The Heart of Missoula neighborhood in Missoula, Montana, has a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. With 344 units in LIHTC-funded projects, including 227 designated low-income units, this neighborhood demonstrates a commitment to providing affordable housing options. LIHTC-funded affordable housing covers approximately 28.7% of the estimated 1,200 housing units in the neighborhood, indicating a substantial contribution to the area's affordable housing needs.

The LIHTC program has invested $1,805,577 in tax credits for affordable housing projects in this neighborhood. This translates to an average federal funding of about $5,249 per unit across all LIHTC-funded projects. The affordable housing inventory in the Heart of Missoula spans several decades, with the earliest recorded project, Palace Hotel, completed in 1995, and more recent developments like Palace Apts and River Rock Residences finished in 2013. This 18-year span demonstrates a sustained effort to provide affordable housing in the area.

The 2000s saw significant affordable housing development, with projects like Lenox Flats completed in 2000, followed by multiple projects in 2013. The variety of unit types in these projects caters to diverse housing needs, with 25 efficiencies, 127 one-bedroom units, 115 two-bedroom units, and 2 three-bedroom units. Some LIHTC projects in the neighborhood target specific populations. For instance, Creekside Apartments, completed in 1996, focuses on housing for individuals with disabilities. Lenox Flats, finished in 2000, is dedicated to providing housing for victims of domestic violence. These targeted projects address the unique needs of vulnerable populations within the community.