Mission

To develop and maintain statewide financing programs which provide for and maintain access to the broadest range of low-cost capital financings for eligible non-profit private and public institutions as well as for-profit small manufacturing facilities. MFFA financing programs will promote affordable access to and availability of goods and services for the consumer.

Goals & Objectives

Montana Department of Commerce 2017 Biennium Goals & Objectives (PDF)

 

Financing Programs

  • Maintain policies providing for staff loan and grant approval
  • Maintain policies providing for grant awards
  • Maintain program criteria for financing elderly services
  • Notify all community service providers of direct loan programs
  • Provide comparative post-issuance reports to borrowers
     

Marketing Activities

  • Publish and distribute an Authority program information brochure
  • Present Authority programs at MHA conventions
  • Sponsor and present Authority programs at HFMA conventions
  • Maintain an Authority webpage
  • Prepare and mail quarterly newsletter for borrowers and interested clients
     

Educational Activities

  • Attend national educational seminars and conferences
  • Participate in regional board member educational retreats
     

Advocacy Activities

  • Mail post-bond issuance letters to applicable legislators
  • Promote applicable tax legislation in the state and federal arenas
  • Recommend financing initiatives to the executive and legislative branches
     

Operational Activities

  • Levy fees and charges that fund the Authority's operational costs as well as build its financial reserves to meet its current and contingent obligations
  • Recruit and educate staff and Board members

MONTANA FACILITY FINANCE AUTHORITY | MONTANA DEPARTMENT OF COMMERCE
2401 COLONIAL DR. 3rd Floor | PO BOX 200506 | HELENA, MT 59620-0506 | P: (406) 444-0052 | F: (406) 444-0019 | TDD: (406) 841-2702