6108 Northstead Ave. Unit 201Billings, MT 59101

Apply Here: trustmontanaclt.org/co-purchase-program-down-payment-assistance-billings/

Down payment assistance available in 2026 for Annafeld Townhomes built by McCall Homes in Billings Applicants can apply for up to $90,000 to help buy a newly-constructed home.

The home will be placed in a community land trust, so the homebuyers will own the home and lease the land for a small monthly fee ($50 per month). The application period is scheduled for January 2026.

Affordable homeownership opportunity through Trust Montana’s Co-Purchase Program offering up to $90k in HUD-funded down payment assistance for income-qualified buyers. Household income must be at or below 80% of Area Median Income for Yellowstone County. FHA first time homebuyer def. & mortgage requirements apply. This reduces home purchase prices to approximately $175k–$190k (based on household income & need). Buyer purchases the townhome & leases the land for $50/month on a long-term, renewable ground lease w/ resale price restrictions to preserve affordability.

This program supports true homeownership w/ equity-building potential while lowering upfront costs. Assistance is awarded based on need, w/ up to four buyers selected through a random drawing following a completed application. Purchase price is firm; no higher offers accepted. Contact us for more information & a link to the application.