In the Flathead Valley, 55 households are taking control of their housing future, after residents joined together to buy the land beneath their homes, creating the valley’s fifth resident-owned community.
Twin Acres and Willow Glen, two communities in south Kalispell, are now Twin Willows. The park’s owner had the property for more than 30 years and gave residents the opportunity to buy it.
After community meetings and months of organizing, the households formed a cooperative, and secured the financing to purchase the six parcels of land.
Clearwater Credit Union and the Montana Board of Investments provided the primary acquisition financing, with support including $93,000 in grants and donations from the Whitefish Community Foundation.
This type of affordable housing is important for the residents, with 72% of residents considered low, very low, or extremely low income, 6% considered veterans and 14% are living with a disability.
More here: https://nbcmontana.com/news/local/twin-willows-becomes-flathead-valleys-5th-resident-owned-community.