HomeMy WebLinkAbout04-30-24 Correspondence - MT Dept of Commerce - Housing Coordinating Team Meeting on May 9From:Montana HousingTo:AgendaSubject:[EXTERNAL]Housing Coordinating Team Meeting on May 9Date:Tuesday, April 30, 2024 1:38:31 PM
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Topic: Tax Increment Financing
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Montana Affordable Homes
Housing Coordinating Team MeetingMay 9, 2024
Topic: Tax Increment Financing
The Montana Department of Commerce's Housing Division invites you to
Housing Coordinating Team (HCT) virtual meetings to discuss all things
affordable homes in Montana.
Learn more about resources to fund affordable housing developments, and
hear about new legislation and housing sector topics. Additionally, Montana
experts can help your team find new, creative ways to produce and sustain
additional housing units.
During the May 9 meeting, attendees will hear informational updates from
Nathan Bilyeu of Jackson, Murdo & Grant, P.C. on Tax Increment Financing
(TIF). Additionally, we will hear from Bozeman Mayor Terry Cunningham
and Fort Benton Mayor Lanny Walker regarding their experiences with Tax
Increment Financing.
The meeting starts at 11 a.m.
Meeting agenda
Register Here Teal
Or, join by phone:
Dial: 1.646.558.8656
Meeting ID: 834 7639 2090
Passcode: 080319
Announcements and Upcoming Events
Qualified Allocation Plan Workshops
The Qualified Allocation Plan (QAP) 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.
The Montana Board of Housing hosts a series of QAP workshops each year
to identify areas for possible revision or updates in partnership with
affordable housing developers and other interested stakeholders.
QAP Kickoff Meeting - May 2, 2024
Register and join via Zoom here.
QAP Meeting 2 - June 6, 2024
Register and join via Zoom here.
QAP Meeting 3 - July 11, 2024
Register and join via Zoom here.
Updated HOME and HTF income and rent limits becomeeffective June 1, 2024
The new limits are posted on HUD’s web pages:
https://www.hudexchange.info/programs/home/home-income-limits/
https://www.hudexchange.info/programs/home/home-rent-limits/
https://www.hudexchange.info/programs/htf/htf-income-limits/
https://www.hudexchange.info/programs/htf/htf-rent-limits/
We’re excited for the continued opportunity to host HCTmeetings. See you soon!
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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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