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Alderville gets funding for affordable housing from CMHC

A First Nations family now has an affordable, energy efficient home. Habitat for Humanity in Windsor-Essex partnered with Can-Am Urban Native ...

Governor joins in celebration for new apartments, hospital funds

Gov. Steve Bullock joined in two celebrations Friday in northcentral Montana that included the opening of 38 homes for senior housing in Great Falls and to announce grant money to be used to upgrade a hospital in Fort Benton.

Missouri River Medical Center in Fort Benton will receive $800,000 in Community Development Block Grant funds to help the critical-access hospital do mechanical system upgrades to its aging facility, Bullock said. 

“Our rural critical access hospitals are essential to providing the quality of life all Montanans deserve and literally save lives by providing emergency services,” Bullock said. 

He said the funds will help  Fort Benton keep good-paying jobs all while improving access to health care in this rural area of the state.

As a critical access hospital, the medical center must have emergency staff on hand at all times.

Leahy brings home $11 million in community funding

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) announced Tuesday that Vermont will receive more than $11 million in new affordable housing and community development funds from the US Department of Housing and Urban Development (HUD).  Earlier this year, as Vice Chairman of the Senate Appropriations Committee, Leahy successfully negotiated the fiscal year 2017 appropriations act, which included funding for HUD, the department responsible for administering the nation’s affordable housing programs, including the Community Development Block Grant (CDBG) and HOME programs. Vermont will receive approximately $7 million in CDBG funds, $3.4 million in grants from the HOME program and more than $635,000 for homelessness assistance grants.

Leahy said:  “Affordable housing and community development are priorities for Vermonters and for Americans from coast to coast, and they deserve to be priorities in annual appropriations bills.  The Appropriations Committee is where we set priorities, and where those priorities become real.  I am proud that we were able to renegotiate investments in programs as important as CDBG and HOME this year, so that communities may retain the flexibility to make investments where their communities need it most.”

Which investment funds would invest in a profitable affordable home building company in an emerging market?

None; a publicly traded home builder in emerging markets in a beast virtually unheard of.

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