[OPENS MAY 2026] Renewable Resource Loans to Private Entities
Program Information:
Match Requirement: No Match Required
Maximum Award Amount: 3000000
Sub Funding Type: Implementation or On-The-Ground Work
Funding Type: Loan
Funding Source: State
Organization Name: MT Dept. of Natural Resources & Conservation
Eligible Applicants: Private Individual, For-Profit Business
Categories:
Loans for private water development projects are available from the department. Loans to individual private entities may not exceed the lesser of $400,000 or 80 percent of the fair market value of the security given for the project. Private loans to individuals must be secured with real property. Loans up to $3 million are available for such organizations as water user associations and ditch companies. These loans are scored by the revenue produced by the system. Provide funding for development and improvements to the following: Municipal drinking water and wastewater systems; solid waste; irrigation; renewable resource projects such as dams, soil and water conservation, and forest enhancement. DNRC has the authority to provide loan financing each biennium. The amount of each loan is limited by the applicant’s bonded debt capacity. The financial guidelines and security requirements normally required for the issuance of general obligation or revenue bonds apply. Interest rates vary with the coal severance bond rate and may be adjusted by the legislature. The term of the loan is also variable, but typically is limited to 20 years. Scroll down to “Private Loans” on the program website.