Bank Sewer Loan Program

Overview

This loan program allows property owners to borrow money from a participating bank at a lower rate (not to exceed low prime rates as established by Wall Street Journal money rate). The loan helps homeowners pay for sewer connection fees and construction costs to hook into the city sewer system.

Criteria

• Residential and multi-family properties are eligible
• Available to all income levels
• Property can be owner-occupied or a rental
• Can be within city limits or in the county
• Maximum of $10,000 for up to an 8-year term

Getting Started

For the entire step-by-step process, download the brochure (PDF).

1. Contact the City Development Services Department.
   • Get a list of licensed and bonded excavators (PDF).
   • Request a calculation of sewer connection fees by calling 406-552-6630 or filling out the form
   • Request the application form and the acknowledgment and notice of existence of potential lien
2. Obtain bids (we recommend at least three) and choose an excavator
3. Select a participating bank
   • Clearwater Credit Union 406-523-3300
   • First Interstate Bank 406-523-4200
4. Complete the application and the acknowledgment forms and return them to the city.

Contact Information

For more information or to request forms, email Development Services or call 406-552-6630.