Making News

News & Updates See All

$65 Million for New Business Opportunities, Job Creation

We’re thrilled to announce that communities across Montana, Idaho and Wyoming will soon see new investments in their futures thanks to a $65 million award from the U.S. Treasury’s New Markets Tax Credit (NMTC) Program. That money will go directly to businesses that create jobs,... Read more...

A Conversation With Hadley Ferguson, Artist

Hadley Ferguson is a Missoula-based artist who has gained notoriety for her public and private commissions and large-scale murals featuring iconic Montana landscapes and people.  Montana & Idaho CDC was thrilled when she agreed to create a custom license plate to help support its small... Read more...

Blackfeet Community College Announces $7.5M for New Science and Education Building

It’s been a challenging couple of years for the town of Browning in northwest Montana, a community of 1,000 that has endured financial hardships, legal disputes and the disincorporation of its municipal government. We’re excited to share that a new investment into the local college... Read more...

Small Business Lending See All

CLIENT SPOTLIGHT: EVA BOWMAN, BOWMAN AGENCY

After Eva Bowman’s husband suffered a series of strokes that left him permanently disabled, Eva decided it was time to start her own business to provide for her family. Despite being a passionate sales person with strong insurance industry experience, she was unable to obtain... Read more...

Liberty and Vine - New Billings Mixed Use Building

We’re thrilled to partner with Yellowstone Bank on the financing of Liberty & Vine, a new mixed use building coming soon to Montana Avenue in downtown Billings, Montana. Owners Jason and Amy Pawlowski, who previously founded Candy Town USA in Billings, are converting the 100-year-old... Read more...

New Markets Tax Credits See All

$65 Million for New Business Opportunities, Job Creation

We’re thrilled to announce that communities across Montana, Idaho and Wyoming will soon see new investments in their futures thanks to a $65 million award from the U.S. Treasury’s New Markets Tax Credit (NMTC) Program. That money will go directly to businesses that create jobs,... Read more...

Blackfeet Community College Announces $7.5M for New Science and Education Building

It’s been a challenging couple of years for the town of Browning in northwest Montana, a community of 1,000 that has endured financial hardships, legal disputes and the disincorporation of its municipal government. We’re excited to share that a new investment into the local college... Read more...

New Markets Tax Credits Help Fresca Expand in Treasure Valley

In August, Montana & Idaho CDC closed a milestone New Markets Tax Credit deal with Fresca Mexican Foods in the Treasure Valley -- a project that will allow the tortilla manufacturer to expand its production capacity, maintain and create jobs, and revitalize a targeted urban... Read more...

Urge Congress to Keep Program that Boosts Montana Economy

Many of us are keeping an eye on tax reform legislation and considering how federal changes could impact our livelihoods here at home. I want to help make Montanans aware of one federal program that has been working under the radar for the past 10... Read more...

HomeNow See All

Home at last: one teacher’s journey to homeownership

Growing up as a military brat, Melody was used to moving around a lot. But the small community of Havre in North Central Montana remained one of her favorites - a place she hoped to return to one day. After earning a degree in education... Read more...

'Zero Down Payment' Grant Program for Homebuyers Expands to First Interstate Bank

Calling it a “game-changer,” a local nonprofit organization has announced that a zero down payment assistance program for homebuyers will be much more accessible in Montana. Home loan clients at First Interstate Bank in Montana now will be able to use the HomeNow program, which... Read more...

Supporters See All

Merc Hotel Developer to Get Low-Interest $800K Loan from Missoula Nonprofit to Create Jobs

A local nonprofit has been awarded a nearly $800,000 federal grant to help a private developer create permanent jobs and train workers after the construction of a new hotel in downtown Missoula. The Montana & Idaho Community Development Corp. announced this week that the grant,... Read more...

Yellowstone Bank Sponsors Technical Assistance for Small Business Entrepreneurs in Montana

Yellowstone Bank has announced a sponsorship that will allow Montana & Idaho CDC to expand the technical assistance it provides to entrepreneurs and small-business owners in accounting, marketing and other areas of business management. “The technical assistance we offer can include helping create business plans... Read more...

Montana & Idaho CDC Awarded $686,500 from U.S Treasury’s CDFI Fund

Montana & Idaho CDC Awarded $686,500 from U.S Treasury’s CDFI Fund Each year, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awards grants to CDFIs across the country. In FY 2017, it awarded 303 CDFIs with $208.7 million in awards.... Read more...