Ronan affordable housing project receives funding boost
| November 24, 2020 6:25 AM
Meadowlark Vista, an affordable housing project under the supervision of Lake County Community Housing and Ronan Housing Authority, has received $340,000 in federal funding through a state program.
The Montana Department of Commerce announced Friday more than $2.5 million in federal funding has been awarded to five Montana communities to support the rehabilitation and construction of affordable homes.
The Meadowlark Vista funding will assist in the construction of 24 affordable homes with a computer bank, a community room and children’s play area. The project, located off Round Butte Road, previously received a funding boost in the form of federal tax credits.
“We continue to work alongside our statewide housing partners to support the development and preservation of safe and affordable homes for Montana families and individuals,” Commerce Director Tara Rice said. “These homes will help provide a sense of stability and permanency for many Montanans, allowing them to live and thrive within their communities.”
The federal funding for the homes comes from the HOME Investment Partnerships Program and will support the construction and rehabilitation of more than 110 affordable homes. The Montana Department of Commerce administers the HOME Program.
Friday’s announcement of HOME Program funding also includes projects in Belgrade, Billings, Laurel and Lewiston.
On average, the Montana Department of Commerce supports the construction or rehabilitation of about 485 affordable homes each year. For more information about the HOME Program, visit COMDEV.MT.GOV.