Low-Income Housing Tax Credits & Rural Housing in Montana, 2017

In their 2017 Qualified Allocation Plan (QAP), Montana provides a set aside for small rural projects. 

Twenty percent (20%) of the state’s Available Annual Credit Allocation is set-aside for Small Rural Projects. For purposes of this set-aside, a Small Rural Project is a Project: (1) for which the submitted tax credit Application requests tax credits in an amount up to but no more than 10% of the state’s Available Annual Credit Allocation, (2) with 20 or fewer low income units, and (3) proposed to be developed and constructed in a location that is not within the city limits of Billings, Bozeman, Butte, Great Falls, Helena, Kalispell, or Missoula.

Contributed By: 
National Housing Trust

Other Items of Interest