Montana Board of Housing

The Montana Board of Housing’s purpose is to support the development of safe, accessible and affordable homes for individuals and families in Montana. The board does this by partnering with organizations that provide affordable homes in Montana, issuing tax-exempt bonds, allocating federal Low-Income Housing Tax Credits, and administering federal housing programs.

The board provides policy direction for all of Montana Housing’s programs, except for the rental assistance programs. The Board is self-supporting, does not receive appropriations from the state's general fund and is administratively attached to the Montana Department of Commerce.

The Montana Board of Housing was created under the Montana Housing Act of 1975 and is comprised of seven members appointed by the governor and confirmed by the state senate.

For questions about Board of Housing meetings, watch our Meetings, Events, and Training page or subscribe to receive Board of Housing email updates.

 

2021

November 15 Board Agenda, and Packet - Minus Draft Minutes
November 15 Board Meeting Minutes (Audio)

October 18 Board Agenda, Minutes and Packet
October 18 Board Meeting Minutes  (Audio)

September 14 Board Agenda, Minutes and Packet
September 14 Board Meeting Minutes (Audio)

August 4 Board Agenda, Minutes and Packet
August 4 Board Meeting Minutes  (Audio)

May 25 Board Agenda, Minutes and Packet
May 25 Board Meeting Minutes (Audio)

May 24 Board Agenda, Minutes and Packet
May 24 Board Meeting Minutes (Audio)

March 8 Board Agenda, Minutes and Packet 
March 8 Board Meetings Minutes (Audio)

February 8 Board Agenda, Minutes and Packet
February 8 Board Meetings Minutes (Audio)

2020

November 2 Board Agenda, Minutes and Packet
November 2 Board Meeting Minutes (Audio)

October 19 Board Agenda, Minutes and Packet
October 19 Board Meeting Minutes (Audio)

September 15 Board Agenda, Minutes and Packet
September 15 Board Meeting Minutes (Audio)

August 05 Board Agenda, Minutes and Packet
August 05 Board Meeting Minutes (Audio)

May 18 and 19 Board Agendas, Minutes and Packets
May 19 Board Meeting Minutes (Audio)
May 18 Board Meeting Minutes (Audio)

April 6 Board Agenda, Minutes and Packet
April 6 Board Meeting Minutes (Audio)

February 10 Board Board Agenda, Minutes and Packet
February 10 Board Meeting Minutes (Audio)

2019

October 28 Board Agenda, Minutes and Packet
October 28 Board Meeting Minutes (Audio)

September 24 Board Agenda, Minutes and Packet
September 24 Board Meeting Minutes (Audio)

September 10 Board Agenda, Minutes and Packet
September 10 Board Meeting Minutes (Audio)

August 7 Board Agenda, Minutes and Packet
August 7 Board Meeting Minutes (Audio)

June 17 Board Agenda, Minutes and Packet
June 17 Board Meeting Minutes (Audio)

May 21 Board Agenda, Minutes and Packet
May 21 Board Meeting Minutes (Audio)

May 20 Board Agenda, Minutes and Packet
May 20 Board Meeting Minutes (Audio)

April 5 Board Agenda, Minutes and Packet
April 5 Board Meeting Minutes (Audio)

February 11 Board Agenda, Minutes and Packet
February 11 Board Meeting Minutes (Audio)

2018

December 18 Board Agenda, Minutes and Packet
December 18 Board Meeting Minutes (Audio)

November 19 Board Agenda, Minutes and Packet
November 19 Board Meeting Minutes (Audio)

September 11 Board Agenda, Minutes and Packet
September 11 Board Meeting Minutes (Audio)

August 8 Board Agenda, Minutes and Packet
August 8 Board Meeting Minutes (Audio)

June 4 Board Agenda, Minutes and Packet
June 4 Board Meeting Minutes (Audio)

April 30 Board Agenda, Minutes and Packet
April 30 Board Meeting Minutes (Audio)

February 13 Board Agenda, Minutes and Packet
February 13 Board Meeting Minutes (Audio)

January 8 Board Agenda, Minutes and Packet
January 8 Board Meeting Minutes (Audio)

2017

December 12 Board Agenda, Minutes and Packet
December 12 Board Meeting Minutes (Audio)

November 20 Board Agenda, Minutes and Packet
November 20 Board Meeting Minutes (Audio)

September 11 Board Agenda, Minutes and Packet
September 11 Board Meeting Minutes (Audio)

August 14 Board Agenda, Minutes and Packet
August 14 Board Meeting Minutes (Audio)

June 26 Board Agenda, Minutes and Packet
June 26 Board Meeting (Audio)

May 8 Board Agenda, Minutes and Packet
May 8 Board Meeting (Audio)

March 14 Board Agenda, Minutes and Packet
March 14 Board Meeting (Audio)

January 23 Board Agenda, Minutes and Packet
January 23 Board meeting (Audio)

 

The following Montana Board of Housing resources have been curated for Board members to understand state and federal policies that guide the programs the Board oversees.

 

Huber vs Groff

1976 description of the proposed programs of the Housing Board. This is an original proceeding brought by Charles W. Huber, against the members of the Board of Housing seeking a declaratory judgment pursuant to Chapter 89, Title 93, Revised Codes of Montana 1947. Mr. Huber seeks to have the "Housing Act of 1975" declared unconstitutional.

 

Executive Order

Executive Order No. 2-87 - Executive Order designating the Montana Board of Housing to Administer the Low-Income Housing Tax Credit, 1987.

 

Montana Code Annotated

Montana Code Annotated 2017 2.2.201 Public officers, employees, and former employees not to have interest in contracts.

Montana Code Annotated 2017 2.3.201 through 2.3.114 Open Meetings

Montana Code Annotated 2017 2.15.1814 Board of housing -- allocation -- composition -- quasi-judicial.

Montana Code Annotated 2017 2.15.122 Creation of advisory councils.

Montana Code Annotated 2017 2.15.123 Administratively created agencies -- prohibition.

Montana Code Annotated 2017 2.15.124 Quasi-judicial boards.

Montana Code Annotated 2017 2.15.155 State agency board, committee, commission, or advisory council member information to be published.

Montana Code Annotated 2017 2.15.1814 Board of housing -- allocation -- composition -- quasi-judicial.

Montana Code Annotated 2017 15.6.221 Exemption for rental housing providing affordable housing to lower-income tenants.

Montana Code Annotated 2017 17.5.1301 through 17.5.1325 Montana Unified Volume Cap Bond Allocation Plan Act

Montana Code Annotated 2017 32.9.104 Exemptions - Proof of Exemption (concerning Montana Mortgage Act, in relation to Residential Mortgage Brokers, Lenders, Servicers, and Loan Originators)

Montana Code Annotated 2017 80.12.216 Agricultural loan guaranty fund.

Montana Code Annotated 2017 90.6.101 through 90.6.136 Financing of Housing

 

Housing Montana Fund

Montana Code Annotated 2017 90.6.131 Legislative declaration

Montana Code Annotated 2017 90.6.132 Definitions

Montana Code Annotated 2017 90.6.133 Housing Montana fund - administration

Montana Code Annotated 2017 90.6.134 Housing Montana fund - loan capital restricted to interest on principal - eligible applicants

Montana Code Annotated 2017 90.6.135 Coordination with other programs

Montana Code Annotated 2017 90.6.136 Administrative rules

State Ethics Policy

 

Reverse Annuity Mortgage Loan

Montana Code Annotated 2017 90.6.501 through 90.6.507 Reverse Annuity Mortgage Loan

 

Montana Veterans' Home Loan Mortgage Program

Montana Code Annotated 2017 90-6-601 Short title. Montana Veterans' Home Loan Mortgage Program Act.

Montana Code Annotated 2017 90-6-602 Definitions. Montana Veterans' Home Loan Mortgage Program Act.

Montana Code Annotated 2017 90-6-603  Veterans' home loan mortgage program created - use of coal tax trust fund money.

Montana Code Annotated 2017 90-6-604  Additional terms of program. Montana Veterans' Home Loan Mortgage Program Act.

Montana Code Annotated 2017 90-6-605  Rules to be adopted by board. Montana Veterans' Home Loan Mortgage Program Act.

 

Administrative Rules

Administrative Rules of Montana 8.1.101 Organizational Rule

Administrative Rules of Montana 8.2.101-8.2.401 Department Rules

Administrative Rules of Montana 8.111.101-8.111.603 Board of Housing

Administrative Rules of Montana 8.111.501 PURPOSE OF REGULATIONS (explanation and guidance for Housing Montana fund)

Administrative Rules of Montana 8.111.701 Purpose and Objective of Montana Veterans' Home Loan Act

 

Policies

Ex Parte Communication Policy

Investment Policy

Legislative Communications Policy Handbook

Sheila Rice - Board Chair (Great Falls)
Current Term: January 6, 2019 to January 1, 2023

Sheila was Executive Director of NeighborWorks Great Falls from 2003 to 2018 as well as ED of NeighborWorks Montana from 2003 to 2015. In 2019, she held an interim position as Chief Operating Officer at NeighborWorks America.  In 2007, she completed the Achieving Excellence Program at Kennedy School of Government at Harvard University. She was selected as the national NeighborWorks’ Emerging Leader of the Year in 2007 and received HUD's Lightning Rod Mover and Shaker Award in 2009. Sheila holds a BS in Chemistry and an MBA. She served in the Montana House of Representatives in 1991 and 1993 legislative sessions, and was a member of the Montana Redistricting Commission in 2000.  

Bruce Posey - Board Vice Chairman (Billings)
Current Term: January 4, 2021 to January 5, 2025

Bruce is a native of Montana and was raised in Kalispell. He earned his BA in Business from the University of Montana and his MS in Finance and Real Estate from Colorado State University. He is also a Certified Mortgage Banker. After a 36 year career Bruce retired from the mortgage banking business, the last 29 years of which he was the owner of Streeter Brothers Mortgage Corp. Streeter Brothers was a true mortgage banker originating and servicing loans. At one point it serviced over 70 percent of all Montana Board of Housing loans, residential and multifamily. Bruce was a Governor of the Mortgage Bankers Association of America as well as the Independent Director of the Mortgage Electronic Registry System (MERS).

Adam Hertz - Board Secretary (Missoula)
Current Term: January 4, 2021 to January 5, 2025

Adam was raised in Polson and attended the University of Montana, where he graduated with a degree in Finance. In 2011, he became the youngest Representative ever elected to the Missoula City Council, where he served for four years. In 2016, Adam was elected to represent House District 96 in the State Legislature where he served on the Taxation, Local Government and Energy, Technology and Federal Relations Committees and the Local Government Interim Committee. He has served on several non-profit boards, including six years on the board of Habitat for Humanity of Missoula, where he was elected Board President. Professionally, Adam is a Real Estate Developer and helps lead a real estate sales team with his wife, Brittni. The couple has three daughters.

Jeanette McKee (Hamilton)
Current Term: January 6, 2019 to January 1, 2023

Jeanette is a former legislator, and has served as development officer of the Montana Historical Society Foundation and as an advisor to the National Trust for Historic Preservation. She's currently a real estate agent in Hamilton and serves on the Daly Mansion Board. She holds a bachelor's degree in elementary education from the University of Montana.

Robert Gauthier (Ronan)
Current Term: January 6, 2019 to January 1, 2023

Bob has worked for the Confederated Salish and Kootenai Tribes for 25 years in various positions, including consumer credit counselor and director of the housing authority. Bob, a former consultant and the chairman of Eagle Bank in Polson, is currently involved full-time in the development and the management of real estate and has developed specialized training and technical assistance for Indian housing resources. Bob has served on many boards, including as a presidential appointee to the Community Development Financial Institutions (CDFI) Advisory Board.

Charles Robison (Helena)
Current Term: January 4, 2021 to January 5, 2025

Prior to his appointment, Charles spent three years as the Montana State Director for Rural Development at the USDA.  As State Director, he oversaw nearly $200 million in annual USDA loans and grants for rural homes, apartment buildings, fire stations, sewer systems, clean drinking water systems, hospitals, grain elevators, business incubators, community centers, a barley malting plant and fiber optic connections for homes and businesses across Montana. A Montana native, Charles grew up irrigating hay fields and working cattle on his grandparents’ ranch near Ennis. He enjoys hunting, fishing, building snowmen with his kids and teaching them to ski.

Cari Yturri (Great Falls)
Current Term: January 4, 2021 to January 5, 2025

Cari Yturri has been a Great Falls community volunteer ever since selling her auto dealership, Bennett Motors Inc., in 2015. As an auto dealer, she served on General Motors Women’s Retail Initiative Board for five years and on the Montana Auto Dealers Association Board for three in addition to serving on several local boards. After retiring, she graduated from Leadership Montana in 2017 and is currently serving as a Trustee on the University of Providence Board, on the NeighborWorks Great Falls Board of Directors and on the Rotary Club of Great Falls Board. Cari received her Bachelor of Business Administration from Gonzaga University and her Master of Organizational Leadership from the University of Providence.