MONTANA COMMUNITY DEVELOPMENT CORP
229 EAST MAIN STREET, MISSOULA, MT 59802 www.mofi.org

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Organizations Filed Purposes: MONTANA COMMUNITY DEVELOPMENT CORPORATION (DBA "MOFI") HELPS PEOPLE AND COMMUNITIES BY PROVIDING FLEXIBLE, RESPONSIBLE FINANCING TO PEOPLE, PROJECTS AND COMMUNITIES THAT ARE OUTSIDE THE FINANCIAL MAINSTREAM. OUR ROLE IS TO FOSTER A RESILIENT ECONOMY BUILT ON THE INHERENT STRENGTHS OF THE PEOPLE AND THE PLACE WHERE THEY LIVE. SINCE 1986, MOFI HAS SERVED HUNDREDS OF ENTREPRENEURS WITH LOANS AND CONSULTING SERVICES. THE BUSINESSES OUR CLIENTS CREATE PROVIDE JOBS AND HELP SUSTAIN THEIR LOCAL COMMUNITIES. IN ADDITION, MOFI IS A COMMUNITY DEVELOPMENT ENTITY (CDE) AND ELIGIBLE TO MAKE NEW MARKET TAX CREDIT-ENHANCED LOANS TO INCENTIVIZE CATALYTIC DEVELOPMENT PROJECTS THAT CREATE JOBS AND STIMULATE ECONOMIC ACTIVITY FOR LOW-INCOME PEOPLE AND IN LOW-INCOME PLACES. FINALLY, MOFI'S DOWN PAYMENT ASSISTANCE PROGRAM OPENS DOORS TO HOMEOWNERSHIP FOR QUALIFIED BUYERS WHO LACK THE SAVINGS FOR A DOWN PAYMENT. OUR PRIMARY SERVICE AREA INCLUDES MONTANA, IDAHO, WYOMING, EASTERN OREGON AND EASTERN WASHINGTON

MONTANA COMMUNITY DEVELOPMENT CORPORATION (DBA "MOFI") PROVIDES FINANCING AND CONSULTING SERVICES THAT TRANSFORM LIVES AND COMMUNITIES.

FOUNDED IN 1986, MONTANA COMMUNITY DEVELOPMENT CORPORATION DBA MOFI IS A 501(C)(3) NONPROFIT, CDFI AND CDE LENDER THAT WITH A MISSION TO PROVIDE FINANCING AND CONSULTING THAT TRANSFORMS LIVES AND COMMUNITIES. MOFI HELPS PEOPLE WHO ARE TRYING TO BREAK THE CYCLE OF POVERTY BY STARTING OR GROWING A BUSINESS BUT ARE DENIED BANK FINANCING. MOFI'S SERVICES HELP PEOPLE BUILD SUCCESSFUL BUSINESSES AND FINANCIAL INDEPENDENCE. MOFI WORKS IN THE NORTHERN ROCKY MOUNTAIN REGION INCLUDING MONTANA, WYOMING, IDAHO, AND EASTERN OREGON AND WASHINGTON. THE ORGANIZATION HAS TWO PRIMARY LENDING PROGRAMS: (1) PROVIDING LOANS TO SMALL AND MICROBUSINESSES THAN CANNOT SECURE CONVENTIONAL FINANCING, AND (2) PROVIDING NEW MARKETS TAX CREDIT (NMTC) ENHANCED LOANS TO CATALYTIC PROJECTS THAT CREATE JOBS, PROVIDE CRITICAL COMMUNITY SERVICES FOR LOW INCOME PEOPLE, AND TRANSFORM ECONOMIES IN THE REGION'S MOST IMPOVERISHED AREAS. ALL OF MOFI'S BORROWERS HAVE ACCESS TO MOFI'S COMPREHENSIVE SUITE OF FREE BUSINESS CONSULTING SERVICES THAT INCLUDES BUSINESS AND FINANCIAL PLANNING, FINANCIAL EDUCATION, CREDIT BUILDING, LEGAL SERVICES, MARKETING AND BRAND DEVELOPMENT, ACCOUNTING SERVICES, ASSISTANCE WITH HUMAN RESOURCE POLICIES AND INCLUSIVE HIRING STRATEGIES, AND ULTIMATELY ASSISTANCE OBTAINING BANK FINANCING AND JOINING THE FINANCIAL MAINSTREAM. IN ADDITION TO THE CORE LENDING PROGRAMS, MOFI ALSO OFFERS AN URGENT HOME REPAIR PROGRAM FOR PEOPLE LIVING IN MANUFACTURED HOMES WHO ARE UNABLE TO ACCESS FINANCING TO MAKE THEIR HOMES SAFE AND LIVABLE, AND IN MONTANA AND IDAHO'S SMALLEST RURAL COMMUNITIES, TO HELP ENSURE THAT PEOPLE, ESPECIALLY THOSE IN VERY POOR AREAS, HAVE ADEQUATE ACCESS TO SOCIAL SERVICES, MOFI OFFERS COMMUNITY FACILITY LOANS TO MUNICIPALITIES AND NONPROFITS.

IN MONTANA, TO COMBAT HIGH HOUSING COSTS COUPLED WITH VERY LOW WAGES, MOFI OFFERS DOWN PAYMENT ASSISTANCE FOR HOMEBUYERS THROUGH A COMMUNITY SECOND MORTGAGE PROGRAM.

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