Consortium, loan announced for Fargo flood project

BISMARCK, N.D. (AP) — A $2.75 billion project aimed at protecting Fargo and Moorhead, Minnesota, from chronic flooding is gaining ground.

It’s getting a $569 million loan from the Environmental Protection Agency.

Also, local officials have picked an international consortium to build and provide some up-front capital for a key piece that involves diverting Red River floodwaters through a 30-mile channel.