Missoula Housing Authority
MHA is currently in the pre-development stage of a new 200-unit apartment complex known as Villagio. This $36.5 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. Located on Missoula’s Northside, 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. Check back for more information as Villagio develops!
We are pleased to announce another new project in the works for MHA! Cornerstone Apartments will provide 12 one-bedroom units of permanent supportive housing for homeless on Great Northern Loop in Missoula. Funded by a Housing Trust Fund grant awarded by the State of Montana, an Affordable Housing Program grant (AHP) from the Federal Home Loan Bank of Des Moines, and MHA’s own funds, this exciting project is in the design phase, with construction projected to begin by September 2019.
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