Montana State Government and Public Real Estate News

Senator Jon Tester released the following statement after the Native American Housing Assistance and Self-Determination Act (NAHASDA), an initiative that awards block grants for tribes and tribal housing authorities, passed unanimously out of the Senate Indian Affairs Committee
The Death Tax, officially known as the “estate tax,” taxes children, grandchildren and other relatives for inheriting property, a business, or other assets following a loved-one’s death. This tax is particularly threatening to family-run farms and small businesses because their investments are typically illiquid and include equipment, machinery and land.
The program is designed to strengthen the economy by developing and enhancing Montana’s nearly $4 billion tourism industry. But according to Meg O’Leary, director of the Department of Commerce, funding is available to a wide variety of businesses and organizations.


MSU (Montana State University) Extension in Sweet Grass County will offer a backyard greenhouse symposium on April 25 for those interested in extending the growing season. The program will be at the Sweet Grass County Fairgrounds, 78 Fairgrounds Rd., Big Timber.
In total, ten projects ranging from meat processing and dairy to food processing and organics were awarded funding. The council also announced that $110,000 in funding will be available with an application deadline of May 4, 2015.
Senator Steve Daines today marked “Tax Day” by continuing his efforts to stand up for hardworking Montanans and repeal the death tax.
In Montana, over 300 families were able to secure mortgage financing on trust land that otherwise was nearly impossible to obtain.
Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary today announced the recent award of $4,035,550 in federal Housing Credits to the Missoula Housing Authority to assist with the rehabilitation of River Ridge Apartments. The River Ridge complex has 70 units available to low-income and disabled seniors. The federal funding is being made available through the Montana Board of Housing
While touring Montana with VA Secretary Bob McDonald, Senator Jon Tester hailed a $6 million grant that is being awarded to the Volunteers of America Northern Rockies to help end veterans homelessness in Montana.
Senator Jon Tester released the following statement after the U.S. House of Representatives voted to reauthorize the Native American Housing Assistance and Self-Determination Act (NAHASDA), an initiative that awards block grants for tribes and tribal housing authorities in order to make investments in housing in Native American communities.
The Montana Department of Commerce is preparing the State of Montana’s application for Community Development Block Grant – National Disaster Resilience (CDBG-NDR) funds from the U.S. Department of Housing and Urban Development
The Helena Business Improvement District (HBID) is seeking a consultant or team of consultants to assist the HBID and the City of Helena in creating a Downtown Helena Master Plan.
(U.S. SENATE)-Vice Chairman of the Senate Indian Affairs Committee Jon Tester today described the state of Native American housing as a "crisis" and pushed for increased resources for Indian housing programs, including improving and reauthorizing the Native American Housing Assistance and Self-Determination Act (NAHASDA)
The department had processed 225,717 electronic and paper individual income tax returns and issued 197,821 refunds averaging $403. Taxpayers who file their state income taxes electronically typically receive their refunds faster than those who file by paper.
Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary announced the award of $1.041 million in Big Sky Economic Development Trust Fund grants to seven businesses for business growth and expansion plans.


Tester, Johanns Build Momentum for Housing Finance Reform

U.S. SENATE – July 24, 2013 – (RealEstateRama) — Senators Jon Tester (D-Mont.) and Mike Johanns (R-Neb.) continue to build momentum behind their bipartisan efforts to protect taxpayers by reforming America’s housing finance market.

Tester and Johanns discussed bipartisan legislation they are cosponsoring, The Housing Finance Reform and Taxpayer Protection Act, at a hearing today in their Banking Subcommittee. The hearing examined how their legislation would rebuild the housing finance system to protect taxpayers and ensure that smaller mortgage originators, such as the community banks and credit unions, continue to play an important role in the lending process. more »

 
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