03/24/2026
🏠 HUGE NEWS for Bismarck Homeowners! Thinking about a remodel?
Bismarck’s 2026 Neighborhood Reinvestment Initiative (NRI) is officially LIVE, and it is a total game-changer for anyone looking to upgrade their home without the high interest rates of a standard home equity loan.
Through a partnership with local lenders, you can now access specialized funding for those big projects you’ve been putting off.
The Highlights:
-Low Rates: Choose between a 10-year loan at 4.49% APR or a 15-year loan at 4.99% APR.
-Big Budget: Loans range from $10,000 to $100,000.
-Tax Perks: Qualified projects may also be eligible for a 3-year property tax exemption on the added value of your improvements!
Does Your Home Qualify?
✅ Located within Bismarck City Limits. ✅ Built in 1996 or earlier (30+ years old). ✅ Current total value is $300,000 or less. ✅ Must be homeowner-occupied.
What Can You Fix?
Everything from foundations and roofs to major kitchen and bathroom remodels, HVAC updates, and even adding a garage or accessory dwelling unit (ADU).
🚨 Don't Wait: The application window is open now through October 31, 2026, but funds are limited and granted based on the time of application!
How to Start:
Check out the full guidelines and download your application here:👉 https://www.bismarcknd.gov/2208/Neighborhood-Reinvestment-Initiative
Have questions about how this might affect your home’s market value? Send me a DM! I’d love to help you navigate this opportunity.
The City of Bismarck’s Neighborhood Reinvestment Initiative (NRI) is a program, in partnership Gate City Bank, to offer reduced-interest loans to homeowners for eligible home improvement projects. This program aims to revitalize older and potentially disinvested areas of the city through reinvestm...