Commerce Awards Economic Development Grant to Missoula County
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HELENA, Mont. – The Montana Department of Commerce announced today that Missoula County will receive $525,000 of grant funding through Commerce’s Community Development Block Grant Economic Development Program. The grant will be used to replace the roof at the Missoula Children’s Theater.
“It’s crucial for Montana’s economy to continue to expand and thrive, especially in communities experiencing significant population growth. That’s why Commerce provides Montana communities with CDBG grants that can support the development of economic expansion,” said Montana Department of Commerce Acting Director Mandy Rambo.
CDBG-ED funding can assist businesses by awarding grants to local governments and making fixed-rate financing available to those businesses at low interest rates and can offer payment deferrals, lower first-year payments and interest-only payments.
Mike Morelli, executive director of MCT, said, “The Missoula Children’s Theater is honored to partner with Missoula County and the Montana Department of Commerce to receive this CDBG funding to replace our roof, ensuring that our staff has a safe place to work, and that our work can continue impacting 750,000-plus people around the world every year through our performing arts education programming.”
CDBG-ED grants are available to counties, incorporated cities and towns and consolidated city-county governments except Billings, Bozeman, Great Falls and Missoula.
For more information, visit commerce.mt.gov.
“It’s crucial for Montana’s economy to continue to expand and thrive, especially in communities experiencing significant population growth. That’s why Commerce provides Montana communities with CDBG grants that can support the development of economic expansion,” said Montana Department of Commerce Acting Director Mandy Rambo.
CDBG-ED funding can assist businesses by awarding grants to local governments and making fixed-rate financing available to those businesses at low interest rates and can offer payment deferrals, lower first-year payments and interest-only payments.
Mike Morelli, executive director of MCT, said, “The Missoula Children’s Theater is honored to partner with Missoula County and the Montana Department of Commerce to receive this CDBG funding to replace our roof, ensuring that our staff has a safe place to work, and that our work can continue impacting 750,000-plus people around the world every year through our performing arts education programming.”
CDBG-ED grants are available to counties, incorporated cities and towns and consolidated city-county governments except Billings, Bozeman, Great Falls and Missoula.
For more information, visit commerce.mt.gov.
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