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HomeMy WebLinkAbout12-04-25 Correspondence - MT Dept of Commerce - Housing Coordinating Team MeetingFrom:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Housing Coordinating Team MeetingDate:Tuesday, December 2, 2025 2:31:14 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. Dec.11, 2025 Sunset Village in Sidney. Photo by Montana Department of Commerce. Sunset Village in Sidney. Photo by Montana Department of Commerce. Housing Coordinating Team Meeting Dec.11 at 10 a.m. The Montana Board of Housing, administratively attached to the Montana Department of Commerce, invites affordable housing developers and interested stakeholders to attend the Dec. 11 Housing Coordinating Team meeting to learn about the Board’s upcoming competitive spring application round for its multifamily loan programs. This meeting will cover the application process for the Growth and Opportunity Housing Trust approved with last session’s HB 924. With a new competitive funding round scheduled for spring 2026, this session will help understand how to apply and what makes an application competitive. A round robin discussion will be held, giving participants a chance to share updates and insights from across the state. Additionally, the meeting will cover the Board’s updated and combined Multifamily Loan Program Guidelines, proposed spring 2026 competitive application round timeline, estimated funds available for each program and will conclude with a question- and-answer session. The following loan programs will be discussed: Growth and Opportunity Housing – Housing Montana Fund (New) Growth and Opportunity Housing – Multifamily Homes Program (previously Coal Trust Multifamily Homes Program) MBOH – Housing Montana Fund MBOH – Multifamily Loan Program House Bill 924 establishing the Growth and Opportunity Housing fund provides for ongoing, statutory appropriations for affordable housing purposes for the first time in Montana’s history. The Montana Board of Housing is eager to work with partners to deploy these funds to benefit communities and low- and moderate-income families across the state. Administrative Rules to implement HB 924 were adopted on Nov. 7 and can be found here. It is recommended that attendees review the adopted Administrative Rules prior to the meeting and come prepared with any follow-up questions or project scenarios. While Board staff may not be able to answer all questions during the meeting, developers with additional project-specific questions can contact Jason Hanson, multifamily programs manager, at jason.hanson@mt.gov. Additionally, all potential applicants will be asked to schedule a pre-application meeting with Board staff before the application goes live. REGISTER AND JOIN ZOOM MEETING Montana Department of Commerce 301 S Park Ave, Helena, MT 59620 Contact Us: 406-841-2700 commerce.mt.gov 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 View as a webpage Unsubscribe Update your subscriptions, modify your password or email address, or stop subscriptions at any time on yourSubscriber 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