Downpayment Assistance

Cover your down payment with a low-interest loan from HRDC.

This program can provide down payment assistance to qualified first time homebuyers in Gallatin, Park, and Meagher Counties.

Qualified first time homebuyers may be eligible for down payment assistance up to $30,000.00. This is in the form of a second loan at 0% interest and deferred repayment.

This program is for first time homebuyer households earning 80% or less of the Average Median Income (AMI) adjusted for household size in Gallatin, Park and Meagher Counties.

The first step to qualify for down payment assistance is to complete HRDC’s Homebuyer Education class, complete one-on-one counseling, and contact our Secondary Lending Specialist by email at or by phone at 406.585.4875.


Bozeman Office
32 S Tracy Ave
Bozeman, MT 59715

Livingston Office
111 S Second St
Livingston, MT 59047

Contact Information

Secondary Lending Specialist
p: 406.585.4875
f: 406.585.3538

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Brooke Poole

Public Sector

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Ron Brey

Public Sector

Ron served as Bozeman’s Assistant City Manager from 1990 to 2008. After retiring, Ron joined our Board in 2011. Ron received his Bachelor of Arts in History from the University of Montana in 1977, and his Masters in Science in Rural, Town, and Regional Planning from the University of Montana in 1987.

During his time with the City of Bozeman, Ron saw the important role that HRDC has played in our community. Ron has seen that HRDC provides necessary social services to assure that all Bozeman residents could obtain housing, food, training, employment and the other necessities of life. He also came to understand that HRDC was always able to respond immediately as new community needs arose. Ron believes that the dedication, hard work, and compassion of HRDC’s staff make it a real honor to serve on the Board.

Ron also serves on the Trails, Open Space and Parks Committee for the City of Bozeman, and as a volunteer with the Red Cross. One of Ron’s favorite activities is walking his beloved dog every day, enjoying many of Bozeman’s trails and parks, like Burke Park, Bozeman Creek, and the Hyalite and Mount Ellis areas. Ron and his wife Claire enjoy spending their days with family, friends, and time outdoors.