Support Local Journalism


Subscribe


Montana is currently experiencing a housing crisis. Since 2002, the price of homes has been rising significantly faster than median household income, causing many Montanans to be priced out of the housing market and struggle financially. The lack of affordable homes is not only hurting residents, but also hindering Montana’s post-pandemic economic recovery.

Montana lawmakers still have the chance to address this crisis by overriding Gov. Gianforte’s veto of House Bill 397, a state-level low-income housing tax credit that involves the private sector and is projected to double the number of homes and apartments constructed over five years. It would build 1,000 more apartments and create $220 million in construction, 2,900 new jobs, and $117 million in construction wages. This bill passed by large margins in both houses of the Legislature this spring.

Bills similar to HB 397 have been very successful in other states. Colorado has seen more than 19,000 jobs created, $465 million in private-sector investment, and more than $1.5 billion of economic activity generated. Lawmakers have until June 25 to submit their polling responses on overriding the governor’s veto. We should all urge our lawmakers to make this bill a law for the good of all of Montana.

Natalie Mahoney

Bozeman

Letter Policy

The Chronicle encourages letters from readers who reside in our coverage area. Letters should be no more than 300 words and must include the writer’s first and last name (no initials), home address and daytime phone number. Addresses and phone numbers may be used for verification but will not be published. Letters may be edited for grammar, taste, brevity and libel. Due to the volume of submissions, the Chronicle cannot publish every letter it receives. The Chronicle reserves the right to reject letters based on content or length, and will not knowingly print letters sent to other publications. Thank-you letters, letters written in poetic style or dominated by scripture quotations and those written by students as class assignments will not be published.

Support Local Journalism

To see what else is happening in Gallatin County subscribe to the online paper.