With the cost of real estate skyrocketing beyond many families’ ability to afford, the Montana Department of Commerce announced this week that Trust Montana, a new affordable housing land trust model in Missoula, will receive $350,000 in federal funding through the Montana Department of Commerce’s HOME Investment Partnerships Program.
The Missoula City Council’s Committee of the Whole heard discussion on Wednesday about a major affordable housing project for the Scott Street lots over 19 acres that would include 70 new homes, as well as other developments.