Making News

News & Updates See All

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...

Montana & Idaho CDC's New Office in Downtown Boise

In September, our Director of Client Services, Ben Wright, relocated to Idaho to open Montana & Idaho CDC’s new downtown Boise office. As the Idaho market lead, Ben covers a market that extends from McCall to Rexburg, south to Pocatello and across southern Idaho including... Read more...

Director of Lending Betsy Beauvais Recognized for Excellence in Finance, Idaho Business Review

Each year, the Idaho Business Review’s Excellence in Finance awards recognize financial professionals who are “setting a high bar for their company and Idaho’s business economy.” Montana & Idaho CDC is excited to share that Betsy Beauvais, Director of Lending was one of this year’s... Read more...

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...

Small Business Lending See All

Client Spotlight: Josh Ballman, Integrity Window & Door

Josh Ballman started Integrity Window & Door in Missoula in 2010. He proved to be a natural salesman, steadily building his business and gaining a solid reputation for professionalism and reliable service. In 2013, Josh moved Integrity Window & Door into a leased space at... Read more...

Interview with Layne Kaldor- All Lanes Moving

Layne Kaldor started All Lanes Moving 17 years ago. He came to Montana & Idaho CDC after a few years, because he needed a loan to purchase equipment to meet the growing demand for his services. Today, as he approaches retirement, Layne chatted with us... Read more...

Tin Roof Tacos Expands with Second Location

Working at her brother-in-law’s successful taco shop in Texas, Susan Loyd learned every aspect of the business and helped it grow. When Susan’s sister, Sandy Broun, moved to Boise, the two women saw a chance to recreate the taco shop they loved in a new... Read more...

New Markets Tax Credits See All

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...

Montana Senators, Nonprofits Urge Support for New Markets Tax Credit Program

As talk of national tax reform efforts heat up at the federal level, the fate of a federal tax credit program that has played a crucial role in several large economic development projects in Missoula is up in the air. The head of a local... Read more...

HomeNow See All

'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...

HomeNow: How Does it Work?

The HomeNow zero down mortgage program helps credit-worthy Montanans who want to buy a home but struggle to come up with a down payment. Here, our President, Dave Glaser, explains how this program supports our non-profit’s mission to provide low-income individuals with long-term financial security,... Read more...

Client Spotlight: A New Home, A New Business for Butte home buyer

Down payments are the largest barrier to homeownership, but HomeNow has been helping Montanans overcome this hurdle by helping out with their down payment. For one home buyer in Butte, a new home also meant a new job, and the flexibility she needed as a... Read more...