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Southwest Montana News

Monday, November 4, 2024

Human Resource Development Council awarded grant to preserve affordable homes in Montana

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Rehabilitation of Boulevard Apartments in Bozeman funded with $1 million grant. | Bidvine/Pexels

Rehabilitation of Boulevard Apartments in Bozeman funded with $1 million grant. | Bidvine/Pexels

A $1 million grant will fund rehabilitation and preservation of the Boulevard Apartments in Bozeman, the Montana Department of Commerce said in a news release.

The Human Resource Development Council will receive the grant to preserve 41 affordable homes.

“In the midst of a pandemic that has disproportionally impacted our elderly neighbors and accelerated our housing affordability crisis, we are grateful for the state's support of our efforts to preserve and rehabilitate the Boulevards,” Heather Grenier, Human Resource Development Council Bozeman president said in the release. “These subsidized homes are invaluable to our community and preserving them is one of our most impactful affordable housing strategies."

Jennifer Olson, Montana Department of Commerce Community Development Division administrator, said supporting the development of affordable homes allows them to provide a safe place for Montanans.

Other Housing Trust Fund grants will be awarded to:

Affiliated Developers, which will get $500,000 to rehabilitate and preserve the Oakwood Village Apartments in Havre, preserving 60 affordable homes.

A $900,000 grant to the Human Resource Development Council to rehabilitate and preserve the Highland Manor Apartments, keeping 32 affordable homes.

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