HomeMy WebLinkAbout07-20-22 Correspondence - Montana Housing - New Multifamily Loan Funding Resource Now AvailableFrom:Montana HousingTo:AgendaSubject:New Multifamily Loan Funding Resource Now AvailableDate:Wednesday, July 20, 2022 9:37:25 AM
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Montana Housing Banner
Montana Multifamily Homes
New Multifamily Loan Funding Resource NowAvailable
Montana Housing announced today a new loan funding resource is now
available through its Multifamily Loan Program.
This new loan funding resource may be used for residential rental homes
that are new construction, or an acquisition with substantial rehabilitation
with complete living units. Preservation projects are considered a priority.
Eligible applicants include for-profit, non-profit, and government entities.
The loan term is a 30-year, fixed-rate max, but Montana Housing will
consider other variations. The affordability term is a minimum of 15 years.
Questions? Contact our Multifamily team or visit HOUSING.MT.GOV.
This email was sent to agenda@bozeman.net using GovDelivery Communications Cloud on behalf of: MontanaDepartment of Commerce · P.O. Box 200501 · Helena, MT 59620-0501
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MONTANA DEPARTMENT OF COMMERCE
MONTANA HOUSING
301 S. PARK AVE. | PO BOX 200501 | HELENA, MT 59620-0501
P: 406.841.2840 | F: 406.841.2841 | TDD: 406.841.2702 | TOLL FREE: 800.761.6264
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