NORTH DAKOTA PUBLIC FINANCE AUTHORITY
The North Dakota Public Finance Authority (Authority) was created in 1975 as the North Dakota Municipal Bond Bank (NDCC 6-.09.4). It provides loans to local governments across the state to help them save money. If a local government meets credit and program requirements, it can receive a loan for any purpose it is legally allowed to borrow.
The Authority is overseen by the Industrial Commission of North Dakota and operates as a self-supporting state agency. Its operating costs are paid through earnings on its programs and fees from the local governments that use its services.
Examples of eligible borrowers include: cities, counties, public school districts, townships, fire districts, airport authorities, park districts, water districts and water resource districts.
Examples of types of projects financed include: water, sanitary sewer, storm sewer, roads, sidewalks, public facilities, airport improvements, schools, public housing nursing home and more.
Construction and cash flow financing
Refinancing USDA Rural Development loans, commercial loans and other bonds
Visit the ND Public Finance Authority's issuer webpage on Electronic Municipal Market Access (EMMA). A listing of bond issues, official statements and disclosure filings is available.
Annually, the Authority is audited by an independent public accounting firm. You may view the Financial Statements for the year ended, December 31, 2025.
Annually, the Authority prepares a report highlighting the activities for the year. You may view the Annual Report for the year ended, December 31, 2025.