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City approves TIF funds for downtown apartment rehabilitation

City Commissioners approved a tax increment financing request during their May 21 meeting for a downtown apartment rehabilitation project. The funds will go toward the renovation of the 60-unit Elmore Roberts Apartments at the corner of Central Avenue and 6th Street. The developers, Elmore Roberts Community Partners, has purchased the building and requested $430,000 in

City considering TIF funds for downtown apartment rehabilitation

Rehabilitation is planned for the 60-unit Elmore Roberts Apartments at the corner of Central Avenue and 6th Street and the developers are requesting tax increment financing funds for the project. City Commissioners will consider the request for $430,000 in downtown TIF funds during their May 21 meeting. City staff are recommending approval of the request.

Developer requesting TIF funds for downtown apartment rehabilitation

Rehabilitation of the 60-unit Elmore Roberts Apartments at the corner of Central Avenue and 6th Street. The developers presented the project and their tax increment financing request to the Downtown Development Partnership during their April 24 meeting. The developers, Elmore Roberts Community Partners, are requesting $430,000 in downtown TIF funds. Tax increment financing districts are

State awards tax credits for downtown apartment rehabilitation project

The Montana Department of Commerce has awarded more than $32 million in federal housing tax credits for developments in five communities, including Great Falls, that will build or rehabilitate more than 150 affordable housing units. This year, developers submitted housing tax credit applications for eight projects, requesting nearly $50 million to build or rehabilitate homes.…

Tax credits, renovation planned to maintain affordable housing building downtown

Community Preservation Partners is pursuing state tax credits for a renovation project at the Elmore Roberts Apartments at the corner of Central Avenue and 6th Street. The firm presented to the Montana Board of Housing in May and has been invited back for the full tax credit application process in the fall. The firm is…

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