Growing Our Region, One Home at a Time
Two things make housing critical to our mission. First, availability of housing is cited as the number one factor by people looking to relocate to Great Falls to fill open jobs. Second, keeping up with housing demand is the most important thing we can do to keep Great Falls as affordable as possible. Our long-term goal is to close the gap between wage earnings and cost of living.
Opportunities
- The market is projected to need ~650 new housing units annually over the next decade.
- The region added ~2,800 jobs (2021–2023) and is projected to keep growing.
- Household incomes are rising ~3.5% annually, outpacing many peer markets.
Recent Investments
- Market Rate Rentals (ARC Apartments)
- Subsidized Housing (Carter Commons)
- Home Ownership (Meadowview Village)
Resources
- Gap & Bridge Financing through High Plains Financial
- Summary of Housing Market Demand Assessment (click button to the right for full market assessment report)
- Our business development team provides hands-on development services – supporting site selection, coordinating local approvals, and connecting projects to financing & incentives to move housing projects forward efficiently.
Contact Jake today!
Jake Clark, DHPE, EDFP
Vice President – Business Development