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Learn about the City of Great Falls Housing Rehabilitation Loan Program

City of Great Falls
Posted at 7:11 PM, Dec 30, 2022
and last updated 2022-12-30 21:18:19-05

GREAT FALLS — The City of Great Falls offers an emergency loan program for low-income homeowners and landlords of low-income tenants.

The program is designed to address emergency needs such as water, sewer, heat-related issues, and other items deemed emergency in nature by the city's Planning & Community Development.


  • The property must be within the City limits of Great Falls.
  • Mobile homes are not eligible unless attached to a permanent foundation.
  • The loan must be securable by the City with not less than a second mortgage position.
  • Applicant will sign a Promissory Note in addition to the Mortgage.
  • Property must be insured for the life of the loan.
  • All utilities and property taxes must be current.
  • Total Loan to Value, including the City’s loan, must not be more than 100% of the property value.
  • If program funds become limited, projects will be selected by the City’s Grant Committee on a "needs" basis.
  • All City code and zoning requirements must be met.
  • The full loan amount is due and payable to the City upon any transfer of title from the loan recipient(s).
  • Eligibility of meeting a low to moderate income benefit is based on income of the applicant for residential or tenant for rental properties.
  • Properties built prior to 1978 are subject to Lead requirements.

There are limited funds available and are on a first come, first serve basis to eligible applicants. Click here to learn more.