Farm Credit Announces Rural Community Grant Fund

| 7/2/2012

Areas in western North Dakota that need extra funds for infrastructure and development may be eligible for grants through the Rural Community Grant Fund. The grant program was established by AgriBank, FCB, FCS of Mandan and FCS of North Dakota.

"It is our privilege to establish the Rural Community Grant Fund. As a responsible corporate citizen, we believe it is important to partner with the rural communities impacted by the mineral exploration in western North Dakota. This fund will provide an opportunity for residents to seek grant money annually for projects and programs to build, enhance and sustain their communities well into the future," said AgriBank CEO Bill York.

Applicants could receive grants up to $50,000 to be used for infrastructure improvement and/or development initiatives encompassing housing projects, health, safety and environmental programs, medical facilities, educational programs and more.

"The impact of oil exploration has been significant in western North Dakota," said Claude Sem, CEO of Farm Credit Services of North Dakota. "All the residents of this area have been affected in one way or another. Farm Credit and AgriBank are pleased to offer this grant program for projects that will enhance our communities and positively influence the area."

For more information about the Rural Community Grant Fund visit www.agribank.com.

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