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Home My WebLink About07-29-25 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 2, Issue 30From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 2, Issue 30Date:Thursday, July 24, 2025 2:01:22 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. July 24, 2025 – News, events, grants, loans and other funding opportunities Montana Department of Commerce Weekly Roundup The Weekly Roundup is a summary of events, news and information important to Commerce's constituents this week. Click on any topic for more information. Reminder to Grantees About Commerce Branding The Montana Department of Commerce has updated brand resources available for grantees to use when crediting Commerce’s sponsorship of an event, project, etc. The Commerce brand book, usage guidelines and downloadable logos are at commerce.mt.gov/public-participation/commerce-brand. Please refer to these resources when developing print or digital materials that will include the new Commerce logo, which was rolled out last year. The Commerce MarComms team is always happy to help with branding questions and can be reached by contacting CMO Mitch Staley at mitch.staley@mt.gov. Business The Wood Products Revolving Loan Fund is now accepting new applications under updated program guidelines. The program has transitioned to a loan participation structure for funding requests of up to $2 million and will continue to offer direct loans for amounts under $1 million. The application portal will remain open until all available funding has been committed to eligible businesses. Currently, the WP RLF has over $4.1 million available for lending. For any questions or more information please contact Program Specialist Chris Ryan at chris.ryan@mt.gov. The Montana State Small Business Credit Initiative 2.0 Loan Participation Program application portal for remaining Tranche Three funds are open through Aug. 1 to deploy remaining funds. Prospective borrowers are encouraged to start conversations now with their primary or participating lenders to prepare for what is likely the program’s final application window. Future opportunities will be supported through recycled SSBCI 2.0 funds as loans are repaid. The Montana State Small Business Credit Initiative 2.0 Loan Participation Program-Recycled Funds application is now open and will remain so for the duration of the program, with capital availability contingent on repayments from existing borrowers. A list of participating lenders with funds for recycling can be found on the SSBCI webpage. Native American Collateral Support Program funding available: The NACS Program is currently accepting applications; $116,763.43 in cash funding is available. For more information, contact Program Specialist Chris Ryan at chris.ryan@mt.gov or 406-841-2594. Housing Administrative Rules of Montana - Qualified Allocation Plan HB 924: Aug. 7. Montana Board of Housing Public Meeting: Aug. 11. Housing Coordinating Team Meeting: Aug. 14. Rachel Rohner, HUD-Veterans Affairs Supportive Housing Geriatric Specialist with the U.S. Department of Veteran Affairs-Rocky Mountain Region, will join as a guest speaker. Rachel will give an overview of site-based housing and service needs for homeless veterans in Montana, including geographic areas where need is the greatest, accessibility consideration and access to VA and other supportive services. The intent of this meeting is to connect the VA with Montana’s affordable housing development community to identify future opportunities for potential project-basing of HUD-VASH vouchers and to identify existing affordable housing that may be well suited for project-based VASH. Montana Board of Housing Public Meeting: Sept. 8. CDBG-Housing, HOME Investment Partnerships Program and National Housing Trust Fund applications are due Sept. 17. Commerce will have up to $3,150,000 in CDBG-Housing funds to award; $2,713,000 in HOME and $2,821,000 in HTF. Award decisions will be announced in November. The combined HOME and HTF application guidelines are available on the HOME or HTF web pages. An updated uniform application has also been posted. Draft CDBG-Housing Application Guidelines for housing development and rehabilitation will be available for public comment this summer. The newly proposed guidelines are simplified and similar to the HOME and HTF application guidelines. Infrastructure and Planning The Montana Department of Commerce is proposing updates to the Community Development Block Grant Planning Grant application guidelines, grant administration and application. The document is available for review and public comment from July 25 through Aug. 22. Commerce has scheduled a public hearing for Aug. 14 at 11 a.m. via Zoom. Comments on the draft can be submitted electronically to docadministrativerules@mt.gov, or via mail to Montana Department of Commerce, Community MT Division, 301 S. Park Avenue, PO Box 200501, Helena, MT 59620. Commerce News/Upcoming Events The Montana Heritage Commission's Living History Program presents "Living History Presentations": July 26-27 in Nevada City. Commerce is improving our communications to better serve you. Commerce is working to improve the many ways you interact with our programs and services through updated communication options. To give you more information via fewer emails, Commerce's updated communications will include the Commerce "Weekly Roundup" with news, events, grants, loans, funding opportunities and other important updates; a quarterly newsletter; press releases and urgent information when needed, like administrative rules making communications and other statutorily required notifications. You can update your subscriber preferences anytime. UPDATE PREFERENCES Montana Department of Commerce 301 S Park Ave, Helena, MT 59620 Contact Us: 406-841-2700 commerce.mt.gov View as a webpage Unsubscribe Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your This email was sent to comments@bozeman.net using GovDelivery Communications Cloud on behalf of: MontanaDepartment of Commerce · P.O. Box 200501 · Helena, MT 59620-0501 Subscriber Preferences Page. You will need to use your email address to log in. Discover information about additional topics at Commerce. Sign up for more topics. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. Montana Department of Commerce 301 S Park Ave, Helena, MT 59620 406-841-2700