Montana Street Homes

ADDRESS

1717 Montana St.
Missoula, MT 59801

BASICS

6 Homes

We were proud to collaborate with our fellow nonprofits, including Garden City Harvest, the Missoula Food Bank and Trust Montana, to bring the Montana Street Homes to this community. With Trust Montana, we created a Community Land Trust (CLT) for the Montana Street Homes property. The land is held in ownership by Trust Montana permanently, and homebuyers lease the land under their home via renewable, inheritable 75-year ground leases. This form of ownership ensures long-term affordability for current and future homeowners. A CLT is an excellent alternative to renting since the homebuyer owns their home, builds equity and benefits from the savings in cost of land being held in trust.