AgriBank, in partnership with AgCountry Farm Credit Services and Farm Credit Services of Mandan, aims to support local communities in western North Dakota affected by mineral development. This support is funded by income earned on mineral interests within the region, reflecting AgriBank's commitment to infrastructure improvement, health, safety, environmental programs, medical facilities, educational programs, and more, especially following historical loan activities since the Great Depression.
The Rural Community Grant Fund focuses on aiding communities in western North Dakota impacted by mineral development, particularly in the Bakken region. It offers grants up to $50,000 to drive infrastructure improvement and/or development projects. Specific areas of interest include housing projects, health, safety, environmental programs, medical facilities, and educational programs. This initiative is financed annually by AgriBank, based on income from mineral interests in the area, emphasizing a commitment to the well-being and advancement of these communities.
Preference is given to organizations that hold 501(c)(3) status as defined by the IRS code.