Midtown land acquisition loan pilot

The Headwaters Community Housing Trust director spoke in support of the pilot and offered a friendly amendment clarifying that community land trust projects do create taxable value through the homes even though the nonprofit doesn't pay taxes on retained land.

A Bozeman resident asked how many potential applicants could meet the criteria, whether to broaden eligibility to other ownership models, whether other funding sources like the community housing fund were considered, and called for success metrics for the pilot.