Market Watch
Hidden Creek Apartments: New Affordable Housing Development in Bozeman
Posted on January 29, 2025A new affordable housing project in Bozeman is in the works, thanks to federal and local funding. The Montana Department of Commerce recently allocated $3.2 million to support affordable housing initiatives across the state, with Bozeman receiving a significant portion. The city itself also pledged $2 million to the project. This funding will go towards building the Hidden Creek Apartments, a development that will offer:
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182 low-income housing tax credit apartments
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8 equity-restricted rowhomes through a community land trust
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A county-owned parcel reserved for future community use
The Hidden Creek Apartments will be located on a vacant parcel of land north of the Gallatin County Rest Home. While a completion date hasn't been announced yet, we'll keep you updated as more information becomes available. Affordable housing is crucial for the health and well-being of our communities. It allows people to live and work in the places they love, contributing to a strong local economy. This project is a step in the right direction towards making Bozeman a more accessible place for everyone.