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"Housing trust launches deed restriction program"
"While national headlines point to low inventory as one of the major drivers of a widespread housing crisis, community leaders say that isn’t entirely the case for Big Sky. The units are there, it’s just a matter of who they’re available to. A new housing trust program aims to change that.
As homeowners in the area continue to transform local workforce housing into lucrative short-term rentals, the Big Sky Community Housing Trust will launch the Good Deeds program which will pay homeowners for permanent deed restrictions to curb the loss of inventory.
'We have sections or parts of the community that are more appropriate for the local workforce than they really are for vacation rentals,' said Laura Seyfang, executive director of the housing trust. 'And we have many parts of the community that are way better suited to be vacation rentals and not places for workers. So, we really just need to kind of rebalance things.'"