The agency & primary document
- Allocating agency
- Montana Board of Housing / Montana Housing (MBOH)
- QAP / guidelines
- https://commerce.mt.gov/Housing/Developers/Housing-Credit/
- Governing document
- MiniFullMktStudyReq.xlsx (commerce.mt.gov) — Excel workbook with embedded Word document; Mini Market Study and Full Market Study types
- Methodology
- Agency-specific standalone methodology
Required market study sections
Montana uses its own standalone market study methodology rather than the NCHMA Model Content Standards. Agency-specific methodology — MBOH publishes its own requirements in an Excel file with an embedded Word document.
Key Montana rules
- Staleness window
- No clear coverage period stated — verify download date and re-download if older than 6 months
Montana-specific overlays
- TWO sub-types: Mini Market Study and Full Market Study — analyst must determine which applies per the embedded Word doc criteria
Required companion documents
- MktStudySum tab (PDF — place UP FRONT in report)
- AnalystCert tab (PDF — place in addenda)
Things analysts miss in Montana
- Requirements live in an Excel file with an embedded Word document — not a standalone PDF
- Determine Mini vs Full Market Study type before answering MT-specific questions — methodology differs by type
Produce a compliant Montana market study in minutes
StudyScribe auto-fills BLS, Census, HUD & FBI data, applies Montana Board of Housing / Montana Housing (MBOH)'s requirements, and exports a publication-ready DOCX. Start free — no credit card.
Start a free Montana report →Frequently asked questions
Who reviews LIHTC market studies in Montana?
Montana Board of Housing / Montana Housing (MBOH) sets the market study requirements and reviews submissions for Montana Low-Income Housing Tax Credit applications.
How current must a Montana LIHTC market study be?
No clear coverage period stated — verify download date and re-download if older than 6 months
Does Montana follow NCHMA standards?
Agency-specific methodology — MBOH publishes its own requirements in an Excel file with an embedded Word document.
Other states
This summary is for general reference and reflects Montana Board of Housing / Montana Housing (MBOH)'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.