As of July 29, we are pleased to announce our submission of a full application for tax credits to Montana Housing for Paxson Place, a senior proposal in Butte. We are optimistic about the chance of this project being funded. The market study indicated a need for 159 new affordable senior homes in Butte today with the number only increasing …
Meadowlark Vista Funded
We have good news to report! As of July 31st, the Wyoming Community Development Authority awarded tax credits to Meadowlark Vista, a 49 unit project in Casper, Wyoming. This is going to serve a strong need in the area for new senior housing. The market study showed a need for 231 new senior units today with the need only increasing …
Paxson Place Invited to Submit Full Application
We have good news to report from Helena, Montana. Paxson Place was invited to submit a full application for tax credits and we will hear the final results at Montana Housing’s meeting this October. This is exciting news for Butte! Paxson Place will be roughly 36 units for seniors age 55 and up. Rents will range from $475 to $675 …
Skyview Invited to Submit Full Application
We have good news to report from Helena, Montana. Skyview was invited to submit a full application for tax credits and we will hear the final results at Montana Housing’s meeting this October. This is exciting news for Missoula! Skyview will be roughly 39 units for seniors age 55 and up. Rents will range from $525 to $815 a month …
Missoula Proposal
Montana Business Quarterly recently released their latest edition titled “Facing the Challenge of Affordable Housing.” The lead article notes that the ratio of home prices to median household income in Missoula is 5.5. This ratio is widely used as a measure of housing affordability. In Montana, Missoula County is the 4th least affordable county. The affordability issue for seniors is …