Federal Loan Guaranteed for Williston Oil Worker Housing
North Dakota's congressional delegation says the federal Agriculture Department's Rural Development agency will guarantee a $4.7 million loan for the construction of a new Holiday Inn hotel in Williston.By: Associated Press, WDAZ
BISMARCK, N.D. (AP) - North Dakota's congressional delegation says the federal Agriculture Department's Rural Development agency will guarantee a $4.7 million loan for the construction of a new Holiday Inn hotel in Williston.
Adequate housing has been a problem in western North Dakota because of the booming oil fields. Sens. Kent Conrad and John Hoeven and Rep. Rick Berg say North Dakota's oil-producing counties have 23,000 more people today they did a decade ago.
U.S. Housing and Urban Development Secretary Shaun Donovan visited the region last August to get a firsthand look at the housing and infrastructure needs.
Tags: north dakota, news, updates, economy, oil, federal, government
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