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Renewable Resource Loans to Private Entities

Loans for private water development projects are available from the department. Loans to individual private entities may not exceed the lesser of $400,000 or 80 percent of the fair market value of the security given for the project. Private loans to individuals must be secured with real property. Loans up to $3 million are available for such organizations as water user associations and ditch companies. These loans are scored by the revenue produced by the system. Irrigation system improvements — for example, the conversion from flood irrigation to sprinkler irrigation -- are the most common type of projects funded through private loans.

To finance loans, the law provided authority to issue general obligation renewable resource bonds up to a total outstanding balance of $20 million.

Application PDF format or Word format

IRS Form - W-9

For Additional Information Contact:

Larry Bloxsom
Montana Department of Natural Resources and Conservation
Resource Development Bureau
1625 Eleventh Avenue
Helena, Montana 59620-1601
Phone: 406-444-6668
FAX: 406-444-6721
http://dnrc.mt.gov

Montana DNRC

Contact

  • Dept. of Natural Resources & Conservation
  • 1625 Eleventh Ave.
  • Helena, MT 59601
  • Phone: (406) 444-2074
  • Fax: (406) 444-2684
  • dnrc.mt.gov