• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Digital News Updates
  • Home
  • News
  • Politics
  • Business

Montana Secures $3.2 Million in Federal Funds to Boost Affordable Housing

January 23, 2025

The Montana Department of Commerce announced today that more than $3.2 million in federal funding has been allocated to develop and preserve affordable housing in four Montana communities. The funds, distributed through the department’s Housing Trust Fund (HTF) and HOME Investment Partnerships Program, will support projects in Billings, Bozeman, Dillon, and Laurel, helping to provide nearly 250 affordable homes for lower-income households.

“The health and well-being of our families, communities, businesses, and economy rely on access to affordable, attainable housing,” said Paul Green, director of the Montana Department of Commerce. “Financing through these programs will directly support the construction and rehabilitation of much-needed housing in our communities.”

The HOME and HTF programs are federal block grants managed by the U.S. Department of Housing and Urban Development (HUD), designed to create and sustain affordable housing for low-income households.

Under the HOME Investment Partnerships Program, the following projects will receive funding:

  • HomeFront will receive $982,000 for the rehabilitation of Laurel Gardens in Laurel.
  • Skyview Residences LLLP will receive $350,000 for the new construction of Skyview Residences in Billings.

Through the Housing Trust Fund program, the following projects will benefit:

  • The Housing Company will receive $416,100 to support the new construction of Homestead Apartments in Dillon.
  • United Housing Partners LLC will receive $1,517,100 to develop Hidden Creek Apartments in Bozeman.

The announcement follows previous successful housing initiatives, including the 2022 allocation of $1.27 million in HOME funding to Florence Crittenton Family Services for the renovation of its new campus in Helena. The funding provided critical support for the organization’s Recovery Home Program, which offers substance use treatment and parenting support for mothers and their children.

“Florence Crittenton was thrilled to receive a HOME grant to assist in the renovation of our new campus,” said Carrie Krepps, Executive Director of Florence Crittenton Family Services. “The funds allowed us to create a warm, inviting, and stable home for families in need, ensuring that mothers can receive appropriate care while their children remain with them in a safe environment.”

Krepps emphasized the organization’s longstanding partnership with the HOME program, which began nearly three decades ago with funding to build their previous facility.

The Montana Department of Commerce continues to work with local partners and HUD to expand access to affordable housing across the state. These recent investments highlight ongoing efforts to address housing challenges and support the well-being of Montana families.

By: Montana Newsroom staff

Filed Under: Featured, News

Related Articles:

  • Here’s how American taxpayers will be impacted if the ‘big, beautiful bill’ fails
  • Gianforte Honors Seven Central Montana Veterans
  • Gianforte Appoints Marta Bertoglio as Department of Commerce Director
  • Trump’s Job Approval Hits 53%
  • Performance Engineering Earns National Honors
  • Montana Attorney General Launches Investigation into Lee Enterprises Following Cyberattack

Primary Sidebar

Digital News Updates Logo

Recent News Posts

  • North Dakota to Celebrate Grand Opening of Theodore Roosevelt Presidential Library
  • Montana Attorney General Launches Investigation into Lee Enterprises Following Cyberattack
  • VA slams Democrat governor for falsely claiming vets could be denied care
  • Montana State names 2025 presidential scholars

Recent Politics Posts

  • Gianforte Praises Supreme Court Ruling
  • Zinke Urges Interior Secretary to Act on Projected Low Flathead Lake Levels
  • Senator Daines Leads Bipartisan Push to Celebrate “Great Outdoors Month”
  • Sheehy Introduces Legislation to Compensate Service Members Discharged Over COVID Vaccine Mandate

Recent Business Posts

  • Bridger Aerospace Welcomes Executive Order to Reshape Wildland Firefighting
  • Gianforte Appoints Marta Bertoglio as Department of Commerce Director
  • Daktronics to Announce Q4 and Fiscal 2025 Results on June 25
  • Performance Engineering Earns National Honors

Copyright © 2025 Digital News Updates, All Rights Reserved.