Community Development Block Grant Housing - Housing Stabilization Program (HSP) Grants (MT)

The Community Development Block Grant Housing Stabilization Program (HSP) in Montana provides essential funding for housing rehabilitation projects aimed at low- and moderate-income households. Grants are available on a rolling basis to local governments collaborating with nonprofit organizations. There is no maximum grant amount, and funds are allocated based on project needs. Successful applicants can access funds for five years to improve housing conditions and foster community development.

NOTE:
Application submissions for CDBG-HSP are accepted on a rolling basis. Housing Stabilization Program housing funds are awarded for site-specific activities according to needs identified and the availability of funds on a first-come, first-served basis.A Housing Stabilization Program project must be completed as a collaboration between a local government entity and a nonprofit organization, with preference given to projects involving a Certified Housing Development Organization (CHDO).
The Community Development Block Grant Program (CDBG) is a U.S. Department of Housing and Urban Development (HUD) program designed to help communities provide decent housing, a suitable living environment, and expand economic opportunities for the state’s low- and moderate-income (LMI) residents. The State of Montana receives an annual allocation of federal funds from HUD for CDBG grants and program administration through the Montana Department of Commerce (Commerce). The CDBG program helps local governments complete activities such as drinking water systems, wastewater treatment facilities, community facilities (nursing homes or Head Start centers, for example), job creation and retention, and affordable housing development and rehabilitation.
The State of Montana administers the CDBG Program through four distinct grant opportunities – planning; community and public facilities; economic development; and affordable housing development and rehabilitation. To better serve LMI households across the state, Commerce established the Housing Stabilization Program to provide assistance with single family housing rehabilitation activities.
Successful applicants will qualify to access the CDBG HSP pool of funds for a period of five years. During that time, local governments are eligible to receive funds for construction or rehabilitation of owner-occupied or rental units that benefit low- to moderate-income households.
Funding
There is no maximum grant amount and funds will be allocated based on the individual level of need and scope of project.