Fire Station One workforce housing buyout
Summary
The current owners of the Fire Station One project are negotiating to buy out the $1.6 million affordability commitment attached to the site. With the encumbrance sunsetting in October 2027, the board doubts the small lot could ever pencil as a large affordable project anyway.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
The $1.6 million workforce housing agreement expires October 2027; a buyout price is under negotiation.
The project's current owners if a buyout is reached; the URD regains flexible funds after sunset.
Advocates for workforce housing downtown may see 50 planned affordable units at 120% AMI slip away.
Mentions & discussions (1)
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Bozeman
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.