Event Detail

Come hear about an opportunity to finally buy your own home here in Seeley Lake! Tuesday July 27th at 5:30pm in the West Wing of the Foundation Building (3150 MT Hwy 83 N).
Trust Montana, a non-profit community land trust, will present on its Home Buyer Choice (HB Choice) homebuyer assistance program, which will provide five grants up to $80,000 to income-qualified home buyers in Missoula County.
Applications are due Friday August 20, 2021. A lottery will be held to select the 5 applicants. *Hint—there’s not many so far, so any qualified Seeley Lakers have really good odds of being drawn!
The lottery winners will search for a home on the market and the HOME funds will be used to pay down the total cost. The buyer must have a household income at or below 80% of the Area Median Income (AMI) for Missoula County at the time of purchase. (For example, 80% of AMI for a family of four is $60,150.) Applicants may not own any other real estate, and must complete a HUD certified homebuyer education class and counseling session. Other criteria apply: to learn more about the program visit www.trustmontana.org/home-buyer-choice or email info@trustmontana.org. Or come listen in person and get help applying on July 27th!
In consideration for the homebuyer assistance grant, the underlying land will be deeded to Trust Montana at closing. In this shared equity form of home ownership, Trust Montana will own the land, and the homeowner will own the home and other improvements. This keeps mortgage costs low and allows the homeowner to earn limited equity over time. Due to Trust Montana’s long-term stewardship commitment, the home will remain affordable in perpetuity.