Trust Montana is always looking for new ways to partner with for-profit and non-profit developers that want to include permanently affordable lease-restricted units in their projects. The developer of the project can donate parcels of land to Trust Montana, or receive assistance with monitoring units to ensure they remain affordable. For-profit and private donors of land can receive tax benefits, and Trust Montana can steward the affordable units in perpetuity to ensure they are re-sold at an affordable price to income-qualified households in the future. This kind of partnership is an effective way to incrementally add to the stock of affordable units in Montana by building off the momentum of a hot development and real estate market.
Have another idea for making housing more affordable? Call us to talk about it!