Development Projects
building a more affordable missoula
Villagio
Villagio Apartments is a 200-unit apartment complex located on Missoula's Northside. This $42 million project will be funded with 4% housing tax credits, a tax-exempt bond, City of Missoula HOME funds, City of Missoula Tax Increment Financing (TIF) funds, and a State HOME grant. The two-, three- and four-bedroom units will be priced so they are affordable to people making at or below 60% of Area Median Income (AMI). The project will include 24 units with project-based vouchers attached.
Villagio Apartments broke ground on May 20, 2021! Construction is expected to be complete in early 2023.
Trinity Apartment Homes and Navigation Center
Trinity Apartments is comprised of 202 rental homes on two scattered-site parcels in Missoula, Montana that residents can afford and a community Navigation Center. These homes will benefit a wide range of people with varying incomes. Rents will be set for people earning 30% to 70% of the Area Median Income (AMI) for Missoula. This is approximately $17.74/ hour ($36,890/year) or less for one person/ $52,640 or less for a household of four, depending on the size of the household (Note: these numbers are adjusted annually by HUD). 30 of these apartments are supportive housing homes with rental assistance and wrap around services designed for Missoula’s long-term unhomed neighbors. The community Navigation Center will provide low-threshold, high-service programs for people experiencing chronic homelessness, those re-entering our community from the criminal justice system and other members of the community.
The Mullan site broke ground on June 3, 2021! Construction is expected to complete in early 2023.
More information about Trinity Apartments can be found on Homeword Missoula's website: https://homeword.org/trinity/