The Community Development Board makes recommendations relative to proposed activities at 3:00pm on the first Tuesday of each April. Meetings are held in the Miller Building, 2825 3rd Avenue North, 6th Floor. Funding recommendations will be forwarded to the City Council and a public hearing will be held in April during a City Council meeting. Information on City Council meetings can be found online.
First Time Home Buyer Program
The First Time Home Buyer program provides loan financing to assist with down payment and closing costs to low income households to purchase their first home within city limits. Applicants must not have owned a home in the past three years to qualify.
Foreclosure Acquisition, Rehabilitation & Sale Program
The City has purchased several vacant, foreclosed homes to rehabilitate and sale through the First Time Home Buyer program. This program is an extension of the Neighborhood Stabilization Program funded through the Montana Department of Commerce in 2009.
Affordable Housing Development
A minimum of 15% of the HOME annual allocation is required by HUD to be reserved for Community Housing Development Organizations (CHDOs). These funds are made available by the City of Billings through an application and approval process involving both the Community Development Board and the City Council.
Billings Metro VISTA Project
The Billings Metro VISTA Project places AmeriCorps VISTA members with nonprofit and community organizations to work on projects that reduce of risk of homelessness and create the tools people in poverty need to build sustainable futures. Priority focus areas include education, financial literacy, housing, employment, food security, access to healthcare, opioid / addiction prevention, and services benefiting Veterans and military families.