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

Please ask any questions you may have about the Innovation Funding Round application or process. 

The Affordable Housing Trust Fund Administrator, Emily Harris-Shears, will respond to your question soon. Thank you.

  • Share on Facebook Share on Twitter Share on Linkedin Email this link

    If the project is already operational, does it make sense to list the start date as Nov. 1, 2021 since that's the start of the contracting process?

    over 2 years ago

    Yes. 

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    If a project has funds remaining at the project completion date, is there a process for requesting an extension and/or considering roll over?

    over 2 years ago

    This will be determined on a per project basis, considering multiple factors. 

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    Should the 25% match be a percentage of the full award amount, or a match of an additional 25% on top of the full award amount?

    over 2 years ago

    The 25% match is of the full award.  

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    If AMI data isn't formally tracked for the project, are estimates sufficient?

    over 2 years ago

    Yes, estimates are sufficient for projects that don't have Area Median Income limit thresholds.  For example, there are no AMI limits for Consumer Housing programs, but applicants with this project type should still provide estimates of the number of households they expect to serve within AMI ranges.  

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    For the question regarding the Housing Policy, can a project application discuss other City policies outside of A Place to Call Home?

    over 2 years ago

    Yes.  Projects are encouraged to reference other City policies, plans and documents that support their project in addition to A Place to Call Home.  

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    Are resume attachments required for all staff, or just lead staff?

    over 2 years ago

    Resumes are required for all staff that will work on the project.  

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    The Habitat for Humanity acquisition of small modular homes project seems like it could fit two different Program Types: Construction and Preservation yet the Application form asks to only select one. Is it okay for us to select both with the caveat we will provide explanation in the body of the application?

    KarissaHomeword asked over 2 years ago

    Yes, it is acceptable to select two relevant project types in this example.