As of July 29, we are pleased to announce our submission of a full application for tax credits to Montana Housing for Paxson Place, a senior proposal in Butte. We are optimistic about the chance of this project being funded. The market study indicated a need for 159 new affordable senior homes in Butte today with the number only increasing in years to come. Butte hasn’t had an award for senior housing in many years and that fact is clearly shown in the need for new senior homes. At this point, Montana Housing will begin the process of reviewing the proposals they have received from across the state. Ultimately they will determine which projects to fund later this fall. More updates to come.