Affordable Housing Trust Fund

The City of Helena established the Affordable Housing Trust Fund (HAHTF) in 2020 as part of a response to support and expand the supply of affordable housing, which was identified as a critical need in the 2018 Housing Needs Assessment. Since that Assessment was published, the need in our community has drastically increased, making the availability of additional funding for housing even more critical. This fund is intended to provide gap financing for projects that move our community towards having enough safe and affordable housing for everyone.

Questions? Please Contact:
Kara Snyder
Housing Coordinator
ksnyder@helenamt.gov
406-447-8028


Application Details

The City Community Development is currently accepting application for the Fall application cycle. Applications are due November 17 by 5 p.m. Please reach out to the City’s Housing Coordinator for access to a shared OneDrive to apply. A non-refundable application fee of $200 will be due with an application submission.

There are two application rounds per year, one in the Fall and one in the Spring. Any non-profit or for-profit entities that are developing or supporting housing efforts that serve beneficiaries of low to moderate income are welcome to apply for gap financing. Individual community members are not eligible to apply to this Fund.

Please review the documents linked below for guidance on eligibility, use of funds, and applicant requirements.


Fall 2022 Application Timeline

Oct. 3, 2022

Start Accepting Applications

Nov. 17, 2022

Application Deadline

Dec. 14, 2022

Applicant presentations to City staff and Advisory Board.

Jan. 2023

Advisory Board recommendations to City Commission.

Jan. 2023

City Commission Votes on Proposals


Resources

History

History

The Affordable Housing Trust Fund was established by the City Commission, through the following Resolution and Ordinance.

Other Resources

Other Resources

2019 Growth Policy

  • The Growth Policy is located on the Community Development Department’s Long Range Planning page. Each chapter has a different link, so use the link above to navigate to the main, Long Range Planning page.

Tri-County Housing Needs Assessment

2019 Housing Strategy

TIF District Information

Fair Housing Act

Montana Landlord Tenant Law

ADA & Section 504

https://www.ada.gov/

https://www.helenamt.gov/fileadmin/user_upload/Community_Development/Planning/Americans_with_Disabilities_Act__ADA_/Additional_Information/City_ADA_Resolution_19473.pdf