AFFORDABLE HOUSING

 

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HIGH SIERRA AFFORDABLE HOUSING VENTURE
High Sierra Boulevard, Billings Montana

PROJECT BASICS
The High Sierra Affordable Housing Venture was a result of homeWORD partnering with Montana People’s Action to build and sell eight affordable single-family homes to families below 60% median income. Because of the financial structure and affordability, many families that are normally left out of homeownership, including Native American and single-parent head of households, were able to qualify. The three-bedroom houses are spacious, beautiful, and the average selling price at the time of completion in 2001 was $98,000.

INNOVATIONS
By partnering with Rural Collaborative, homeWORD helped create a second mortgage pool for low-income first time homebuyers. The land was donated by Yellowstone County, the City of Billings provided HOME funds, and the families accessed Montana Board of Houses (MBOH) low interest loans to have truly affordable mortgage payments. As a pre-requisite, all homebuyers received homebuyer education as well as financial counseling. High Sierra floor and design plans were featured in the Montana Board of Housing’s Montana Housing Solutions, Designing for Comfort & Quality.

SUSTAINABLE FEATURES

  • Stress skin panel construction
  • Radiant floor heating from a domestic hot water source
  • Ultra energy efficient appliances
  • Modular design maximizes use of standard construction materials
  • Frost-protected shallow design
  • One-inch underslab insulation increases energy efficiency
  • Walls and ceilings heavily insulated
  • Windows placed to maximize passive solar heating

NEIGHBORHOOD
A part of a fast-growing neighborhood, the High Sierra Affordable Housing Venture is located in The Heights north of downtown Billings, Montana.

FUNDERS & PARTNERS

  • City of Billings HOME Program
  • High Plains
  • Hulteng, Inc.
  • Montana Board of Housing Low Income Housing Tax Credits
  • Montana People’s Action
  • Rural Collaborative
  • Yellowstone County Land Donation
 
homeWORD Missoula | 127 N Higgins, Ste 307 | Missoula MT 59802
homeWORD Billings | 2720 3rd Ave N | Billings MT 59101-0986