Affordable Housing Resource

Affordable housing is hard to build. And now you can see just how challenging it is by visiting this website and adjusting some of the levers: https://apps.urban.org/features/cost-of-affordable-housing/.

This website reviews the major buckets adding to the cost of housing, including land, materials, labor, and lending. It also explains how important outside subsidy is - you can see how tax credits, which are limited and not given to every project, are incredibly impactful in making a building with affordable housing pencil out. This data is from Denver and has not been modeled for Bozeman, but we deal with similar funding challenges.

This resource is a project of the Urban Institute, a nonprofit, nonpartisan research organization. Its goal in this effort is to provide fact-based analysis about public and assisted housing.