Midtown land acquisition loan pilot for affordable housing
Summary
The city wants to lend up to $2.5 million to nonprofit developers to buy land for for-sale affordable housing in the Midtown district. Board members worry the eligibility criteria are so strict almost nobody qualifies, and community land trust leaders asked for tweaks so their model fits.
At a glance
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Last discussed Jun 18, 2026.
Impact analysis
Up to $2.5 million in TIF funds would be loaned out, with repayments returning to the TIF fund.
Nonprofit housing developers and, down the line, middle-income homebuyers priced out of Bozeman's market.
Mentions & discussions (1)
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