Montana Statutes
§ 17-6-802 — Purpose
Montana·Title 17 STATE FINANCE·Ch. 6 DEPOSITS AND INVESTMENTS·Part 8 Montana Housing InfrastructureRevolving Loan Fund
17-6-802 . Purpose. The purpose of the loans made and the bonds or other securities issued and purchased pursuant to this part are:
(1)to increase home ownership and provide more long-term rental opportunity;
(2)to increase housing supply and offer diverse housing types to meet the needs of population growth; and
(3)to create partnerships between the state, local governments, private sector developers, and applicants for residential development to finance necessary infrastructure for housing.
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Legislative History
En. Sec. 11, Ch. 774, L. 2023.
Nearby Sections
15
§ 17-6-102
Insurance On Deposits§ 17-6-103
Security For Deposits Of Public Funds§ 17-6-202
Investment Funds -- General Provisions§ 17-6-203
Separate Investment Funds§ 17-6-206
Reserved§ 17-6-207
Investment Of State Cabin Site Sales§ 17-6-208
Through 17-6-210 Reserved§ 17-6-212
State Purchase Of General Fund Warrants