Qualified Allocation Plan

The Qualified Allocation Plan is the governing document for Montana Housing Credits. The QAP is intended to ensure the selection of those developments which best meet the most pressing housing needs of Montanans in accordance with the guidelines and requirements established by the federal government and the requirements, considerations, factors, limitations, criteria and priorities established by the Montana Board of Housing.

 

Qualified Allocation Plan Documents

Use the appropriate Qualified Allocation Plan, with the corresponding forms and attachments, to guide your Housing Credits application. Contact us with any questions or problems you may have.

The draft 2023 Qualified Allocation Plan and the Qualified Contract is in the links below.  Please submit comments in writing by October 15, 2021 5:00 Mountain time to dochdmf@mt.gov If submitting comments on both, please send separate emails.

Draft 2023 Qualified Allocation Plan

Draft Qualified Contract


2022 Qualified Allocation Plan (Governor approved on November 13, 2020)  

2021 Qualified Allocation Plan (Governor approved September 24, 2019)

10% Certification:

8609 Certification:

Transfer of Partner:

Qualified Contract:

  • For information regarding Qualified Contracts please contact us.

The Housing Credit Application Process

The Montana Board of Housing requires that developers submit a Letter of Intent (LOI) and be invited to submit a full application. If you have questions, please contact us.

Please click here to access the application portal to submit your Letter of Intent. Letter(s) of Intent are due by April 12, 2021 5:00 PM MDT.

Please Click Here to pay the Letter of Intent Application Fee.

Letter of Intent Documents: These documents were updated 1/15/2021

Credit Amount (Board meeting 2/8/2021)
The Maximum Credit Per Project for 2022 credits will be 22.5% or an estimated $6,491,250. If the 12.5% boost is extended for the 2022 credits and beyond, the Maximum Credit Per Project will revert to 20% or an estimated $6,491,250. This was approved unanimously at the Board of Housing Meeting on February 8th, 2021. Although the percentages may change, the total amount of available credits for 2022 will now be $28,850,000. Click here for the complete board meeting minutes.