- Associated Press - Tuesday, July 28, 2015

BISMARCK, N.D. (AP) - A subsidiary of ExxonMobil that does business in the western North Dakota oil patch has contributed $5 million to North Dakota’s Housing Incentive Fund.

The money from XTO Energy Inc. is the single-largest contribution to the fund since its inception.

The fund is to help developers who pledge to build affordable and low-income housing. Those who contribute are eligible for dollar-for-dollar state tax credits.

Gov. Jack Dalrymple says the money from XTO Energy will support affordable housing projects in western North Dakota.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide