Missoula Food Bank

NMTC financing supported the construction of the Missoula Food Bank

Investment

  • NMTC Amount: $6,500,000
  • Total Project Cost: $6,595,971

IMPACT

  • 2 FTE jobs
  • 80 construction jobs

CDEs

Investor

Voices from the Community

The NMTC directly impacts our ability to implement our housing, economic development and community development initiatives at the municipal level. As a rural community, this funding is instrumental in helping us achieve our goals and better the lives of our residents.

-Eran Pehan, City of Missoula, Montana

Project Description

To meet growing demand for its services, the Missoula Food Bank on Monday, Feb. 27, 2017, closed on financing for its new $6.6 million headquarters at 1720 Wyoming St. with the help of the MoFi, First Security Bank and the NMTC Program. Using NMTCs, MoFi provided $1.4 million in funding that the Food Bank wouldn’t otherwise have received. Construction of the new headquarters wouldn’t have been possible on the same scale without NMTC funding.

MAP

Address: 1720 Wyoming Street, Missoula, MT 59801

Census Tract: 30063000800

Other Montana Projects

A 100+ year old community nonprofit increased its capacity to serve homeless families and victims of domestic violence by building a new facility in a blighted area.
After standing vacant for nearly a decade, the final lot leveled by a 2009 natural gas explosion is bringing new community benefits to downtown Bozeman.
NMTC financing supported the construction of the Missoula Food Bank

The project involves the construction of a 21,661 sq. ft. administration building for non-medical staff at the Rocky Boy Health Center (“RBHC”). The new facility is located on in the