Big Sky Community Housing Trust Launches Collaboration with Lone Mountain Land Company to Continue Developing Workforce Housing

Big Sky Community Housing Trust is happy to announce its collaboration with Lone Mountain Land Company to develop a new housing complex that will offer rental units built permanently and exclusively for local workers. Pending an agreement for SFE allocation with the Resort Tax Board and the Water and Sewer District, this effort will continue a comprehensive, multi-year community effort to address Big Sky’s housing shortage.
With workforce housing in mind, LMLC recently closed on the former American Bank property, and will soon close on the adjacent parcel, off Lone Mountain Trail.
“In order for the Big Sky community to thrive, it is imperative that local workers have access to quality, affordable housing,” said Matt Kidd, Managing Director of CrossHarbor Capital, which oversees LMLC. “We are thrilled to be working in conjunction with the Big Sky Housing Trust on this large-scale initiative that will benefit the Big Sky community for years to come.”
Long-Term Vision | Workforce Housing Campus
Thank you Big Sky for making going home possible for more of our local workers.
Together, we raised
$206,667 in Down Payment Assistance Funds.
Our December campaign generated enough funds to help qualified Phase II MeadowView buyers with up to $20,000 in Down Payment Assistance.

DPA loan recipients eventually return all of their down payment assistance funds when they resell their unit. BSCHT then recycles the funds by making them available as a loan to the next buyer.
500 SFEs Reserved for
Workforce Housing

The one percent Resort Tax increase for infrastructure will help pay for the upgrade to the Big Sky County Water & Sewer's treatment capacity from 600,000 gallons to 910,000 gallons.

As part of the agreement, Big Sky County Water and Sewer District reserved 500 Single Family Equivalents (SFEs) for local, workforce housing.

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