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

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