Montana’s Conduit Bond Financing Options Expanded for Non-Profits, Businesses

The Montana Department of Commerce announced today that the Montana Facility Finance Authority will begin providing conduit bonds to a broader range of projects. With the passage of Senate Bill 104, signed by Governor Greg Gianforte on April 16, 2025, more Montana businesses and nonprofits will benefit from a clear, reliable route to the bond market — without relying on taxpayer funds.

“Conduit bonds play a vital role in driving economic development by enabling large-scale projects that provide substantial public benefits, such as healthcare and housing,” said MFFA Executive Director Adam Gill. “These investments not only create jobs and stimulate local economies but also enhance the overall quality of life for Montanans.”