Federal Grant Award Summary

The City of Great Falls received a $226,142.86 formula grant award on January 13, 2026, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. This award will support affordable housing initiatives in Great Falls, Montana, with a performance period extending through September 30, 2034. The HOME program provides formula-based funding to expand the supply of affordable housing for low- and very low-income households through diverse activities including owner-occupied housing rehabilitation, homebuyer assistance programs, rental housing acquisition and development, and tenant-based rental assistance.

As a participating jurisdiction, the City of Great Falls will deploy these funds to implement housing projects either directly or through sub-award arrangements with developers and nonprofit partners in accordance with its Consolidated Plan and Annual Action Plan submissions to HUD. All assisted housing activities funded through this award must meet income targeting requirements and maintain affordability for low-income households for five to twenty years, depending on the activity type. The city has demonstrated substantial experience managing HOME formula grants and other federal community development programs, positioning it to effectively execute the housing initiatives supported by this allocation.