Commission approved an allocation of almost $200,000 today through Helping Housing Across North Dakota (HAND). The program addresses the housing rehab needs of lower-income individuals and families by providing grants to targeted community programs. North Dakota Housing Finance Agency (NDHFA) administers the program.
Industrial Commission Authorizes Bank of North Dakota Programs to Assist Businesses in Pandemic Recovery Efforts
Friday, April 24, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBismarck- The North Dakota Industrial Commission today authorized the Bank of North Dakota (BND) to provide two financing programs to assist North Dakota businesses in obtaining long-term, low-interest loans to assist in the state's economic recovery from the COVID-19 pandemic. The loan programs will help both small and large businesses to secure working capital and replenish inventory. The programs will be effective Wednesday, April 29, 2020.
Rebuilders Loan payments may be deferred six months
Monday, March 30, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBismarck- Bank of North Dakota, in conjunction with local financial institutions, is allowing any borrower who received a Rebuilders Loan after the 2011 flood event to defer payments for six months.
Bank of North Dakota announces student loan relief options
Tuesday, March 24, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBISMARCK, N.D. — Bank of North Dakota (BND) shared its student loan relief plans to assist borrowers impacted by COVID-19 with the Industrial Commission today. Effective immediately, borrowers may request to defer payments for six months.
North Dakota DMR to Reinstate Well Waivers
Tuesday, March 24, 2020
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseBISMARCK, N.D. -The Department of Mineral Resources was directed today by the North Dakota Industrial Commission to immediately reinstate guidelines that promote the prevention of waste of the state's natural resources of oil and gas during the current economic climate.
HOUSING AGENCY URGES NORTH DAKOTANS TO TALK TO YOUR MORTGAGE SERVICER OR LANDLORD FIRST; DON’T BECOME A VICTIM OF A FINANCIAL SCAM
Monday, March 23, 2020
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBISMARCK, N.D. — North Dakota Housing Finance Agency (NDHFA) is encouraging households facing financial difficulties because of the Coronavirus (COVID-19) to notify their mortgage loan servicer or landlord if they are unable to make their mortgage or rent payment.
development of oil and gas infrastructure on the Fort Berthold Indian Reservation, North Dakota (FBIR).
Monday, March 9, 2020
Categories: Department of Mineral Resources, Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC), Department of Mineral Resources, Oil and Gas Division has jurisdiction to administer North Dakota's comprehensive oiJ and gas regulations found at North Dakota Administrative Code Chapter 43-02-03. These regulations include regulation of the drilling, producing, and plugging of wells; the restoration of drilling and production sites; the perforating and chemical treatment of wells, including hydraulic fracturing; the spacing of wells; operations to increase ultimate recovery such as cycling of gas, the maintenance of pressure, and the introduction of gas, water, or other substances into producing fonnations; disposal of saltwater and oil field wastes through the Underground Injection Control Program and all other operations for the production of oil or gas.
Notice of Proposed Rulemaking: "Update to the Regulations Implementing the Procedural Provisions of the National Environmental Policy Act", Docked ID No. CEQ-2019-0003
Monday, March 9, 2020
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC), consisting of three state-wide elected officials Governor Doug Burgum, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, has jurisdiction to administer North Dakota's comprehensive oil and gas regulations found at North Dakota Administrative Code Chapter 43-02-03. These regulations include regulating the drilling, producing, and plugging of wells; the restoration of drilling and production sites; the perforating and chemical treatment of wells, including hydraulic fracturing; the spacing of wells; operations to increase ultimate recovery such as cycling of gas, the maintenance of pressure, and the introduction of gas, water, or other substances into producing fonnations; disposal of saltwater and oil field wastes through the Underground Injection Control Program; and all other operations for the production of oil or gas.
OUTDOOR HERITAGE FUND NOW ACCEPTING APPLICATIONS
Tuesday, February 18, 2020
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseBISMARCK, N.D. – The North Dakota Industrial Commission is currently accepting applications through March 13, 2020, for the North Dakota Outdoor Heritage Fund Program.
NORTH DAKOTA INDUSTRIAL COMMISSION AWARDS $398,850 FOR DEVELOPMENT OF ENERGY EFFICIENT HOUSING
Tuesday, January 21, 2020
Categories: Industrial Commission, Press Release, Renewable Energy ProgramBISMARCK, N.D. – The North Dakota Industrial Commission (Commission) has approved $398,850 in Renewable Energy Program funds to MHA Nation – South Segment, for a demonstration project to develop and commercialize affordable, energy efficient homes that can be easily built on Native American reservations. The project includes a renewable energy strategy with the addition of a geothermal ground source heat pump and the engineering of an electrical/mechanical energy corridor which will allow for adding other renewable energy options to the home.
Industrial Commission authorizes second Bank of North Dakota relief loan program for farmers and ranchers
Tuesday, January 21, 2020
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBismarck- The North Dakota Industrial Commission today approved a second Bank of North Dakota (BND) loan program to help the state’s farmers and livestock producers cover operating shortfalls and term debt payments, and to restructure existing debt.
Industrial Commission authorizes a Bank of North Dakota feed loan program for stressed livestock producers
Tuesday, December 17, 2019
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission today approved a new Bank of North Dakota (BND) feed loan program to help the state’s livestock producers cover the cost of feed as they deal with the effects of extreme weather on their operations.
INDUSTRIAL COMMISSION AWARDS $921,478 IN OUTDOOR HERITAGE FUNDS
Tuesday, December 17, 2019
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseBismarck, ND – The Industrial Commission of North Dakota has approved $921,478 in Outdoor Heritage Fund grants for seven conservation and recreation projects benefiting communities 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.
AFFORDABLE HOUSING DEVELOPMENT ASSISTANCE ALLOCATED STATEWIDE
Monday, November 25, 2019
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission announced today that nine projects have received funding commitments from North Dakota Housing Finance Agency (NDHFA) to support the construction or rehabilitation of almost 500 affordable housing units statewide.
EPA Proposed Amendments to the 2016 New Source Performance Standards for the Oil and Natural Gas Industry
Monday, November 25, 2019
Categories: Department of Mineral Resources, Industrial Commission, Oil & Gas Research Program, Press ReleaseThe State of North Dakota is ranked 2nd in the United States among all states in the production of oil and gas. North Dakota produces more than 525 million barrels of oil and 1 trillion cubic feet of natural gas per year.
Bank of North Dakota’s S&P credit ratings affirmed
Tuesday, November 19, 2019
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseStandard & 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 Oct. 25, 2019.
Industrial Commission to hold hearing November 15 for gas gathering strategy
Wednesday, October 23, 2019
Categories: Department of Mineral Resources, Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission will hold a public hearing to consider comments on natural gas capture strategy and regulatory clarity needed around gas gathering agreements. The goal of the Commission is to enforce a regulatory framework that provides for fewer service interruptions on gathering pipelines which would encourage quicker and larger infrastructure expansion, and increase the value of North Dakota’s oil and natural gas production. The hearing will be held on Friday, November 15, at 9 a.m., CT, in the Conference Room of the North Dakota Oil and Gas Division, 1000 E Calgary Avenue, Bismarck North Dakota.
RENEWABLE ENERGY PROGRAM ACCEPTING APPLICATIONS
Wednesday, October 2, 2019
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has established a special grant round and is currently accepting applications through October 21st 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.
OUTDOOR HERITAGE FUND ACCEPTING APPLICATIONS
Wednesday, October 2, 2019
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is currently accepting applications through November 1, 2019, for the North Dakota Outdoor Heritage Fund Program.
OIL AND GAS RESEARCH PROGRAM CURRENTLY ACCEPTING APPLICATIONS
Thursday, August 29, 2019
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission recently established a special grant round for the North Dakota Oil and Gas Research Program and is currently accepting applications through September 16th.
NORTH DAKOTA INDUSTRIAL COMMISSION AWARDS $500,000 FOR PORTABLE SOLAR POWER GENERATION
Thursday, July 18, 2019
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has approved $500,000 in Renewable Energy Program funds to Packet Digital, Fargo, for a project to enhance the design of a portable solar power generation system for military and commercial applications. This project will simplify the manufacturing and assembly of the portable solar power units as well as achieve compliance certifications.
Industrial Commission Thanks Jolene Kline for 34 Years of Service and Names David Flohr Acting Housing Finance Agency Executive Director
Thursday, June 20, 2019
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe Industrial Commission of North Dakota today issued a Resolution of Appreciation to Jolene Kline for her 34 years of service to the North Dakota Housing Finance Agency (Agency). Ms. Kline had informed the Commission of her retirement effective July 1, 2019.
NORTH DAKOTA INDUSTRIAL COMMISSION AWARDS $500,000 IN RENEWABLE ENERGY PROGRAM FUNDS
Thursday, June 20, 2019
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has approved $500,000 in Renewable Energy Program funds to Evolve Analytics, LLC for the development of Airtonomy, an autonomous, multi-drone operations solution that will be installed onsite in a custom drone housing unit. It will be powered by solar energy and operated remotely.
INDUSTRIAL COMMISSION AWARDS $5,199,095 IN OUTDOOR HERITAGE FUNDS
Thursday, June 20, 2019
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe Industrial Commission of North Dakota today approved $5,199,095 in Outdoor Heritage Fund grants for 11 conservation and recreation projects benefiting communities across the state.
HOMEOWNERSHIP PROGRAM ELIGIBILITY LIMITS UPDATED
Friday, May 31, 2019
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved new eligibility limits for programs that assist state residents, typically first-time buyers, with a home purchase. Administered by North Dakota Housing Finance Agency (NDHFA), the programs provide low-cost financing, and down payment and closing cost assistance.
GRANTS ENSURE SAFE HOUSING FOR LOWER-INCOME HOUSEHOLDS
Tuesday, May 28, 2019
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission approved the allocation of $200,000 today through Helping Housing Across North Dakota (HAND). Helping HAND supports the needs of lower-income households through grants to targeted single-family housing rehabilitation programs. North Dakota Housing Finance Agency (NDHFA) is the program administrator.
New study predicts 20-year growth period for electricity in western North Dakota
Tuesday, May 28, 2019
Categories: Industrial Commission, Press Release, Transmission AuthorityNorth Dakota will need significantly more power generation in the next 20 years as electricity consumption is projected to increase by up to 70 percent, driven largely by continued expansion of oil and gas activity in western North Dakota, according to a new Power Forecast 19 (PF19) completed by Barr Engineering.
Industrial Commission Approves Disaster Assistance Programs
Tuesday, April 30, 2019
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe 66th North Dakota Legislative Assembly, with input from the North Dakota Industrial Commission, authorized Bank of North Dakota (BND) to offer two loan programs to help farmers, livestock producers and homeowners who were affected by river flooding due to ice jams in the winter and spring of 2019.
Bank of North Dakota releases 2018 Annual Report
Tuesday, April 30, 2019
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe state-owned Bank of North Dakota (BND) recorded its 15th consecutive year of record profits in 2018, with $159 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission.
NORTH DAKOTA INDUSTRIAL COMMISSION AWARDS $500,000 IN RENEWABLE ENERGY PROGRAM FUNDS
Tuesday, April 30, 2019
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has approved $500,000 in Renewable Energy Program funds to Hankinson Renewable Energy (HRE) for the installation of a Stack Heat Recovery (SHR) system. This technology will capture excess heat energy released from the plant’s dryer exhaust stack and recycle the heat back into the production process. In addition, the system will collect water condensation from the dryer exhaust stack for use in the plant operations. The project is expected to increase ethanol production at HRE by an estimated 10 million gallons per year.
RENEWABLE ENERGY PROGRAM CURRENTLY ACCEPTING APPLICATIONS
Thursday, March 28, 2019
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission recently established a special grant round and is currently accepting applications through April 15th for the North Dakota Renewable Energy Program. The program funds projects that involve research and development of renewable energy technologies and processes that have strong growth potential in North Dakota.
Industrial Commission Amends Crude Oil Conditioning Standards
Friday, January 18, 2019
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission today approved amendments to the crude oil conditioning requirements as outlined in Commission Order No. 29398 in Case No. 29398. The amendments include the addition of a Commission-approved oil conditioning policy/guidance that will continue to ensure the safe transportation and marketability of crude oil.
INDUSTRIAL COMMISSION AWARDS $3,350,164 IN OUTDOOR HERITAGE FUNDS
Friday, December 7, 2018
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe Industrial Commission of North Dakota today approved $3,350,164 in Outdoor Heritage Fund grants for nine conservation and recreation projects benefiting communities 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.
NDIC approves funding for two lignite R&D proposals
Tuesday, November 20, 2018
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC) today approved funding totaling over $15 million for two lignite research projects.
Industrial Commission Amends Gas Capture Policy
Tuesday, November 20, 2018
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission today approved amendments to the April 17, 2018 Guidance Policy in relation to North Dakota Industrial Commission Order 24665 regarding gas capture. The amendments include additional action items, which support federal efforts to streamline right-of-way processes and efforts to encourage investment in value-added projects.
Bank of North Dakota’s S&P credit ratings affirmed
Tuesday, November 13, 2018
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseStandard & 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 Oct. 17, 2018.
INCREASE IN HOMEOWNERSHIP PROGRAM INCOME LIMITS APPROVED
Wednesday, October 31, 2018
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved an increase of the income limits for North Dakota Roots, a program that provides affordable financing, and down payment and closing cost assistance to households who may have previously owned a home and first-time buyers whose income exceeds the limits of North Dakota Housing Finance Agency’s (NDHFA) FirstHome™ program.
NORTH DAKOTA INDUSTRIAL COMMISSION AWARDS $805,000 IN RENEWABLE ENERGY PROGRAM FUNDS
Friday, October 26, 2018
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has approved $805,000 in Renewable Energy Program grants for two projects.
Ordinary High Water Mark Moves Forward
Thursday, September 27, 2018
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Department of Mineral Resources and Wenck Associates provided final recommendations today to the North Dakota Industrial Commission on the review of the ordinary high water mark of the Missouri river bed, pursuant to SB2134. The Commission was presented with 30 findings which they adopted as presented.
INDUSTRIAL COMMISSION AWARDS $648,346 IN OUTDOOR HERITAGE FUNDS
Friday, September 14, 2018
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe Industrial Commission of North Dakota today approved $648,346 in Outdoor Heritage Fund grants for six conservation and recreation projects benefiting communities across the state.
NORTH DAKOTA MILL PROFITS INCREASE
Friday, July 27, 2018
Categories: Industrial Commission, Mill & Elevator, Press ReleaseNorth Dakota Mill management today reported record profits of $14.2 million for fiscal year 2018, an increase of 46 percent over profits of $9.7 million reported for fiscal year 2017.
Industrial Commission Extends Drought Loan Programs for Livestock Producers
Thursday, June 28, 2018
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission authorized the Bank of North Dakota (BND) to extend two loan programs that will assist livestock producers impacted by drought during their June 28, 2018 meeting.
NORTH DAKOTA RENEWABLE ENERGY PROGRAM SUPPORTS BARLEY PROTEIN CONCENTRATE PROJECT
Thursday, June 28, 2018
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has approved an $83,810 Renewable Energy Program grant to Midwest AgEnergy Group to research using North Dakota barley to produce a high value protein concentrate designed for aquaculture and a low-carbon advanced ethanol at Dakota Spirit AgEnergy.
OUTDOOR HERITAGE FUND ACCEPTING APPLICATIONS
Thursday, June 7, 2018
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe Industrial Commission of North Dakota has established a special grant round for the Outdoor Heritage Fund Program and is currently accepting applications through July 15, 2018. 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.
INDUSTRIAL COMMISSION AWARDS $4.6 MILLION IN OUTDOOR HERITAGE FUNDS
Tuesday, June 5, 2018
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe Industrial Commission of North Dakota today approved $4.6 million in Outdoor Heritage Fund grants for 13 conservation and recreation projects benefiting communities 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.
North Dakota Industrial Commission supports applied research proposal to Revitalize Conventional Oil Fields in North Dakota
Thursday, May 24, 2018
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC) has approved a $3 million Oil and Gas Research Program grant for a project aimed at revitalizing North Dakota’s conventional oil fields. Total project costs will exceed $6 million, with private industry providing the additional funding.
NORTH DAKOTA RENEWABLE ENERGY PROGRAM ACCEPTING APPLICATIONS
Friday, May 18, 2018
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission recently established a special grant round and is currently accepting applications through May 31st for the North Dakota Renewable Energy Program. The program funds projects that involve research and development of renewable energy technologies and processes that have strong growth potential in North Dakota.
HOMEOWNERSHIP PROGRAM ELIGIBILITY LIMITS INCREASED
Monday, April 30, 2018
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved an increase in the eligibility limits for state programs that assist with home purchases. Administered by North Dakota Housing Finance Agency (NDHFA), the programs help North Dakotans, typically first-time buyers, buy a home by providing low-cost financing, and down payment and closing cost assistance.
GRANTS SUPPORT SAFE HOUSING FOR LOWER-INCOME HOUSEHOLDS
Tuesday, April 17, 2018
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission voted today to allocate $200,000 through Helping Housing Across North Dakota (Helping HAND), a state program that aids organizations that provide home construction and rehab assistance to lower-income North Dakotans. The program is administered by North Dakota Housing Finance Agency (NDHFA).
Bank of North Dakota releases 2017 Annual Report
Tuesday, April 17, 2018
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe state-owned Bank of North Dakota recorded its 14th consecutive year of record profits in 2017, with $145.3 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission.
NORTH DAKOTA INDUSTRIAL COMMISSION RECEIVES REVIEW OF THE ORDINARY HIGH WATER MARK OF THE MISSOURI RIVER
Tuesday, April 17, 2018
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission (Commission) received today the Ordinary High Water Mark of the Missouri River Bed Review conducted by Wenck Associates, Inc. (Wenck).
NORTH DAKOTA INDUSTRIAL COMMISSION SUPPORTS RENEWABLE ENERGY PROJECT
Tuesday, April 17, 2018
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has approved a $437,000 Renewable Energy Program grant to the Energy & Environmental Research Center (EERC) in Grand Forks to research low-pressure electrolytic ammonia (LPEA) production.
Comments on Bureau of Land Management
Tuesday, April 17, 2018
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (NDIC) appreciates this opportunity to provide comments on the Bureau of Land Management proposal to revise the Waste Prevention, Production Subject to Royalties, and Resource Conservation Rule (2016 final rule).
EPA Administrator Signs Final Approval for North Dakota’s Class VI Primacy Application
Tuesday, April 10, 2018
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseToday North Dakota became the first state to receive final approval from the U.S. Environmental Protection Agency (EPA) to regulate geologic storage of carbon dioxide. EPA Administrator Scott Pruitt signed North Dakota’s application this morning granting the state primary regulatory authority, also known as primacy, over Class VI injection of carbon dioxide for long-term storage. North Dakota will officially receive Class VI primacy when the final rule is published in the Federal Register, which is expected to occur in about a week.
NORTH DAKOTA INDUSTRIAL COMMISSION SUPPORTS NEW RENEWABLE ENERGY PROJECT
Friday, February 23, 2018
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has approved a $238,366 Renewable Energy Program grant to the University of North Dakota (UND) in Grand Forks to develop a material that will enhance batteries, giving them more power, a longer battery life and better performance in low temperatures.
NORTH DAKOTA OUTDOOR HERITAGE FUND PROGRAM ACCEPTING APPLICATIONS
Tuesday, February 20, 2018
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is currently accepting applications through April 1, 2018, for the North Dakota Outdoor Heritage Fund Program.
John Weeda named Director of North Dakota Transmission Authority
Thursday, February 15, 2018
Categories: Industrial Commission, Press Release, Transmission AuthorityJohn Weeda, who retired in 2017 as director of North Dakota Plant Operations for Great River Energy, has been selected to serve as the director of the North Dakota Transmission Authority by the North Dakota Industrial Commission (NDIC) as of Feb. 14.
COMMENTS Intent to Amend Land Use Plans Regarding Greater Sage-Grouse Conservation
Friday, December 1, 2017
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission (NDIC) appreciates the opportunity to offer comments on the Intent to Amend Land Use Plans Regarding Greater Sage-Grouse Conservation
Bank of North Dakota’s S&P credit ratings affirmed
Wednesday, November 22, 2017
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseStandard & 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.
comments on the Bureau of Land Management proposed rule entitled "Waste Prevention, Production Subject to Royalties, and Resource Conservation;
Monday, November 6, 2017
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseThe 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.
comments on the Bureau of Land Management's (BLM) Oil and Gas: Hydraulic Fracturing on Federal and Indian Lands; Recession Rule
Wednesday, September 20, 2017
Categories: Industrial Commission, Press ReleaseThe 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).
Industrial Commission Approves Drought Loan Programs for Livestock Producers
Wednesday, September 13, 2017
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe 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.
UNIQUE SENIOR APARTMENTS OPEN IN DOWNTOWN BISMARCK
Tuesday, July 25, 2017
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseMetroPlains 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.
GRANT ALLOCATION BENEFITS HOUSING ORGANIZATIONS STATEWIDE
Friday, June 30, 2017
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseHousing 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.
HOMEOWNERSHIP PROGRAMS INCOME AND ACQUISITION LIMITS UPDATED
Monday, June 5, 2017
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe 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.
COMMUNITY LAND TRUST PILOT PROGRAM APPROVED
Monday, June 5, 2017
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe 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.
NORTH DAKOTA INDUSTRIAL COMMISSION SUPPORTS NEW RENEWABLE ENERGY PROJECTS
Thursday, May 18, 2017
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe 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.
North Dakota Class VI Primacy Application for Carbon Capture Storage Approved
Tuesday, May 9, 2017
Categories: Department of Mineral Resources, Industrial Commission, Press ReleaseNorth Dakota is the first state in the nation to apply for and receive approval for primary regulatory authority (primacy) over geologic storage of carbon dioxide, also known as carbon capture and storage (CCS), paving the way for exciting pilot projects that could have major impacts on the state’s energy industry.
Bank of North Dakota releases 2016 Annual Report
Monday, May 1, 2017
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseIn its 2016 Annual Report, Bank of North Dakota (BND) reported its 13th consecutive year of record profits, with $136.2 million in net earnings. Total assets decreased slightly from $7.4 billion in 2015 to $7.3 billion in 2016. BND ended the year with capital of $876 million. The state’s return on its investment at the Bank was a healthy 16.6 percent.
Bank of North Dakota enhances loan programs to support economic diversification
Monday, May 1, 2017
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseEnhancing business diversification efforts and addressing financing gaps in economic development programming were key issues identified in a series of 40 meetings with business and finance leaders, economic development professionals and elected officials across the state in 2016. The outcome of these meetings combined with additional research by the Bank of North Dakota (BND) resulted in a recommendation to the Industrial Commission to enhance four existing BND programs and to implement a new program to assist fast growing companies in North Dakota.
comment on the DEPARTMENT OF TRANSPORTATION Pipeline and Hazardous Materials Safety Administration
Monday, March 20, 2017
Categories: Industrial Commission, Press ReleaseThe North Dakota Industrial Commission (NDIC) appreciates this opportunity to comment on the DEPARTMENT OF TRANSPORTATION Pipeline and Hazardous Materials Safety Administration
NORTH DAKOTA RENEWABLE ENERGY PROGRAM ACCEPTING APPLICATIONS
Wednesday, February 22, 2017
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission is currently accepting applications through March 1 for the North Dakota Renewable Energy Program.
NORTH DAKOTA RENEWABLE ENERGY PROGRAM ACCEPTING APPLICATIONS
Wednesday, January 25, 2017
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission is currently accepting applications through February 1 for the North Dakota Renewable Energy Program.