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Council reviews TIF loan request for 24‑unit Outpost Kalispell affordable housing project
Summary
Staff outlined a request for Westside Core Area TIF assistance and a loan up to $113,700 to support demolition, site prep and sidewalk work for a 24‑unit affordable housing project at 40 Apple Way Drive; the council heard technical questions and public support but a vote on the loan is not recorded in the transcript excerpt.
City staff presented a request for tax increment financing (TIF) assistance for a 24‑unit affordable housing project at 40 Apple Way Drive (branded in the presentation as the Outpost/Outpost Kalispell project).
Staff described a proposed loan of up to $113,700 to be used for site preparation and shared utility/sidewalk work. The staff breakdown in the presentation listed $65,900 for demolition and site preparation and $47,800 for shared utilities and sidewalk construction. The project was described as 24 apartment units (12 one‑bedroom and 12 two‑bedroom units) intended for renters earning roughly 50–60% of area median income, on a 0.88‑acre site with 30 parking spaces planned.
The community utilities representative said the applicant has some financing commitments, including terms from Glacier Bank, and that the project meets multiple criteria in the Westside Core Area plan and state urban renewal law; the urban renewal agency had recommended approval and the revolving loan fund committee will analyze loan terms.
Councilors asked whether the loan would be interest‑free and about typical loan terms; staff said final terms would be set by the loan itself and may include favorable rates under the revolving loan fund compared with private construction loans and that terms cannot exceed the TIF sunset (staff said the district sunset is about 10 years). A public commenter, Jody Cross, executive director of Northwest Montana United Way, told council the property was originally a United Way building and expressed support for the housing proposal.
No final council vote on the TIF loan is recorded in the excerpt provided to the transcript; staff said the revolving loan fund committee would review pro forma documents and finalize loan terms before council action.
Next steps listed by staff include a review by the revolving loan fund committee, further analysis of loan terms and alignment with low‑income housing tax credit timelines.
