BIG SKY COMMUNITY HOUSING TRUST

BIG SKY COMMUNITY HOUSING TRUST

The Big Sky Community Housing Trust was initiated by the Big Sky Chamber of Commerce several years ago as local employee housing issues began to escalate. These concerned volunteer citizens poured over the February 2018 survey results (funded by resort tax dollars) and spent many hours reviewing solutions from other Mountain resort towns to develop actions plans to address the employee housing issue in Big Sky.

In July 2018 a comprehensive Housing Action Plan was published and can be found HERE.

As outlined in the Housing Action Plan Report, there is a wide spectrum of need for workers in our community: more rental properties, at more affordable rates; more attainable homeownership opportunities; and more accommodations are required for seasonal employees. There is no one quick answer to this problem, which many other resort towns are also facing. But there are actions that can be taken and that is the mission of the Big Sky Community Housing Trust (BSCHT).

MeadowView Housing Development

Funded in part by the Big Sky Resort Tax District, the MeadowView project aims to provide affordable homeownership opportunities to year-round employees. This 52-unit, deed-restricted affordable housing development located off of Little Coyote Road consists of 12 studios and 40 two-bedroom units, each with a heated garage. Using the Community Land Trust concept, the homes will be sold to eligible purchasers at a subsidized rate.

To be eligible to purchase, candidates must be on the Big Sky Affordable Housing Waitlist, which requires attending an 8-hour Homebuyer Education Class and meeting one-on-one with an HRDC counselor to review household financial status. 

Contact Us
To apply, please contact Laura Seyfang, Big Sky Community Housing Director at 406-995-3696.
To register for the Homebuyer’s Education Class, contact Roselle Shallah, roadtohome@thehrdc.org or call 406-585-4895

There is no one quick answer to this problem, which many other resort towns are also facing. But there are actions that can be taken and that is the mission of the Big Sky Community Housing Trust (BSCHT).

Help workers in Big Sky achieve housing stability and acquire their own homes.

BSCHT funds will be used for:

  • Down Payment Assistance
    • Provide a loan to home buyers to increase their purchase down payment
    • Repayable by borrowers upon re-sale of the home
  • Acquisition/ Development by BSCHT of Additional Housing Units
    • Purchase land
    • Purchase existing properties to place in Land Trust
    • Develop Rental Properties to rent to Local Workers

 

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