Gallatin County Regional Housing Study
New Report Sheds Light on Community Housing Needs
The Summer 2021 Gallatin County Regional Housing Study put out by One Valley Community Foundation details the high cost of housing in the region, the shortage of homes to rent or purchase, and the inability of wages to keep up with escalating housing prices. The goal of the report is to create innovative and collaborative solutions.

The graphics below highlight some of the region's needs, as outlined by One Valley's report.

Cash Still Available for Long-Term Leases
Join RENT LOCAL. Earn extra cash. Make a difference.
In its first month, BSCHT's pilot RENT LOCAL incentive program gave away $49,875 to homeowners renting long-term to locals.

BSCHT has funding available for at least seven more homeowners to switch to the long-term rental market.

Currently, BSCHT runs a waitlist of over 150 people with local jobs looking for homes in a community with over 1,200 vacation rentals but minimal local rental inventory and zero emergency housing options.
RiverView Annexation One Step Closer
Final Vote in September
In a 4-3 vote at its August 24 meeting, the Big Sky Water and Sewer board approved a revised ordinance to annex RiverView Apartments into the water and sewer district. The board requires one more reading, scheduled for September 21, before annexing the property.

Without annexation, BSCHT cannot continue the RiverView project, resulting in the loss of 100 rental apartments that Big Sky desperately needs.
First Security Bank Pays It Forward
If you opened a new personal checking account in July, First Security Bank donated $25 to the charity of your choice. Fifty-four new account holders elected BSCHT as their charity. Thank you First Security Bank for your donation of $1,350.
NorthWestern Energy Bill Assistance
A 20-minute Application Could Save $200
Renters and homeowners on the lower end of the income bracket in Big Sky can apply for assistance equaling two months worth of their NorthWestern Energy bill. The credit is added to their NorthWestern account to use in the month of their highest energy bill, or they can spread the savings throughout the year. The state of Montana, through the Department of Public Health and Human Services, will begin allocating funds on October 1.
Beehive Basin Brewery
On August 25, Beehive Basin Brewery hosted a Pint Night, donating $1 from every beer purchased towards the creation of homes in the Big Sky community.

Thanks to Beehive Basin's generosity, along with raffle prize donations made by Big Sky Resort, the community raised another $1,053 to fund local housing initiatives.

Beehive Basin Brewery frequently supports the work of nonprofits in the community through its Pint Nights.
"Editorial: Big Sky offers solutions to affordable housing"

"Bozeman's affordable housing problem pales in comparison to what Big Sky is dealing with, though on a smaller scale. And Bozeman policymakers might look to Big Sky for some creative solutions to the problem.

The median price for a single-family in Bozeman rose 49% from July of last year to July of this year to $720,000. In the Big Sky area that price rose 111% to $2.3 million."
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