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  • In Big Sky, New Affordable Housing Program Pays Property Owners to Rent to Locals

    Will Walkey

    October 04, 2021 |

    Jackson Hole Community Radio (KHOL) |

    Radio |

    5-15 Minutes

    Response Location: United States, Big Sky, Montana

    A local initiative in this Montana town is attempting to alleviate the housing and labor shortages. Homeowners are given a financial incentive to rent to locals who work in the area. The Big Sky Community Housing Trust helps homeowners find renters and identify an appropriate price point for their unit. For a two-year commitment of renting to a local worker, homeowners receive $14,500.

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  • From Vail to Jackson Hole, Down Payment Assistance Tries to Keep More Workers Housed

    Will Walkey

    June 30, 2021 |

    Jackson Hole Community Radio (KHOL) |

    Radio |

    5-15 Minutes

    Response Location: United States, Jackson Hole, Wyoming

    A pilot program in Jackson Hole is trying to make home ownership affordable for the local workforce. The program provides help with the down payment by granting $150,000 to families that meet the requirements. The initiative puts a cap on the appreciation value of the homes bought using the grant which ensures that the property values stay affordable over time. A similar program in Vail, Colorado has produced impressive results.

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