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The Housing Coordinating Team's

Technical Assistance Website

Review the vast array of programs, resources and financing options available to you.

Remember to stop and contact the Technical Assistance Team at any time during this process for advice and guidance.  Send questions to  housingTA@mt.gov

Browse through this series of websites and you will become much more knowledgeable about the programs and financing that is available for affordable housing projects in Montana.

Montana Department of Commerce website

Montana Department of Commerce
Find programs that improve the state's economy through business creation, assist Montana's entrepreneurs and businesses, promote tourism, protect historic sites, develop and improve public infrastructure and housing opportunities, provide financing for homeownership and rental assistance and manage the investments of state and local government funds.

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Community Development Division website

Community Development Division
Find information and financial assistance for planning, for constructing public facilities, for providing affordable housing for low and moderate income families and for renewing and improving neighborhoods, for community planning and growth management and for dealing with impacts from coal or hard rock mining and related development.

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Housing Division website

Housing Division
Find information about housing programs in Montana. Homeownership, Multifamily Housing, HOME Program, Section 8 Program. Find all necessary forms and applications. Find useful reports and resources: Homebuyer Education, Consolided Plan, The White Paper, Fair Housing, MTHousingSearch, Housing Coordinating Team, and Community Land Trust information.

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Housing Resource Directory

State of Montana Housing Resource Directory
Details and contact information for Federal Housing Programs, State Housing Programs, Montana Home Choice Coalition, NeighborWorks MT, Housing Montana, homeWord, Resources for Environmental Issues, Housing Rights, Fair Housing Advocates, Legal Assistance, MT Public Interest Research Group, Montana Landlords Association, Montana Legal Services Association, Disability Rights, Housing Authorities in Montana.

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Housing, Economic and Demographic Reports and Statistics Housing, Economic & Demographic Reports and Statistics
Analysis of Impediments to Fair Housing Choice, Montana Housing Needs Assessment, Economic Benefits of Montana Department of Commerce Housing Program Activities, Economic & Demographic Analysis of Montana, Mobile Home Decommissioning, Assessing Senior Assisted Living Needs, Montana Housing Condition Study.
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Low Income Housing Tax Credit Program Low Income Housing Tax Credits
This program provides the financing for a majority of the multifamily housing that is built each year in Montana for low-income families and seniors. The state receives approximately $3 million in credits each year, there is a competitive application process and credits are allocated to developers in April.  The credit is a reduction in the federal income tax liability over a 10 year period. The owner sells the tax credits to a syndicator for cash that is used for the project, reducing the need for debt, thus allowing the rent limitation and low-income occupancy requirements to be met.  The LIHTC program is often combined with other programs to ensure success.
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Homeownership Program Homeownership Program
The Montana Board of Housing issues tax-exempt Mortgage Revenue Bonds to provide funds which are used by the Homeownership Program to assist low and moderate-income Montanans in the purchase of their first home. The program has certain income requirements and house price restrictions and can be used in certain "targeted" areas by other than first-time homebuyers.  The Homeownership Program has several unique and special Set-aside mortgage programs which are used by our partners across the state to target assistance to special need populations. 
 
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Tenant-Based Section 8 Program

Project-Based Section 8 Program
The HUD Section 8 Low Income Rental Assistance Housing Programs provides rental assistance to very low income families throughout Montana. The vouchers are dispersed either as Tenant-Based Housing Choice Vouchers, which a person can use to rent the unit of their choice or Project-Based vouchers which are tied to a unit within a property.  When a person receives a voucher they may choose to apply for a unit in a Project-Based property.  Voucher holders pay a set amount towards rent and utilities, based on their gross adjusted income (currently 30%) and HUD provides subsidy payments to property owners on behalf of program participants for the remainder.

 

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HOME Investment Partnerships Program

HOME Investment Partnerships Program
The HOME program is a federal block grant program directed by the U.S. Department of Housing and Urban Development (HUD) and is designed to create affordable housing for low-income households. The Montana Department of Commerce (MDOC) is responsible for the administration of HOME within the state of Montana. MDOC provides HOME funds to community housing development organizations (CHDOs), public housing authorities (PHAs), and units of local government (counties and incorporated cities and towns) throughout the state, with the exception of Billings, Great Falls and Missoula (some exceptions may apply), which receive HOME fund allocations directly from HUD. An individual may not apply directly to the state HOME program.  Ask how to partner with a CHDO to access funding from HOME.

 

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Montana USDA Rural Development Housing Programs

Montana Rural Development USDA
Rural Development's mission is to improve the quality of life for rural Montanans by coordinating Federal assistance in rural areas of the state.  They do this with a wide selection of Housing and Community Facilities Progams and useful resources for property owners and developers.

 

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HUD

HUD
HUD supports the development, rehabilitation and maintenance of multiple-unit affordable housing through FHA mortgage insurance programs.  They provide capitol grants to non-profits for the construction and support of affordable housing for the elderly and persons with disabilities.