State of Montana HOME Program Income Plan for Missoula County
The Program Income Plan has been sent to the state and Missoula County is waiting on next steps.
Missoula County seeks public comment on changes to a HOME Program Income Plan with the State of Montana Department of Commerce. Proposed changes include expanding eligible uses of program income to support projects that increase the supply of safe and accessible housing for low-to-moderate income residents in Missoula County.
Background:
In 1992, Missoula County was awarded a grant from the Montana Department of Commerce HOME Investment Partnership Program (HOME), a grant program through the U.S. Department of Housing and Urban Development (HUD). The grant supported first-time homebuyers with down payment assistance through a shared equity loan that would be paid back when the property sold, was foreclosed or refinanced. Funds that have been repaid through this program can support housing affordability programs within Missoula County and are referred to as Program Income. The proposed changes to the Program Income Plan would enable the county to broaden uses of Program Income to eligible activities such as housing rehab and housing development activities.
Public Comment:
Submit public comment by Friday, Feb. 20 using the comment tool below.
Project Lead:
Melissa Richards, 406-258-3447
Kayla Talbert, 406-258-4947
Important Links and Documents:
The Program Income Plan has been sent to the state and Missoula County is waiting on next steps.
We will try to respond within five business days.