MRA Reserves $9.7M TIF for Franklin Crossing Housing

The Missoula Redevelopment Agency Board approved a $9.7 million URD III TIF funding placeholder with the Missoula Housing Authority for the Franklin Crossing affordable housing project at 1919 North Avenue West. The commitment will support infrastructure and gap financing contingent on state housing credits and loans.

Scope & details

The full contract record, as filed.

Contract amount

$9,700,000

Contract type

OTHER

Renewal

One-time TIF funding reservation for FY27 (likely shifting to FY28) to support infrastructure and income-qualified housing; final agreement and any adjustments will be brought back to the Board after external financing awards are confirmed.

Document type

Agenda

Source document

Missoula Redevelopment Agency Board Meeting Agenda April 16, 2026

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Missoula Housing Authority Board Meeting Packet 2026-07-15

APPROVED

Missoula Housing Authority, Montana$9,700,000 MRA Workforce Housing GrantJul 15, 2026

Missoula Redevelopment Agency Board Minutes March 2026

PENDING

City of Missoula, Montana$9,700,000Mar 24, 2026

Missoula Redevelopment Agency Condensed Board Meeting Minutes 2026-03-24

missoula-housing-authority-board-report-construction-updates-vendor-selection-jan-18-2023_db4.md

APPROVED

Missoula Housing Authority, Montana$9,770.00; $89.00Jan 18, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Missoula?

Missoula Housing Authority was awarded this government contract by City of Missoula, as recorded on April 16, 2026. The contract value is $9,700,000.

How much is the Missoula Housing Authority contract with City of Missoula worth?

The Missoula Housing Authority contract with City of Missoula is valued at $9,700,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Missoula Redevelopment Agency Board Meeting Agenda April 16, 2026 (Agenda), dated April 16, 2026 from City of Missoula. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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