Thank you to all our generous donors on Giving Tuesday.
Providing essential workers with affordable and secure homes is the most critical need in Big Sky, which is why our community created BSCHT and built MeadowView Condominiums. BSCHT sells MeadowViews far below market rate, but at $320,000 for a two-bedroom condo, a 20% down payment is still more than many locals make in a year.
To close this financial gap, BSCHT created a down payment assistance program that loans up to $20,000 to buyers that they return when they resell their homes. One DPA recipient is grateful because "having my own home in Big Sky helped make working and living here feel much more secure," MeadowView owner Ben said. "Knowing I have my own place to go home to after work, no worries about rent being jacked up or getting pushed out of a rental because the owner decided to sell or VRBO, gives me so much peace of mind. Plus, the location is amazing!"
There's still time to give a gift that keeps on giving.
To give more locals like Ben a home, BSCHT wants to raise $300,000 to help the last MeadowView families close their loans. All donations to the down payment assistance program, no matter the size, directly provide secure and permanent homes for locals.
The best part?
BSCHT will recycle your gift. Once owners sell their homes, BSCHT loans the returned down payment funds to the next Big Sky family.