A group seeking to boost development along the Missouri River in Bismarck is closer to funding a project following the award of a $4 million state grant.
Riverfront development receives multi-million dollar grant kfyrtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kfyrtv.com Daily Mail and Mail on Sunday newspapers.
Mar 1, 2021
BISMARCK – The North Dakota Department of Commerce on Friday announced that $20 million in grant funds are available for round two of the Hospitality Economic Resiliency Grant PLUS which will be open for applications on March 9 at 10 a.m.
“North Dakota’s lodging sector lost more than $178 million in visitor spending in 2020 with demand continuing at depressed levels to start off 2021,” said Interim Commerce Commissioner Shawn Kessel. “These businesses are vital to our communities for visitors and the local workforce and supporting business.”
The Hospitality Economic Resiliency Grant PLUS expands the Hospitality Economic Resiliency Grant (HERG) to provide funding for the accommodation sector which includes hotels, motels, lodges, and resort establishments. The Hospitality Economic Resiliently Grant PLUS is intended to assist the state’s hotels, motels and lodging businesses who have been impacted by loss of revenue due to low occupancy rates as a result