Montana Statutes
§ 90-6-146 — Community Reinvestment Organizations
Montana·Title 90 PLANNING, RESEARCH, AND DEVELOPMENT·Ch. 6 COMMUNITY IMPACT -- PLANNING AND ABATEMENT·Part 1 Financing of Housing
90-6-146 . Community reinvestment organizations.
(1)A community reinvestment organization meeting the requirements of 90-6-147 may be established no later than December 31, 2024.
(2)There may be a maximum of 16 community reinvestment organizations in the state.
(3)The geographic boundaries of each community reinvestment organization must be similar to the boundaries determined by the department of commerce for certified regional development corporations provided for in 90-1-116 . Regions not included in the described boundaries may establish community reinvestment organizations up to the maximum number allowed in subsection (2). The certified regional development corporation may choose to create and manage a region's community reinvestment organization but is not required to serve as th
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Legislative History
En. Sec. 6, Ch. 774, L. 2023; amd. Sec. 24, Ch. 774, L. 2023.
Nearby Sections
15
§ 90-6-1001
Oil, Gas, And Coal Natural Resource Accounts§ 90-6-101
Short Title§ 90-6-102
Legislative Declaration§ 90-6-103
Definitions§ 90-6-104
General Powers Of The Board§ 90-6-105
Meetings And Acts Of The Board§ 90-6-106
Adoption Of Rules§ 90-6-107
Deposit And Expenditure Of Funds§ 90-6-108
Financing Programs Of The Board§ 90-6-110
Supervision Of Housing Sponsors§ 90-6-111
Bonds And Notes§ 90-6-112
Provision Of Bond Resolutions§ 90-6-113
Validity Of Pledge§ 90-6-114
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