ST. PAUL, Minn., July 1, 2013 –Farm Credit is continuing to show support for western North Dakota communities with the recent awarding of $274,500 in grants.
Twelve grants were awarded to worthy community projects that support those cities and towns that have been impacted by oil and mineral exploration and production.
“Our support for western North Dakota communities is an extension of Farm Credit’s mission to serve rural America,” said Bill York, CEO of AgriBank. “We are proud to sponsor these important projects for improving the lives of our friends and customers in western North Dakota.”
AgriBank, Farm Credit Services of Mandan and Farm Credit Services of North Dakota announced the awards under the Rural Community Grant Fund. The organizations started the fund to support a variety of infrastructure and development projects that benefit communities in western North Dakota.
“I was once again impressed with the number of worthwhile applications. While it is a challenge to sort through these requests, I felt a strong sense of accomplishment with the final decision to approve 12 project grants. I hope the number of requests continue to grow for our next round ending August 31st including the possible reapplication by some who did not receive an initial approval,” said Michael O’Keeffe, CEO of Farm Credit Services of Mandan.
“The impact that oil exploration has had on western North Dakota is significant. This will mean many changes for the communities we live and work around. We are pleased to grant these funds to help make a difference,” says Claude Sem, CEO, Farm Credit Services of North Dakota.