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USDA Rural Development in North Dakota Recognizes Top Lending Partners to Support Rural Homeownership

Name
Christopher Freeman
Phone
City
Bismarck
Release Date
Jun 30, 2022

BISMARCK, N.D., June 30, 2022 – Throughout the month of June and in celebration of Homeownership Month, U.S. Department of Agriculture (USDA) Rural Development State Director for North Dakota Erin Oban recognized the top three North Dakota lending partners to support rural homeownership thus far in fiscal year 2022. These three lenders helped rural individuals and families buy homes through USDA Rural Development’s Single Family Housing Guaranteed Loan Program

The agency presented awards to the following institution leaders and their mortgage teams: 

  • First Community Credit Union, based in Jamestown. 

  • Gate City Bank, based in Bismarck. 

  • Dakota Community Bank & Trust, based in Bismarck. 

“For countless reasons, the dream of homeownership has become increasingly difficult to reach for too many working people, families, and seniors living on fixed incomes,” said Oban. “Affordability and accessibility of housing is an enormous challenge in many North Dakota communities, but in partnership with USDA Rural Development, these lenders are leading their industry in assisting our state’s most rural residents to find places they can call home. Together, with lenders like First Community Credit Union, Gate City Bank, and Dakota Community Bank and Trust, USDA Rural Development is strengthening communities, providing stability for families, and building generational wealth by helping North Dakotans become homeowners.” 

USDA touches the lives of all Americans each day in so many positive ways. Under the Biden-Harris Administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, promoting competition and fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate-smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.