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Redevelopment of downtown Helena building going forward after securing tax credit financing

Redevelopment of downtown Helena building going forward after securing tax credit financing Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Jonathon Ambarian and last updated 2021-03-11 19:00:30-05 HELENA — The $6.5 million redevelopment of a prominent downtown Helena building is moving forward, after securing financing last week. 317 Cruse Partners purchased the former Helena Independent Record building last year, with plans to turn it into a mixed office and retail space called “The Independent.” On Thursday, the Missoula nonprofit lender MoFi announced that it was providing funding for the project through the federal New Markets Tax Credit program.

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