Basis Radar

Montana

Yellowstone County, MT

Affordable-housing capital events and public funding posture, from federal filings. 7 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

GranteeFY26 allocationsLive 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

ProjectAmountProgramGranteeCompleted
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
Rimrock Foundation Sober Living $20,902 HOME Billings 2006-10-27

Recently subsidized developers (statewide)

RecipientTotal (24 mo)Subawards
The Home Corporation $2.3M 1
County Of Fergus $1.8M 2
Hrc Cottages Inc $1.8M 1
Butte Affordable Housing, Inc. $1.5M 1
Mitchell Court Lllp $986,606 4
Family Promise Of Gallatin Valley Inc $835,000 1
Town Of Ennis $750,000 6
Roundup City Offices $750,000 1
Mineral County Of $500,000 2
Asi Helena, Inc. $300,000 1
Helena Elderhousing, Inc $220,000 2
District 7 Human Resources Development $200,000 1
District Xi Human Resource Council, Inc. $116,220 1
Town Of Bainville $50,000 1
Powell, County Of $50,000 1

Pipeline snapshot

7 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.