Applying for Grants
For the past several years, the Department of Commerce has received HOME Program applications for review on a rolling basis. After allocating all available HOME funds in the fall of 2018, the Community Development Division held eligible applications received to date on that rolling basis with the commitment to consider them once additional HOME funds became available. Commerce anticipates receiving its 2019 allocation from HUD this fall. After considering the HOME applications held from last fall during the rolling basis review, CDD anticipates there will be approximately $500,000 in HOME funds available from Commerce’s 2019 HUD allocation. There will be $4.5 million available from the HTF program. The deadline to apply for HOME and HTF Funds for this cycle, is November 22, 2019. Going forward, for both HOME and HTF, applications will no longer be considered on a rolling basis.The next deadline, which will distribute 2020 HOME and HTF funds, is September 15, 2020.
Contact CDD staff at DOCCDD@mt.gov or 406-841-2770 with any questions regarding HOME Program regulations or future applications.
Home and HTF Application Deadline: November 22, 2019
Application also available in Word Format.
Public Comments and Responses
HOME grants are awarded to construct, acquire, and/or rehabilitate rental housing, or develop new housing for homeownership. The maximum amount of grant award is $750,000 as long as the per-unit investment does not exceed HUD's maximum subsidy limit, and at least 5% of the total HOME investment must be matched. More information is available in the Application Guidelines.
The HOME Program allocates a portion of each year's allocation funds to homebuyer assistance (HBA). Cities, towns, and counties, may apply to access these funds by completing an application that will qualify them to pursue homebuyer assistance activities within their jurisdiction for a two year period before reapplication is necessary.