The Yellowstone County Commissioner Meeting on May 21, 2024, focused on critical discussions surrounding the allocation of Community Development Block Grant (CDBG) funds, aimed at addressing pressing needs in the region. The meeting served as the first public hearing for CDBG funding outside of Billings, allowing community members to voice their concerns and proposals regarding affordable housing and economic development.

Tom McLean from Big Sky Economic Development outlined the purpose of the CDBG program, which is administered by the Montana Department of Commerce. He explained that these funds are designated for projects that benefit low to moderate-income individuals and communities. The program encompasses four main categories: affordable housing development, public and community facilities, planning grants, and economic development. Each category aims to stimulate growth and improve living conditions for residents in non-entitlement areas of Montana.

During the public hearing, community members expressed their support for initiatives that would enhance affordable housing options. Steve Simonson from the Billings Association of Realtors emphasized the importance of homeownership as a means of wealth building and stability. He urged the county to consider repurposing undeveloped parkland for workforce housing, highlighting the connection between housing availability and economic development.

Brenda Rankin, also representing the real estate sector, echoed these sentiments, pointing out the significant increase in home prices over the past six years. She noted that the average home price has risen to $379,000, making it increasingly difficult for families to qualify for loans. Rankin stressed the need for affordable housing to attract businesses and create jobs in the area, reinforcing the idea that housing and employment are interlinked.

The commissioners will take the input from this hearing into account as they decide whether to sponsor any CDBG applications. If they choose to support a project, a second public hearing will be scheduled to gather further community feedback. This process underscores the county's commitment to engaging with residents and addressing their needs through targeted funding initiatives.

As the meeting concluded, the discussions highlighted the urgent need for affordable housing solutions in Yellowstone County, setting the stage for future actions that could significantly impact the community's economic landscape. The commissioners' next steps will be crucial in determining how effectively these needs are met and whether the proposed projects will move forward.