Affordable Housing Trust Fund Innovation Funding Round

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Consultation has concluded

Innovation Funding Round Overview:

The Innovation Funding Round is an off-cycle funding round activated to respond to community need for housing solutions now, distribute funds to projects that are ready to begin or are in process now. The Innovation Funding Round was approved by the Affordable Housing Resident Oversight Committee on August 11, 2021.

Funding Available:

$300,000 will be available for awards to invest in affordable housing projects in the City of Missoula.

The Innovation Funding Round responds to key opportunities:


1. Respond to community need for housing solutions now. 2. Distribute funds to projects that are ready to being/in process, outside of the regular funding cycle. 3. Oversight Committee determines reserve balance to award. 4. Inform the Annual Allocation Plan process. 5. Refine the application approach before the Unified Application in winter of 2022. 6. Test and hone the Affordable Housing Trust Fund Administrative Policies & Procedures as needed.



Eligible Projects:

  • Consumer Housing Service Programs
    • Financial education programs
    • Rental education programs
    • Homeownership education programs
    • Foreclosure counseling
    • Centralized Housing Solutions Fund
  • Construction of Homes-Rentals & Homeownership
    • Acquisition
    • Construction
    • Rehabilitation
  • Preservation Programs
    • Small Repair Loans
    • Multi-dwelling Acquisition
    • Mobile/Manufactured Home Preservation & Infrastructure Assistance
    • Community Land Trusts


Application materials can be found along the right side of this page under "Application Materials"

Innovation Funding Round Overview:

The Innovation Funding Round is an off-cycle funding round activated to respond to community need for housing solutions now, distribute funds to projects that are ready to begin or are in process now. The Innovation Funding Round was approved by the Affordable Housing Resident Oversight Committee on August 11, 2021.

Funding Available:

$300,000 will be available for awards to invest in affordable housing projects in the City of Missoula.

The Innovation Funding Round responds to key opportunities:


1. Respond to community need for housing solutions now. 2. Distribute funds to projects that are ready to being/in process, outside of the regular funding cycle. 3. Oversight Committee determines reserve balance to award. 4. Inform the Annual Allocation Plan process. 5. Refine the application approach before the Unified Application in winter of 2022. 6. Test and hone the Affordable Housing Trust Fund Administrative Policies & Procedures as needed.



Eligible Projects:

  • Consumer Housing Service Programs
    • Financial education programs
    • Rental education programs
    • Homeownership education programs
    • Foreclosure counseling
    • Centralized Housing Solutions Fund
  • Construction of Homes-Rentals & Homeownership
    • Acquisition
    • Construction
    • Rehabilitation
  • Preservation Programs
    • Small Repair Loans
    • Multi-dwelling Acquisition
    • Mobile/Manufactured Home Preservation & Infrastructure Assistance
    • Community Land Trusts


Application materials can be found along the right side of this page under "Application Materials"

Consultation has concluded

  • *Reminder* - Deadline for Intent to Apply 9/20

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    Please make sure to notify Emily Harris-Shears at harris-shearse@ci.missoula.mt.us of your intent to apply for funds by Monday, September 20, 2021!


  • Funding Round Application Workshop

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    The Community Development Division held an Application Workshop for the Innovation Funding Round on Wednesday, August 25, 2021 to discuss the process and timeline of applying for funding from the Affordable Housing Trust Fund.

    If you were unable to attend, a recording of the workshop is available on YouTube.

    View the video here.

    View the presentation slides here.


    Please contact Emily Harris-Shears, harris-shearse@ci.missoula.mt.us or 406.552.6394 with questions.