New Down Payment Assistance Program Aims to Shrink Affordability Gap for Montana Homebuyers

HELENA, Mont. – Montana homebuyers now have a new tool available to help make homeownership a reality. The Montana Board of Housing at the Montana Department of Commerce has launched the MBOH Plus 0% Deferred Down Payment Assistance Program, or MBOH Plus, created to make purchasing a home easier with down payment and closing costs assistance.

Thursday, July 20, 2017
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VIDEO: How Homebuyer Education Helps More Montanans Become First-Time Homeowners

June is National Home Ownership Month

Homebuyer education video screengrabs

For many Montanans, making a first-time home purchase can seem complicated and out of financial reach. But the Montana Department of Commerce and its partner organizations are offering classes to help prospective homebuyers learn about resources available when buying their first home.   

Wednesday, June 7, 2017

Montana Commerce Director Presents Lifetime Achievement, Housing Champion Awards at Annual Conference

MBOH’s Top Statewide Participating Lender Award goes to Opportunity Bank

Montana Department of Commerce Director Pam Haxby-Cote Wednesday presented awards to the state’s affordable housing champions at the Annual Montana Housing Partnership Conference in Great Falls. 

Wednesday, May 10, 2017

How Montana is Working to Break Down Barriers to Fair Housing

Guest Column by Bruce Brensdal and Jennifer Olson

Beautiful image of Helena from atop Mount Helena.

There’s no better place to live, work, and play than Montana. Building a successful life here starts with having an affordable and accessible place to call home. Still, for many Montanans finding a stable home can come with barriers. We know families are encountering rising housing costs, a low supply of affordable apartments, and housing choice barriers. Every day our teams here at the Montana Department of Commerce are working to break down these barriers and make access to safe housing affordable and accessible.

Friday, April 21, 2017

Moody’s Upgrades Montana Board of Housing Rating

Montana Board of Housing’s rating has been upgraded to A1

Credit: woodleywonderworks, Flickr Creative Commons

The Montana Board of Housing’s credit rating has been upgraded by Moody’s Investors Service which will result in the board being able to provide more low-interest mortgages to Montanans.

Tuesday, April 11, 2017

April is Fair Housing Month

Montana Department of Commerce continues to advocate for access to safe, stable housing

Big Boulder Apartments were built in 2009

April is Fair Housing Month, and the Montana Department of Commerce continues to work with landlords, tenants and property managers to ensure more folks have access to safe and stable housing.

Monday, April 10, 2017

Montana Board of Housing Boosts Access to Affordable Homes After $42 Million Bond Sale

Picture includes entire group of financial advisors for the Montana Board of Housing that is required for each bond issue.

The Montana Board of Housing has sold nearly $42 million in bonds with the proceeds of that sale going to fund loans for first-time homebuyers.

Tuesday, March 28, 2017
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HOUSING DIVISION | MONTANA DEPARTMENT OF COMMERCE
301 S. PARK AVE, STE 240 | PO BOX 200528 | HELENA, MT 59620-0528 | P: (406) 841-2840 | F: (406) 841-2841 | TDD: (406) 841-2702 | TOLL FREE: (800) 761-6264