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Yellowstone County, MT
Affordable-housing capital events and public funding posture, from federal filings. 6 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.
Open Yellowstone County in the app → property-level detail, contacts, filters, charts
Gap funding
| Grantee | FY26 allocations | Live posture |
|---|---|---|
| State Of Montana (state) | CDBG $6.2M · HOME $3M | HOME undrawn $6M CDBG undrawn $22.8M |
| Billings (city) | CDBG $650,440 · HOME $362,386 | HOME undrawn $1.5M CDBG undrawn $1.1M · CDBG timeliness 1.7× |
Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.
Recently completed subsidized projects
| Project | Amount | Program | Grantee | Completed |
|---|---|---|---|---|
| Mitchell Court Lllp | $1.6M | HOME | Montana | 2026-07-13 |
| Laurel Depot | $1.2M | HOME | Montana | 2024-12-11 |
| Nwmt - Jackson Court | $2.3M | HOME | Montana | 2024-07-15 |
| Red Fox Apartments | $1.2M | HOME | Montana | 2019-01-02 |
| Pheasant Home | $557,331 | HOME | Billings | 2015-05-29 |
| Homeword Chdo Pre-Development Loan | $25,437 | HOME | Billings | 2014-04-28 |
| Tcap09whitetailrunapts | $2.7M | HOME | Montana Board Of Housing / Housing Division | 2013-07-02 |
| Southern Lights | $500,000 | HOME | Billings | 2008-11-25 |
| Schwend Property | $165,195 | HOME | Billings | 2008-07-14 |
| Asi Project | $30,000 | HOME | Billings | 2008-05-28 |
| Gerharz Gardens Apartments - Old Town Sq | $242,000 | HOME | Billings | 2007-12-17 |
| Mental Health Centergroup Home | $26,900 | HOME | Billings | 2007-12-17 |
| Acme Hotel | $143,400 | HOME | Billings | 2007-11-08 |
| Ywca Gateway House Domestic Violence Shl | $182,400 | HOME | Billings | 2007-06-01 |
| Voa-Billings | $50,000 | HOME | Billings | 2007-01-24 |
Pipeline snapshot
6 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.
Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.