The Housing Trust Fund in Montana, 2017

The State of Montana will participate in the Federal Housing Trust Fund program beginning in 2016. 

The Housing Trust Fund Program (HTF) is an affordable housing production program that will complement existing federal, State, and local efforts to increase the supply of decent, safe, and sanitary affordable housing for extremely low income (ELI) households, including special needs households, homeless households, and those at risk of homelessness. Beginning in 2016, the State of Montana will receive and administer an annual allocation of federal funds from HUD for HTF grants and conduct program administration through the Montana Department of Commerce (Commerce). The HTF program will help qualified sub-recipients direct funds for the construction, rehabilitation, and preservation of affordable rental housing for ELI families.

Montana's stated goal is to support capacity, resiliency, and the development of strong, vibrant communities, and to take action to address community needs. Commerce and HTF can do this by funding projects that provide homes for Montana’s extremely low-income households and individuals.

Contributed By: 
National Housing Trust

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