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HomeMy WebLinkAbout05-19-26 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 3, Issue 19From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 3, Issue 19Date:Thursday, May 14, 2026 2:01:19 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. May 14, 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. Commerce News/Upcoming Events Missoula SBDC Advisor Wins National Award for Excellence Housing Credit Applicants Invited for Full Application: At the May 11 Montana Board of Housing public meeting, 11 developers presented their Housing Credit project proposals to the Board. On May 12, the Board invited eight developers to submit a full Housing Credit application. Final Housing Credit allocation decisions will be made by the Board at its Oct. 20, 2026 public meeting in Miles City. A virtual option will be available for members of the public. Congratulations to the following projects and communities which made the first cut for this highly competitive resource: Franklin Crossing: Missoula Glacier View Senior: Columbia Falls Libby Plaza 1 and 2: Libby Homes on the Range: Roundup Tumbleweed Court: Deer Lodge Granite Peaks Apartments: Butte Majestic Landing: Billings Mountain Goat Court: Havre The Montana Heritage Commission seeks concessionaires interested in running business operations in Virginia City and Reeder's Alley in Helena. A list of currently available opportunities is at commerce.mt.gov. Please email mhc@mt.gov with any questions. The Income and Poverty Dashboard on Commerce's Community Planning Platform is compiled by the Census and Economic Information Center within Research Information Services to make economic data accessible to all Montana communities. This information supports development planning by identifying community needs and opportunities which assist in attracting businesses and investment. From 2019 to 2024, Montana showed meaningful improvements; poverty dropped to 10.2% and median household incomes rose, indicating greater financial stability and increasing potential for economic growth. 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. Registration is now open for the 2026 Montana Department of Commerce Governor’s Conference on Tourism. This year’s conference will be held Sept. 16-18 in Great Falls. The event brings together more than 350 tourism and business professionals for education, networking and inspiration. In place of standard breakout sessions, immersive rural experiences will be offered instead. These sessions will offer hands-on learning designed to show attendees what Montana's landscapes need to thrive. Register by June 30 for early bird pricing. Housing Montana Board of Housing Public Meeting: June 8. This public meeting will include the Board’s consideration of submitted loan applications. Montana Board of Housing Public Meeting: July 20. The Montana Department of Commerce works together with the Montana Department of Public Health and Human Services on the intersection of housing and healthcare. As part of the collaborative efforts, Commerce is amplifying the following Rural Health Transformation opportunity for vendors and subcontractors, recently released by DPHHS. DPHHS is offering a networking opportunity for vendors to explore potential partnerships before submitting their responses to the Rural Health Transformation Program solicitations. DPHHS is developing a shared directory to aid communication among potential collaborators. If your organization is interested in connecting with others who may wish to participate in RHTP initiatives, complete the Contact Information for Vendors and Subcontractors Form to be included in the directory. The information that is collected will be shared on the DPHHS RHTP website. Participation is intended to support networking and the exchange of information related to the upcoming RHTP solicitations. Organizations that intend to submit as primary vendors may find potential subcontractors through this list; others may find value in exploring potential collaborations for joint submissions through this resource. The directory will remain up through the end of this calendar year and possibly into the future. Participation in this form is entirely voluntary and optional. Submission does not guarantee a partnership, subcontracting opportunity or contract award. For more information about becoming a vendor with RHTP, visit the Information for Vendors page.  Infrastructure and Planning The Lead Service Line Technical Assistance Program migrated to the Montana Department of Environmental Quality on May 9. Contact Jayde Duysen at DEQ at jayde.duysen@mt.gov or 406-444-0917 for more information or help regarding lead service lines. The Montana Main Street Program seeks additions to its MMS murals catalog. MMS members may submit a mural by visiting the project's web page. 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. 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 Community Development Block Grant Planning Program will accept applications for a third round of funding starting May 26 through 11:59 p.m. on July 10. Application guidelines are available on the CDBG planning web page. The Montana Coal Board is hosting a public quarterly meeting June 4, at 8:30 a.m. The meeting is at the Hilton Garden Inn, 2465 Grant Road, Billings or can be attended virtually. Business The Opportunities in Rural Economies Program is accepting applications from economic development organizations through its online application portal. The enrollment period is open-ended; organizations engaged in active economic development are encouraged to apply. Lenders interested in participating in the ORE Loan Participation Program may contact program staff for more information and, if eligible, will be required to execute a General Lender Loan Servicing Agreement with 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. The program offers a loan participation structure for requests up to $2 million and continues to provide direct loans to eligible businesses for amounts under $1 million. The application portal will remain open until all available funds are committed, with approximately $1.4 million currently available. 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 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. Montana companies are well-positioned to benefit from exports and increase their international sales in these countries. For more information, contact our export team. Join Commerce’s export team for a trade mission to India, Oct. 5-9, to initiate or expand your business profile there. For more information, contact our export team. UPDATE SUBSCRIBER PREFERENCES 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