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Gate City Bank allocates $2 million for East Grand Forks home improvement program
Summary
Gate City Bank representatives told the East Grand Forks City Council on March 4 that the bank has allocated $2,000,000 for a 2025 home improvement program for owner-occupied homes in East Grand Forks; eligibility, qualifying projects and application process were described.
Gate City Bank representatives told the East Grand Forks City Council on March 4, 2025, that the bank has allocated $2,000,000 for a 2025 home improvement program available to eligible homeowners within the city.
The presentation, given by Gate City Bank staff, said the program aims to help revitalize mature neighborhoods by offering below-market-rate financing for repairs and upgrades. "At Gate City Bank, our core purpose is to create a better way of life for our communities, our team members, and, our customers," a Gate City Bank senior vice president said.
The bank outlined eligibility and project rules selected by the city: the…
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