Published October 08, 2012, 09:00 AM
Bank donates housing fund
BISMARCK (AP) — A North Dakota fund that helps finance housing projects now has more than $11 million.By: Associated Press, The Jamestown Sun
BISMARCK (AP) — A North Dakota fund that helps finance housing projects now has more than $11 million.
The incentive fund offers state tax breaks to contributors. For every dollar they put in, they owe a dollar less in state income tax.
This month, Gate City Bank put $1.25 million into the fund. The bank wants most of the money used for housing projects in Williston, Devils Lake and Bowman.
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