Housing.mt.gov

Montana - Emergency Rental Assistance:

Montana Housing strengthens our vibrant communities by supporting access to safe, affordable and sustainable homes for Montanans whose housing needs are not met by the market.

Actived: Thursday Jan 1, 1970

Via Housing.mt.gov

(52 years ago)

Project Based Section 8 - Montana Housing

Project Based Section 8 Program. The Project Based Section 8 program supports apartments within a multifamily building rather than its occupants, for the duration of the Housing Assistance Payment (HAP) contract between HUD and the property owner. HAP payments represent the difference between the HUD-approved rent for all eligible apartments ...

(52 years ago)

Homeowners - Montana Housing

Montana Housing provides personable, professional and local mortgage loan servicing to Montana homeowners. We value the individuals, families and seniors we serve and strive to provide exemplary and respectful customer service. Our mission-focused servicing staff specialize in supporting and educating first time homebuyers.

(52 years ago)

Montana Emergency Rental Assistance Program - Montana Housing

Montana Emergency Rental Assistance. The Montana Emergency Rental Assistance program is now available for Montanans who have lost household income as a direct or indirect result of the COVID-19 pandemic and are at risk of housing instability. Renters can receive a monthly maximum of $2,200 for past due and future rent payments, up to $300 for ...

(52 years ago)

Montana Board of Housing - Montana Housing

The Montana Board of Housing was created under the Montana Housing Act of 1975 and is comprised of seven members appointed by the governor and confirmed by the state senate. For questions about Board of Housing meetings, watch our Meetings, Events, and Training page or subscribe to receive Board of Housing email updates. Past Meetings and Minutes.

(52 years ago)

Homeownership - Montana Housing

Homeownership creates a sense of pride, provides an opportunity to increase financial stability and helps build vibrant communities. For most people, owning their own home is their most important goal. Montana Housing is Montana’s trusted partner for affordable and responsible homeownership.

(52 years ago)

Income and Rent Limits - Montana Housing

Income restrictions are determined on a Metropolitan Statistical Area (MSA) or county level and are determined for households of four. If limits are needed other than the ones listed below, please contact a compliance specialist. *If you're looking for household income limits for the Emergency Rental Assistance program, go here *.

(52 years ago)

Fair Housing - Montana Housing

Fair housing is the right to choose a home free from unlawful discrimination. Federal, state and local fair housing laws protect Montanans from discrimination in housing transactions such as rentals, sales, lending, and insurance.

(52 years ago)

Housing Choice Voucher Program - Montana Housing

The Housing Choice Voucher and Moderate Rehabilitation programs are funded by the U.S. Department of Housing and Urban Development (HUD) and administered by Montana Housing at the Montana Department of Commerce as the state-wide Public Housing Authority. The Housing Choice Voucher program provides rental subsidies for very low-income families ...

(52 years ago)

Homebuyer Education - Montana Housing

eHome On-line HBE Class FrameWorks On-line HBE Class. Once a borrower has completed the online class and before they receive their homebuyer education certificate, they must complete a one-time, face to face session with a HUD approved housing counselor. Contact NeighborWorks Montana by email or call 406.604.4540 for more information.

(52 years ago)

Utility Allowances - Montana Housing

2021 Utility Allowances. Region 1 - Daniels, Phillips, Roosevelt, Sheridan and Valley Counties Region 2 - Dawson, Garfield, McCone, Prairie, Richland and Wibaux Counties Region 3 - Carter, Custer, Fallon, Powder River, Rosebud and Treasure Counties Region 4 - Blaine, Hill and Liberty Counties Region 5 - Cascade, Choteau, Glacier, Pondera, Teton and Toole Counties (excluding the City of Great ...

(52 years ago)

Resources - Montana Housing

The Department of Commerce also routinely refers the constituents we work with, including developers, non-profits and property owners, to a wide range of resources. Here are some frequently requested and referred resources. Individuals, Families and Seniors. Montana 211. MTHousingSearch - FREE to Search for your next home.

(52 years ago)

Veterans Affairs Supportive Housing - Montana Housing

The Veterans Affairs Supporting Housing Program, or HUD-VASH, provides rental assistance in combination with case management and clinical services provided by local Department of Veterans Affairs (VA) medical facilities for homeless veterans.

(52 years ago)

Program Updates - Montana Housing

Sep 29, 2021  · There is a loan limit, which has also increased and is now $296,380 statewide. Montana Housing staff are always available to assist with any questions. Charlie Brown, Program Supervisor, [email protected], 406-841-2850. Julie Hope, Training and Development Specialist, [email protected], 406-841 …

(52 years ago)

Home Loans - Montana Housing

The tax credit is equal to 20% of the mortgage interest (not to exceed $2,000) paid during the tax year. Under this program, the homebuyer selects and attaches the federal income tax credit to a mortgage loan; Montana Housing loans are not eligible for MCC. The homebuyer must meet the same IRS eligibility requirements as the Montana Housing ...

(52 years ago)

Rental Housing - Montana Housing

The Section 811 Supportive Housing for Persons with Disabilities program provides HUD-funded rental subsidies to rental housing owners with the availability of supportive services for qualified individuals living with disabilities. Rental assistance is provided to property owners, and tenants pay 30 percent of their adjusted gross income in rent.

(52 years ago)

Lenders - Montana Housing

The success of Montana Housing relies heavily on our partnership with lenders. We work with Participating Lenders throughout the state to offer low-interest loans to eligible buyers. We also offer down payment assistance and mortgage credit certificates, which may increase a potential buyers’ purchasing power.

(52 years ago)

Down Payment Assistance - Montana Housing

MBOH Plus 0% Deferred Down Payment Assistance Program. Can be used for down payment and closing cost assistance. Available for up to 5% of sales price, maximum $6,500. 0% second loan, no monthly payments. Due upon transfer/sale of property or refinance/payoff/of first loan. Requires a fixed rate Montana Housing 30-year first mortgage.

(52 years ago)

Housing Tax Credits - Montana Housing

Oct 19, 2020  · The Montana Board of Housing allocates Montana’s share of federal Low-Income Housing Tax Credits, or housing tax credits, through a competitive annual process. These housing tax credits allow developers to borrow less money for construction and pass those savings along to families and individuals through lower rents.

(52 years ago)

HOME Program - Montana Housing

The Home Investment Partnerships Program (HOME) Program is a federal block grant program directed by the U.S. Department of Housing and Urban Development (HUD) and is designed to create affordable housing for low-income households. The Montana Department of Commerce is responsible for the administration of HOME within the state of Montana.

(52 years ago)

Homebuyers - Montana Housing

Montana Housing helps make home ownership affordable for home buyers through various loan programs and the mortgage tax credit program. Montana Housing is an investor, not a lender; therefore it is the participating lenders from around the state that conduct the credit analysis and qualify buyers for a Montana Housing loan.

(52 years ago)

Contact Montana Housing

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(52 years ago)

Community Land Trust - Montana Housing

Community Land Trusts. Montana Housing’s Community Land Trust Mortgage Program provides purchase money loans secured by a leasehold estate on property owned by a Community Land Trust.

(52 years ago)

Multifamily Development - Montana Housing

Multifamily Development. The Montana Board of Housing offers financing options for the development of affordable multifamily rental homes. Board staff monitor all properties during the commitment period, to ensure that those properties comply with federal and state requirements.

(52 years ago)

Down Payment Assistance - Montana Housing

Bond Advantage Down Payment Assistance Program. Can be used for down payment and closing cost assistance. Available for up to 5% of sales price, maximum $10,000. Requires a Montana Housing 30-year first mortgage, both loans have the same fixed rate. 15 …

(52 years ago)

Mortgage Credit Certificate Program - Montana Housing

Mortgage Credit Certificates (MCC) A Mortgage Credit Certificate, also known as an MCC, is a dollar-for-dollar tax credit that reduces the amount of federal income tax paid by a first-time homebuyer. The tax credit is equal to 20% of the mortgage interest (not to exceed $2,000) paid during the tax year. Homeowners are eligible for the tax ...

(52 years ago)

Landlords - Montana Housing

Landlord Portal. As a convenience, Montana Housing at the Department of Commerce now offers landlords a new secure, online service called Assistance Connect. This service allows existing landlords to view information about their housing assistance payments and contact us …

(52 years ago)

Current Rates, Income and Purchase Price Limits - Montana ...

All rates are fixed and effective dates vary for each. 2.50% Effective: 02/04/21 2.75% 1st Mortgage Interest Rate 0.00% 2nd Mortgage Interest Rate (*APR 0.30% based on $6,500 loan) 2.25% Effective: 02/04/21 1.50% Effective: 10/07/21 (Changes bi-weekly) 2.75% 1st Mortgage Interest Rate 2.75% 2nd Mortgage Interest Rate (15 Yr Term) 3.00% Effective: 10/07/21 (Changes bi-weekly) 2.00%

(52 years ago)

Meetings, Events, and Training - Montana Housing

Montana Board of Housing 2023 Qualified Allocation Plan Public Hearing. When: October 27, 2021 Time: 1:00 p.m. Where: Via Zoom This is a Zoom meeting and you must register with Zoom You may also join with Phone only to join conversation: Dial 888-556-4567, Meeting ID: 821 9033 8786, Passcode: 261628 Email with your name and organization.. Montana Board Housing - Reverse Annuity Mortgage (RAM ...

(52 years ago)

Qualified Allocation Plan - Montana Housing

Nov 13, 2020  · The Qualified Allocation Plan is the governing document for Montana Housing Credits. The QAP is intended to ensure the selection of those developments which best meet the most pressing housing needs of Montanans in accordance with the guidelines and requirements established by the federal government and the requirements, considerations, factors, limitations, criteria and priorities …

(52 years ago)

housing.mt.gov

SSN: DOB: Race: Ethnicity: US Citizen? Annual Income: Cities Interested In: Reasonable Accommodation Please Explain 811 and Mainstream Housing Referral Form

(52 years ago)

Uniform Application - Montana Housing

Uniform Application. The Uniform Application is one application that can be used for many of the Montana Department of Commerce’s housing-related loan, grant and tax credit programs. The Uniform Application, sometimes called the UNIAPP, and the forms provided below were developed by a working group including representatives from all ...

(52 years ago)

Reverse Annuity Mortgages - Montana Housing

Reverse Annuity Mortgage (RAM) Program. Many senior citizens in Montana own their own homes and have little or no remaining mortgage debt. Many of these homeowners live on a fixed income and can benefit from an additional income source from the equity in their home.

(52 years ago)

Recapture Tax - Montana Housing

Recapture is a tax that borrowers may have to pay on their federal income tax returns when they sell their Montana Housing financed homes. Montana Housing loans are financed with Mortgage Revenue Bonds (MRB) and the Internal Revenue Service (IRS) code states there may be …

(52 years ago)

Habitat for Humanity - Montana Housing

Montana Housing has been working closely with Habitat for Humanity chapters across the state since 1997 to provide no- or very-low-interest-rate first mortgages for homebuyers who credit-qualify for the program. By providing financing for these mortgages, Montana Housing frees up local Habitat Chapters’ funds for use in building additional homes.

(52 years ago)

Veterans' Home Loan Program - Montana Housing

Veterans' Home Loan Program. The Montana Veterans’ Home Loan Mortgage Program was established in 2011 by the Legislature to provide first mortgage funds to Montana residents who are serving or have served in the Montana National Guard or in the national armed forces and reserves.

(52 years ago)

Admin Plan - Montana Housing

Montana Housing, Montana, housing, affordable, affordable homes, income, assist, section 8, voucher, VASH, veterans, housing, rental, assistance, qualification ...

(52 years ago)

Public Comment Opportunities - Montana Housing

Montana Housing appreciates the feedback we receive from community partners and all Montanans on ways we can further strengthen our vibrant communities by supporting access to safe, affordable and sustainable homes.