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County approves HomefrontHAB Development as community reinvestment organization to pursue state housing program
Summary
The Yellowstone County commissioners voted to participate in MontanaCommunity Reinvestment Plan and designate HAB Development (under Homefront) as the countycommunity reinvestment organization, citing urgent workforce housing needs and steps required for matching funds.
The Yellowstone County Board of County Commissioners voted Aug. 13 to join the Montana Community Reinvestment Plan and to designate HAB Development Corporation, part of Homefront, as the county's Community Reinvestment Organization (CRO). The resolution (24-126) passed by voice vote after brief discussion and public comments in support.
Patty Webster of Homefront, who spoke for the application, said the organization does not need to have matching funds in-hand before lending but must provide proof of the match to the state. "No," Webster said when asked whether the match must be in hand; "we have to provide proof…
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