LC 3757 Legislature · 2025 Regular Session

Revise laws related to the housing Montana fund

Montana bill LC 3757 revises rules for the Housing Montana Fund, a special fund supporting low- and moderate-income housing. The bill requires 20% of fund disbursements to go to rural areas based on population and clarifies that money can only fund housing development - not other board expenses. It specifies that loans/grants must help with housing preservation, bridge financing, land acquisition, or technical assistance for eligible applicants like local governments and nonprofits. Repaid loans and interest income must return to the fund, which will now also accept external contributions for housing projects.
Bill status died 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 14, 2024 Last action May 20, 2025
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