One Step Forward: Affordable Housing in Gallatin County
Posted by ERA Landmark Real Estate on
Gallatin County Takes a Step Towards Affordable Housing
Gallatin County is making strides to address the region's ongoing housing crisis. A new affordable housing development, planned for the county-owned land behind the Gallatin County Rest Home, is set to provide 178 much-needed units.
This project is a significant step forward, as the county has secured approval for nine-percent low-income tax credits to help fund the development. These credits will allow the county to finance a portion of the construction costs, making the project more feasible.
The development will include a mix of unit types to accommodate various income levels, with a particular focus on those earning 30% of the area's median income. This demographic has been…
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