Down payment assistance · Montana
1 county-wide program, 1 city with their own, plus 11 statewide and 62 nationwide.Yellowstone has 1 program that covers the whole county and 1 city with a program of their own. On top of those, 11 statewide and 62 nationwide programs are open here. Start with your city or ZIP to see which apply to the home you want.
Free · No credit pull · No SSN
Anywhere in YellowstoneAnywhere in Yellowstone County
It asks for a homebuyer class.This is run for the whole county, so a home in Billings, Laurel or Lockwood can use it. It asks for a homebuyer class.
First mortgage · New construction · Income limit 80% of AMI
Newly-constructed Habitat single-family homes (one-level, ADA-accessible, attached garage; up to 4 bedrooms)
AMI is HUD’s area median income for Yellowstone, adjusted for household size. Each program publishes its own dollar limits.
Only inside city limits
For a home inside that city, on top of the county-wide 1.A city program is for a home inside that city. Buying there? It sits on top of the 1 county-wide program above.
The Yellowstone marketThe Yellowstone housing market
Condos count. 0 of the 1 county-wide program and 2 of the 3 city programs list condos as eligible. Habitat for Humanity Mid-Yellowstone Valley Homeownership Program lists newly-constructed habitat single-family homes (one-level, ada-accessible, attached garage; up to 4 bedrooms). First Time Home Buyer Loan Program lists single-family detached residentially zoned homes within city of billings city limits..
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
47.7%
of Yellowstone homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
The two income figures measure different things. HUD’s area median income is the one programs use. 17 of the 77 programs here set their income limit as a share of Yellowstone County’s area median income, adjusted for household size. See the published limits for Yellowstone County
Free help in YellowstoneFree help in Yellowstone
4 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 4 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
Free account → 90-second match → your counselors · Sign in
Counted from HUD’s list of approved agencies: active offices whose ZIP code is in Yellowstone County.
The 1 county-wide program cover homes anywhere in the county. City programs, like Billings’s, are only for homes inside that city’s limits. Each agency sets its own rules, so confirm on the program’s official site.
Sometimes. Combining ("stacking") programs is set by each administering agency, and some do not allow a second program on the same home. Each program’s page links to the agency that can say.
HUD publishes it once a year; the 2026 four-person figure is shown above. Programs set their limits as a share of it, adjusted for household size, and the published limits page lists each one.
0 of the 1 county-wide program and 2 of the 3 city programs list condos as eligible. Habitat for Humanity Mid-Yellowstone Valley Homeownership Program lists newly-constructed habitat single-family homes (one-level, ada-accessible, attached garage; up to 4 bedrooms). First Time Home Buyer Loan Program lists single-family detached residentially zoned homes within city of billings city limits.. The agency confirms it for the home you choose.
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency has an office in Yellowstone County. Create a free account and take the 90-second match to see the ones near you.
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Sources
Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024), tables B01003, B25077, B25003, B25024, B25034, B25035, B19013. Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.