Big Sky Villas Apartments

Big Sky Villas is a 24 unit Rural Development 515 family property with 21 units of Rental Assistance. The property was developed in 1985, and while well maintained, was in need of substantial rehabilitation. Additionally, the booming area real estate market made the preservation of the property and its Rural Development Rental Assistance imperative. HRDC agreed to purchase the property in 2015 and was awarded Housing Tax Credits in January 2016. The RD transfer and loan assumption was completed in December 2017 with construction commencing in January 2017. The project required the relocation of tenants, in pods of 4 units at a time. The final units were completed in August 2017 and exterior improvements will be completed in September 2017. Units were completely gutted and received new flooring, fixtures, bathtubs, toilets, sinks, lighting, air condition/heating units. An additional ADA unit was created. Exterior improvements included a new parking lot, roof, radon mitigation system, landscaping, siding, ADA compliance additions, and a new playground.

Montana Board of Housing Low Income Housing Tax Credit program, HOME Investment Partnerships (HOME) program, Big Sky Western Bank, Glacier Bank, Rural Development

Total Project Cost

$3.7 million ($400,000 RD 515 loan assumption and reserves, $832,000 HOME grant, $2,492,151 LIHTC)

Project Type

Rental Rehab

Income Targets

Households earning less than 60% Area Median Income. 23 units have a Rural Development Rental Assistance Subsidy, ensuring that households only pay 30% of their income toward rent.

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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.