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Montana Department of Commerce Announces $15 Million to Develop Affordable Homes

Now accepting applications to the Multifamily Coal Trust Homes Program

The Montana Department of Commerce announced Monday that for the first time, state dollars are now available to develop affordable rental homes. Commerce’s Montana Housing is accepting applications for the Multifamily Coal Trust Homes Program. The new program makes available $15 million of Coal Tax Trust Fund dollars to develop affordable rental homes by providing developers with low-interest rate loans.

Monday, December 9, 2019

8 Montana Communities Strive for New Affordable Housing Developments

More than $27 million will be awarded in November

Housing development under construction

The Montana Board of Housing this week selected eight housing developers to submit full applications for Housing Credits, the primary source of funding for affordable housing development in the nation.

 

Wednesday, June 28, 2017
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MONTANA OFFICE OF TOURISM AND BUSINESS DEVELOPMENT | MONTANA DEPARTMENT OF COMMERCE
301 S. PARK AVE. | P.O. BOX 200533 | HELENA, MT 59620-0533 |  T: 406.841.2870 |  F: 406.841.2871 | TDD: 406.841.2702

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