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Downtown Bismarck Community Foundation outlines neighborhood reinvestment gains and new outreach efforts
Summary
The Downtown Bismarck Community Foundation reported on 2025 programs, including the Neighborhood Reinvestment Initiative (NRI) that increased its maximum eligible home value to $300,000 and drew 13 applications in 2025 totaling about $400,000 in proposed improvements.
Kate Herzog, representing the Downtown Bismarck Community Foundation, told the commission the foundation’s partnership with the city yielded several downtown initiatives and resources during 2025.
Herzog described the Neighborhood Reinvestment Initiative (NRI), a low‑interest loan program for older homes that this year raised its maximum eligible home value to $300,000. "In 2025, we had 13 applications that amounted to almost $400,000 in improvements," Herzog said, adding…
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