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Williston adopts $2 million home-repair loan program with Gate City Bank
Summary
The Williston Board of City Commissioners approved Resolution 26-007 to administer a Gate City Bank Neighborhood Revitalization Program that makes $2 million in loans available to owner-occupants for home repairs, with loan amounts of $10,000–$100,000 and terms of 10–15 years.
The Williston Board of City Commissioners on March 10 approved Resolution 26-007 to administer a Neighborhood Revitalization Program (NRP) sponsored by Gate City Bank that will make $2,000,000 available in loans for home repairs and improvements.
Mark Schneider, director of Development Services, told the board the program will offer loans from $10,000 to $100,000 with 10- or 15-year repayment terms and interest rates “as low as 4.50% APR.” Eligible projects include foundation repairs, exterior updates (roofing, siding, windows), major interior renovations and upgrades to essential systems such as HVAC, electrical and plumbing; safety-related work such as radon mitigation and water/sewer line repairs is also eligible. Owner-occupants within Williston city limits whose homes are assessed at $325,000 or less may apply; mobile homes and triplexes are excluded. The application window opens March 16, 2026, and closes Oct. 31, 2026.
Schneider said Gate City Bank has funded roughly 10–15 projects a year in similar programs and that the City will administer applications and forward approved loan files to the bank for underwriting and loan processing. If a loan is approved, applicants must obtain a building permit from the Building Department.
Commissioners raised operational questions about program details and whether painting or tree removal would be covered by alternative weatherization programs for low-income owners. Schneider said the city can direct residents to other weatherization resources when appropriate. The board voted 4–0 to approve Resolution 26-007 (AYE: Bekkedahl, Bervig, Gjovig, Klug). The city will accept applications starting March 16.
