HomeMy WebLinkAbout03-19-26 Correspondence - Montana Department of Commerce - Commerce Weekly Roundup - Volume 3, Issue 11From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 3, Issue 11Date:Thursday, March 19, 2026 2:04:40 PM
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March 19, 2026 – 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.
Housing
Montana Board of Housing public meeting: April 14
Public Hearing: Fiscal Year 2027 Public Housing Authority Annual Plan and
Administrative Plan: April 15 at 10 a.m. Commerce announces the public hearing for
the Fiscal Year 2027 Public Housing Authority Annual Plan and Administrative Plan for
the Housing Choice Voucher Program, the Moderate Rehabilitation Program and
related voucher programs.
The PHA Annual Plan, which includes the 2027 Administrative Plan, has been
developed and published to incorporate new federal regulatory requirements and other
administrative modifications. The public is now encouraged to review the draft
document and provide feedback.
The hearing will be held on Zoom; presentation materials will be available
on Commerce’s website in advance. The hearing will give attendees an opportunity to
respond to Commerce’s FY2027 PHA Annual Plan and Administrative Plan.
Commerce will consider any comments or views provided orally during the public
hearing or in writing during the comment period from March 2 to April 15, 2026, at 5
p.m.
Infrastructure and Planning
The Uniform Application for Montana Public Facility Projects, which is part of
Commerce’s Montana Coal Endowment Program’s application, has been
updated and is available for use. The updates include a preliminary engineering
report outline with requirements for irrigation projects, an application that now requests
information regarding short-lived assets and contact information including links and
phone numbers.
The Montana Coal Endowment Program will host a pre-application training for
the 2029 Biennium MCEP Application and Guidelines application cycle. The
training will be held in person at 301 S. Park Ave. in Room 228 and via Zoom on March
20 at 10:30 a.m. This training will cover updates to the 2029 biennium application
guidelines and walk prospective applicants through details of the ranking criteria.
Commerce will accept applications for the Montana Coal Endowment Program now
through May 19 at 11:59 p.m. Application guidelines can be found on the MCEP web
page; eligible parties should visit the grants and loans portal to apply.
The Montana Coal Board will hold its next quarterly meeting on June 4 in Billings.
Grant applications to be considered at this meeting are due no later than midnight on
April 20. Visit the grants and loans portal to apply.
The Montana Main Street and Downtown Conference is now accepting
registrations. The conference will be held in Glasgow, April 29-May 1.
Business
The Opportunities in Rural Economies Program is accepting applications from
economic development organizations to enroll in the program through our online
application portal. The enrollment period is open-ended; organizations that are
engaged in active economic development are encouraged to apply.
Lenders interested in participating in the ORE Loan Participation Program are
encouraged to contact program staff for more information and, if eligible, will be
required to execute a General Lender Loan Servicing Agreement with the Montana
Department of Commerce. For more information, contact Business Resource Partner
Josh Bennett at 406-841-2748 or josh.bennett@mt.gov.
The Wood Products Revolving Loan Fund is 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
approximately $1.4 million available for lending. For more information, contact Program
Specialist Chris Ryan at chris.ryan@mt.gov.
The Montana State Small Business Credit Initiative 2.0 Loan Participation
Program-Recycled Funds application is 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 is on the SSBCI web page.
Native American Collateral Support Program funding is available. The NACS
Program is accepting applications online, which can be found on the website under
“Application Process.” Currently, approximately $61,235 in cash funding is available.
For more information, contact Program Specialist Chris Ryan at chris.ryan@mt.gov or
406-841-2594.
The Rural Tourism Asset Grant Program is accepting applications through April 2.
The TAG Program supports projects that strengthen rural communities by enhancing
visitor experiences with amenities, improving tourism assets and fostering economic
growth. Visit the link to find archived webinars, grant guidelines, a pdf version of the
application, the budget template and scoring information.
The Goldman Sachs 10,000 Small Businesses Program is returning to Montana.
Applications are open until May 18 for this tuition-free, 12-week program. One-on-one
advice and personalized guidance, as well as better tools, clearer financials, stronger
strategy and a trusted peer network will be offered to help grow small businesses.
Participants will learn from experienced faculty and join a national community of
entrepreneurs who keep collaborating long after graduation. Businesses must be at
least two years old, have at least two employees and revenues over $75,000 in the
most recent fiscal year. Classes start in September.
Join Commerce’s export team for a trade mission to Argentina and Uruguay,
Sept. 7-11, to initiate or expand your business profile. Montana companies are well-
positioned to benefit from exports and increase their international sales in these
countries. For more information, contact our export team.
Commerce News/Upcoming Events
Montana Makers Invited to Use State Brand
Helena Business Wins Retailer of the Year Award at 2026 Made in Montana Trade
Show
The Voices of Montana radio show broadcast live from the Made in Montana
Trade Show Wholesale Buyer Day on March 13. Listen to interviews with the
Retailer of the Year and other Montana business owners, who share their challenges
and successes.
Commerce Awards Economic Impact and Destination Event Grants
Commerce Awards Small Business Grants to 26 Native-Owned Businesses in
Montana
Commerce Announces 2026 Concessionaires in Virginia City and Nevada City
Havre’s Northern Montana Hospital recently broke ground on a new surgery
center and ICU. While adding 31,000 square feet of new construction and remodeling
18,000 more, the hospital will continue to serve patients along the Hi-Line during
construction. The project was financed by $45 million in bonds from the Montana
Facility Finance Authority, which is administratively attached to Commerce. This
includes $15 million through the MFFA’s Master Loan Program, where the bonds carry
a guarantee from the Montana Board of Investments. To read the full story in the Havre
Weekly Chronicle, visit https://shorturl.at/4Hiq6.
Commerce Housing Division Administrator and Montana Board of Housing
Executive Director Cheryl Cohen and MBOH Board Vice Chair Shelia Rice were
recently interviewed by KGPR-Great Falls Public Radio. The discussion included
mention of MBOH's new Growth and Opportunity Housing Loan Program, which is
accepting applications through April 13.
Montana Board of Housing Annual Compliance Conference: April 27-30 at
Fairmont Hot Springs Resort. The training's agenda is being finalized, but a general
timeline includes:
Event check-in: April 27 at 9 a.m.
LIHTC instruction begins: April 28, 8 a.m.-5 p.m.
LIHTC instruction continues: April 29, 8 a.m.-5 p.m.
HCCP exam: April 30 (morning)
A block of rooms has been set aside for attendees at the state lodging rate. Contact
Fairmont Hot Springs Resort directly to reserve your lodging; be sure to mention you're
attending the MBOH Annual Compliance Conference. Registration is $550 per
attendee. Click here to register.
World Trade and Investment Day will be held May 12 in Butte. This event brings
together exporters, importers, investors, policymakers and service providers to explore
global market opportunities, supply chains, foreign direct investment and the real-world
challenges Montana firms face doing business internationally.
Register now for the 2026 Housing Partnership Conference, May 18-20 at
Fairmont Hot Springs Resort. Early bird pricing is available for a limited time. This
conference brings together housing professionals, policymakers, developers and
advocates from across the state and nation to explore innovative solutions, share
expertise and collaborate on the future of affordable housing in Montana. This year’s
agenda features inspiring plenaries, practical breakout sessions and meaningful
networking opportunities designed to strengthen housing solutions across our state.
The Montana Heritage Commission will meet June 5 at 9 a.m. via Zoom.
Registration is required; click the Zoom link in advance to do so.
Save the date for the 2026 Montana Department of Commerce Governor’s
Conference on Tourism, Sept. 16-18 in Great Falls. The event brings together more
than 350 tourism and business professionals to educate, network and inspire one
another. More information will be available on the conference website when
registration opens this spring.
UPDATE SUBSCRIBER PREFERENCES
Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
Contact Us: 406-841-2700
commerce.mt.gov
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Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
406-841-2700