The Electric | Great Falls Considering Federal Funds Designated for Housing Rehabilitation

City Commissioners will consider approving $1,231,657 in HOME Investment Partnerships Program funds during their Nov. 7 meeting to NeighborWorks Great Falls for the purchase and restoration of the Ulmer Square property

The Electric | Great Falls Considering Federal Funds Designated for Housing Rehabilitation
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Read the article at The Electric by Jenn Rowell
Excerpt
“City Commissioners will consider approving $1,231,657 in HOME Investment Partnerships Program funds during their Nov. 7 meeting to NeighborWorks Great Falls for the purchase and restoration of the Ulmer Square property.
Staff is recommending approval.
The U.S. Department of Housing and Urban Development established the HOME program to provide grants to state and local governments to fund building, buying and rehabilitating affordable housing.
“HOME is designed exclusively to facilitate the creation of affordable housing for low-income individuals,” according to the city staff report.
HUD annually allocates HOME funds to the city.”

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