housing

Housing prices are tumbling in Nevada, but with interest rates on a fixed loan at 7%, qualifying for a mortgage, even at lower prices, is a challenge for first-time buyers who often lack the income for the larger payment.

The project saw construction begin in earnest this year and marks the first big push to install millions of dollars of infrastructure in the Sxwtpqyen area, which will soon accommodate thousands of units of new housing.

Montana legislators writes, "After months of reviewing data, consulting with experts, and hearing public input from Montanans across the state, our task force came up with a set of actions the Legislature can take to help re-legalize more affordable housing types, and help people can live closer to where they work and simply have a safe place to call home."

Backers write, "The property the county commissioners voted to donate will now be home to 130 apartment homes affordable to Missoulians – 30 of which are permanent supportive homes for people experiencing homelessness."

Soaring and volatile interest rates are hurting many homebuyers in Montana who already face a low supply of homes — a problem that’s expected to be a priority in the 2023 Legislature.

Chastising California cities for a lack of "aggressive" planning on how to use state funding to combat homelessness, Governor Gavin Newsom pulled the plug on $1 billion in funding for homeless services — at least for now.

Missoula officials say they will not meet the November goal to relocate a legal homeless camp from private land in Missoula County to the intersection of Mullan Road and Broadway, a lot shared with the Missoula County Detention Center.

Missoula County on Thursday amended its contract with Outback Inc. to discontinue services at an outdoor homeless camp and transfer them instead to an indoor winter shelter.

With a run on affordable homes across much of the West Coast, experts say investment firms may be influencing the housing market in hot markets like the San Francisco Bay Area. But they disagree on how much these investors are driving the severity of the statewide housing crisis.

The Authorized Camp Site, most agreed, was tipped up as a temporary and experimental option and was never intended to serve as a long-term housing solution to the handful of residents who continue to occupy the facility.