GREAT FALLS - A new down payment assistance program is helping more Montanans realize the dream of homeownership. NeighborWorks Great Falls ( NWGF ) has launched the HomeStretch program.

During the 2023 Montana Legislative session, House Bill 819 created $50 million through the Community Reinvestment Organization (CRO) Down Payment Assistance Program.

NWGF leveraged $7 million in private funds, which became more than $14 million total after a dollar-for-dollar match with the State of Montana. NWGF serves seven counties, which include Cascade, Chouteau, Teton, Toole, Pondera, Blaine and Glacier.

HomeStretch will serve households earning between 60% and 140% percent of the area median income (AMI). It will help qualified buyers finance up to 30% of the home's total purchase price.

“For

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