In the News: New development south of Belgrade seeks to make housing more attainable

The Chamber of Commerce ribbon cutting ceremony at Cameron Crossing on April 16th, 2024.

 

BELGRADE — The developer of a new housing project in Belgrade says he wants to make homeownership more attainable for people living and working in the Gallatin Valley.

“To create a housing stock where people that are working and living here in the valley can actually afford to be here,” says Dean Warhaft, Cameron Crossing Developer.

The first phase of the Cameron Crossing development is nearing completion. More than 40 housing units are set to welcome families, and the development is expected to offer more than 200 homes. Warhaft, who is the developer of the project, says he wanted to make these homes more attainable.

“By utilizing manufactured housing, it allows us to provide a better price point on the homes themselves. And then in addition to that, the lot of rent model,” says Warhaft.

The homes go for around $200,000. Homeowners then pay $850 a month for the lot the home sits on.

“Which may seem foreign to a lot of people, but what it does is, it takes out property taxes on the lots,” says Warhaft.


Read the whole article here.

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Press Release: Cameron Crossing Grand Opening to Unveil Affordable Housing Solution for Bozeman