Commerce Department Announces $4.5 Million in Housing Trust Fund and HOME Awards Funding will support 294 affordable homes in Montana
The Montana Department of Commerce announced Friday that four affordable housing developers representing four Montana communities will share more than $4.5 million of federal funding through the Housing Trust Fund and HOME Investment Partnerships Program. The money will be used to support the construction, rehabilitation and preservation of affordable rental homes in Montana.
“Our goal is to strengthen communities by supporting the development and rehabilitation of affordable homes in Montana,” Commerce Director Tara Rice said. “This funding enables us to partner with existing federal, state and local efforts to increase the supply of safe and affordable homes for Montanans.”