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HomeMy WebLinkAbout07-02-26 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 3, I..From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 3, Issue 26Date:Thursday, July 2, 2026 2:02:07 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 2, 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. Infrastructure and Planning 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 Community Development Block Grant Planning Program will accept applications for a third round of funding now through 11:59 p.m. on July 10. Application guidelines are available on the CDBG planning web page. Apply through the grants and loans portal. The Community Technical Assistance Program is available to help with community planning needs, including growth policies, subdivision regulations, downtown master plans or long- or short-range planning. Contact the CTAP team for more information. The Montana Coal Board will hold its next quarterly meeting on Sept. 10 in Billings. Grant applications to be considered at this meeting are due no later than 11:59 p.m. on July 27. Visit the grants and loans portal to apply. Commerce is proposing updates to the Community Development Block Grant Program’s Public and Community Facilities application guidelines. The draft document is available for review and public comment through July 3. Comments can be submitted electronically to docadministrativerules@mt.gov or via mail to Montana Department of Commerce, Community MT Division, 301 S Park Ave., PO Box 200501, Helena, MT 59620. Business The Montana Department of Commerce has released revised guidelines for the Montana Automation Financing Program, formerly the Montana Automation Loan Program. The Montana Automation Financing Program suite now includes a direct loan product and a collateral support product for Montana manufacturers. Commerce invites public comment on the proposed guidelines before finalizing them. Comments will be accepted until July 15 at 5 p.m. The draft guidelines are available at commerce.mt.gov. This is not a formal rulemaking process under Title 2, Chapter 4, of the Montana Code Annotated. Commerce will finalize and post the following proposed guidelines after giving the public an opportunity to comment. Send comments relating to the guidelines to businessmt@mt.gov. If you need an accommodation, email businessmt@mt.gov or call 406‑841‑2770. The Montana Facility Finance Authority will host a free, in-person educational session in Billings on Wednesday, July 22 from 7:30-9 a.m. at the Billings Library Community Room, 510 N Broadway. This discussion will explore tax-exempt and taxable bonds and how Montana’s C-PACE Program, Last Best PACE, can be leveraged to finance development projects, create opportunities for expansion and support long-term financial goals. The session will be followed by Q & A. RSVP to mffa@mt.gov by Monday, July 20. The Small Business Innovation Research/Small Business Technology Transfer Matching Funds Program opened for applications on July 1, 2026 via the online application portal and will close on April 30, 2027. The Matching Funds Program assists technology-based Montana companies by providing additional funding that can be used for technology development or other purposes during the time that the company is working on an SBIR/STTR project with a federal agency. This additional funding increases the likelihood that technology-based Montana companies will develop products and services that could be successfully marketed. Grants of up to $30,000 are available. For more information, contact Grants Coordinator Kathy Bartlett at kathy.bartlett@mt.gov or 406-841-2792. 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 $95,593 in cash funding is available. For more information, contact Program Specialist Chris Ryan at chris.ryan@mt.gov or 406-841-2594. 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. Housing Montana Board of Housing Public Meeting: July 20. U.S. Department of Housing and Urban Development request for information on Build America, Buy America-compliant products: HUD is seeking public comments, especially from product manufacturers, suppliers and distributors on domestic availability of the product, if the product is BABA-compliant and the domestic capacity to produce at scale. HUD is looking to capture information on a wide variety of manufactured products and product categories but is especially interested in information on the following items: HVAC systems, plumbing fixtures, door hardware, elevators, fire alarm and suppression systems, solar panels, electrical components and wood trusses. The Request For Information was published June 18; HUD will accept comments for 30 days afterward. Please share the RFI with your partners, especially the general contractors you have been working with already. It's important that HUD receives as much information as possible because comments will help determine future guidance or other actions related to BABA implementation. American Rescue Plan Act Update: On March 11, 2021, the American Rescue Plan Act was signed into law and established the Coronavirus State Fiscal Recovery Fund and Coronavirus Local Fiscal Recovery Fund, which together make up the Coronavirus State and Local Fiscal Recovery Funds Program. This program was intended to support state, territorial, local and tribal governments in responding to the economic and public health impacts of COVID-19 and in their efforts to contain impacts on their communities, residents and businesses. This funding was used to provide ARPA gap funds that ensured affordable housing development projects already in the pipeline that were impacted by pandemic cost escalations will be completed. This will result in more than 700 quality, affordable homes for Montana’s lower-wage workforce, seniors and persons with disabilities. The Montana Department of Commerce was required by the United Stated Department of the Treasury to describe whether and how evidence-based interventions or program evaluation were incorporated into our SLFRF program. In the absence of an evidence- based intervention, projects were required to go through a rigorous program evaluation designed to build evidence. You can now view the final evaluation report under the "Reports" tab. It was completed in partnership with the University of Montana’s Center for Children, Families and Workforce Development. Commerce News/Upcoming Events Commerce Allocates Grant Funding to Coal-Impacted Communities A public hearing for the 2026-2027 Annual Action Plan is set for July 9. The 2026- 2027 AAP, which summarizes the actions, activities and resources available for the State of Montana’s Community Development Block Grant, HOME, Housing Trust Fund and Emergency Solutions Grant Programs, is available for public comment until July 17. The 2026-2027 AAP covers the period from April 1, 2026 to March 31, 2027. For more information and to provide oral comments, the public is invited to attend a virtual public hearing on Thursday, July 9, at 10 a.m. MST. The hearing will be held via Zoom; presentation materials will be available on Commerce’s website prior to the hearing, which will give an overview of applicable requirements and takeaways from the 2026-2027 AAP. The State of Montana will consider any comments or views submitted in writing during the specified comment periods or orally during the public hearing. The Montana Department of Labor and Industry - Local Area Profiles web page is a practical labor market data hub for Montana, giving users quick access to county and state-level information on employment, unemployment, wages, population and other economic indicators. It's a one-stop resource that helps staff, employers and community partners better understand local conditions and make more informed workforce decisions. The page is especially useful because it organizes data into downloadable and shareable profile-style reports that can support planning, outreach and economic development conversations across Montana’s communities. This site was jointly developed with the Montana DOLI and Commerce’s Research and Information Services. It is part of the database sharing between the two agencies. Early bird registration is open until July 10 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 to educate, network and inspire one another. Instead of standard breakout sessions, rural immersive experiences will be offered and are designed to show attendees what Montana's landscapes need to thrive. Register today! 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 Granicus Communications Cloud on behalf of: MontanaDepartment of Commerce · P.O. Box 200501 · Helena, MT 59620-0501 Social media icons 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