HomeMy WebLinkAboutHousing Work Session 8-4 FINALAugust 4, 2026
Agenda
•City of Bozeman Housing History and Success
•Partner Perspective
o Mark Bond, One Valley Community Foundation, Regional Housing Coalition
•City of Bozeman Community Housing Program
•Commission Discussion
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Questions
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Commission Discussion:
•Should staff continue to focus on using existing tools and
methods to facilitate the construction of more affordable
rental units?
•Should staff seek new tools and/or modify existing tools
and methods to facilitate the construction of affordable for-
sale units?
•Other Commission direction for staff?
Why work on housing?
Housing affordability is a national challenge.
•One of every three households in America now
spends more than 30% of its income on housing—
the highest level ever recorded.
•A $100 increase in median monthly rent is
associated with a 9% increase in the homelessness
rate.
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Severely Cost Burdened Households
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Current State of Housing –
Rental
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Current State of Housing - Ownership
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Our Evolving Approach
The City has utilized a unit-based strategy to increase housing
inventory across the spectrum – transitional housing, rentals and
ownership.
•Adopting land use incentives.
•Investing local, state and federal resources
•Contributing publicly owned land and infrastructure
•Supporting Low-Income Housing Tax Credit development
•Partnering with nonprofit and private developers
•Stewarding public housing investments
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Measurable Outcomes
•Policy
o 370 Units Built, 774 Under Construction, 557 in
Review
•Partnership
o Hidden Creek Project
•Investments
o Community Housing Funds
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Partner Perspective
•Mark Bond, One Valley Community
Foundation
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What We Heard
Today's discussion reinforces six recurring themes that help guide the City's housing efforts.
Partnerships Affordability Support Neighborhoods
Workforce Housing Inventory Stewardship
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Limiting Factors
•Inclusionary Zoning
•Impact Fee Waivers
•Housing Authority
•Revenue Bonds
Archaic regulations do not always keep up with modern
housing strategies.
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Community Housing Program Tools
Affordable Housing Ordinance
Community Housing Fund
Community Development Block Grant (CDBG)
Low-Income Housing Tax Credit (LIHTC)
City-Owned Land
Infrastructure Participation
Tax Increment Financing (TIF)
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Housing is Community Infrastructure
Workforce
Resilience
Economic
Development Local Business
Stability
Public Safety Educational
Outcomes
Vibrant
Neighborhoods
Mental/Physical
Health
Quality of Life
Housing
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Looking Ahead
Building on Progress
Commission Discussion:
•Should staff continue to focus on using existing tools and methods to
facilitate the construction of more affordable rental units?
•Should staff seek new tools and/or modify existing tools and methods to
facilitate the construction of affordable for-sale units?
•Other Commission Direction for Staff?
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Tuesday, August 4th 2026