Cover photo for Biofuels PACE Program

Biofuels PACE Program

Bank of North Dakota


A Bank of North Dakota interest-buydown program that reduces the loan interest rate for North Dakota biodiesel, ethanol, and green-diesel facilities, and for value-added livestock (dairy/feeding) operations.


Eligibility

North Dakota biodiesel/ethanol/green-diesel facilities and value-added livestock operations (e.g., dairy and feeding operations). Arranged through a local lender.


Details

Financial Instrument

Loan

Maximum Award Amount

$500,000


Terms

Buys down the interest rate by up to 5.00%. Maximum buydown benefit is $500,000 for fuel facilities and $250,000 for value-added livestock operations.


Application Instructions

Apply through a partnering local lender for the interest buydown.



Updated September 1, 2026

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