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Sarah Knobel

Why is Housing Expensive in Missoula? Part 2

Why is housing so expensive in Missoula? Learn more in part 2 of Sterling CRE’s series on affordable housing. We’re answering questions like, what factors drive up housing prices? Matt digs into local data to show the trends guiding Missoula’s housing availability. Matt covers limited land, high building costs for developers, materials, and other factors …

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Why is Housing so Expensive in Missoula?

Affordable housing is a real concern for Missoulians. Missoula, as well as places like Bozeman, have seen housing prices rise precipitously in recent years.  In Missoula, the Office of Housing & Community Development reported that a majority of respondents said housing was too expensive in the 2020 Community Needs Assessment. What’s the deal with affordable housing in …

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What the TIF?

You’ve probably heard the term “TIF” in the news, usually related to new projects in a sometimes rundown part of town. Generally, TIF (Tax Increment Financing) funds are supposed to boost economic development. Many cities across Montana have TIF districts, including Missoula, Bozeman, Helena, and Kalispell. Though complex, TIF can be a useful lever for …

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