Support HB 416, Provide income tax credit for renting below market rate
Raise your voice for a better Montana by testifying on this bill. Write out your comments in advance, then follow the link to sign up to testify or submit written comment
What: HB 416, Provide income tax credit for renting dwelling below market rate
When: Tuesday, February 14th @ 9 AM
Where: House Taxation Committee – Room 152 – Sign up to testify or submit written comment
Montana’s housing crisis is going to require multi-pronged solutions. This bill allows us to incentivize affordable rents right away, while other housing solutions (like incentivizing new building) take time for Montanans to see the results.
30% of Montanans rent and they are struggling to keep up with skyrocketing rates that are pricing out Montana families from the communities they choose to live in; this is an issue that affects our economy too, as many communities struggle to find workers who cannot afford housing
This bill provides an incentive to landlords to rent units at rates Montanans can actually afford – and benefits both renters and landlords. It’s a win-win.
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