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City of Billings CDBG and HOME Funds 2023-2024 (Montana)

The City of Billings is seeking applications for 2023-2024 Community Development Block Grant (CDBG) and HOME Investment Partnership (HOME) funds.

Donor Name: City of Billings

State: Montana

City: Billings

Type of Grant: Grant

Deadline: 01/20/2023

Size of the Grant:

  • Total CDBG Estimate: $700,000
  • Total HOME Estimate: $450,000

Details:

The primary objective of the program is the development of viable urban communities by providing decent housing, a suitable living environment, and expanding economic opportunities for low-income individuals. The HOME Program was established in 1992 to expand the supply of affordable housing and the City of Billings became a participating jurisdiction in 1994.

Focused on CDBG and HOME activities, the Consolidated Plan combines the planning and application requirements for the CDBG and HOME Programs. Consolidation of the submission requirements for the CDBG and HOME Programs allows program planning and citizen participation to take place in a comprehensive context covering both programs. The CDBG and HOME programs covered by the Consolidated Plan have three basic goals:

  • To provide decent housing, including maintaining the affordable housing stock in the community, increasing the availability of permanent housing that is affordable to lower-income households without discrimination, increasing support of housing which enables persons with special needs to live independently, and assisting homeless persons obtain affordable housing.
  • To provide a suitable living environment, which includes improving the safety and livability of neighborhoods, increasing access to quality facilities and services, reducing the isolation of income groups within areas by de-concentrating housing opportunities and revitalizing deteriorating neighborhoods, restoring and preserving natural and physical features of special value for historic, architectural, or aesthetic reasons, and conserving energy resources.
  • To expand economic opportunities, including creating jobs accessible to lower-income individuals, providing access to credit for community development activities which promote long-term economic and social viability, and empowering lower-income persons living in federally assisted and public housing to achieve self-sufficiency.

All activities undertaken by the City utilizing CDBG and HOME funding must primarily benefit low-income persons.

Objectives

CDBG

  • The development of viable urban communities by providing decent housing, a suitable living environment and expanding economic opportunities principally for persons of low-income. Must meet one of the following national objectives:
    • Benefit lower-income households.
    • Result in the prevention or elimination of slums or blighted conditions.

HOME

  • Provides coordinated financial assistance in the development of affordable, low-income housing.
  • Expands the supply of safe and sanitary affordable housing for low-income residents in Billings.
  • Strengthens the ability of local governments and other housing development entities to actively participate in community housing enhancements.

Funding Information

  • CDBG
    • CDBG New Entitlement Funding: $650,000
    • Program Income: $50,000
    • Total CDBG Estimate: $700,000
    • Administration Cap (Maximum 20%): $130,000
    • Public Service Cap (Maximum 15%): $97,500
  • HOME
    • New Entitlement Funding: $300,000
    • Program Income: $100,000
    • Total HOME Estimate: $450,000
    • Administration Cap (Maximum 10% of New Entitlement): $30,000
    • Community Housing Development Organizations (Minimum 15% New Entitlement): $45,000

Eligible Activities

CDBG

HOME

  • Affordable Housing Projects
    • New Construction of Housing Units.
    • Acquisition of property for an immediate and eligible use, site improvements, & demolition activities.
    • Related to new housing.
    • First-Time Home Buyer Assistance.
    • Construction of Transitional Housing Units.
  • Community Housing Development Organizations (CHDOs) Minimum 15% of Entitlement must be designated to CHDOs to implement housing activities, including:
    • Acquisition / rehabilitation / new construction of rental & homebuyer units.

Eligibility Criteria

Any individual, non-profit organization, business, or governmental agency may apply for CDBG / HOME funds. Applicants must be in compliance with all federal, state, and local laws / regulations. Neighborhood Task Forces may initiate an application, but must work through a City department if the activity involves improvements to parks, streets, etc.

For more information, visit City of Billings.

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