Good Deeds Application

Good Deeds provides purchase assistance to eligible local buyers in exchange for a permanent workforce occupancy covenant, reducing the upfront cost of homeownership while preserving homes for Big Sky’s workforce.

Start Your Application Below

Good Deeds requires a recorded workforce occupancy covenant that transfers to all future owners of the home. Please review the Deed Restriction and core eligibility requirements below before beginning your application.

WORK

One occupant must work an average of 30 hours per week for a business located in Big Sky.

INCOME

Occupants meeting the work requirement must earn 75% of their income in Big Sky.

OCCUPANCY

The home must remain occupied by a qualified local worker. Short-term rentals are prohibited.

Before you Begin

Good Deeds assistance is tied to a specific home purchase. Before starting your application, please have the property address and estimated purchase price available, along with employer, income, and tax information for the full-time Big Sky workforce member who will occupy the home. If you are still in the early stages of your search, our team is happy to talk through your situation before you apply.

For questions, please email info@bigskyhousingtrust.com or call (406) 995-3696.

This field is for validation purposes and should be left unchanged.
Name(Required)
Mailing Address(Required)
Acceptable forms include a driver’s license, passport, or military ID.
Max. file size: 100 MB.
Big Sky property address you want to restrict?(Required)
All properties for Good Deeds must exist within the Big Sky Resort Area District.
All Good Deeds transactions require an independent property valuation, at applicant’s expense, prior to the final agreement. For purchase transactions, buyers may use the appraisal required for the title closing. For in-place offers, owners can use any appraisal less than six months old. Current property owners may apply for Good Deeds without an appraisal, but BSCHT will require one prior to making a final offer.
Please enter a number from 1 to 2500000.
Current property owners may apply for Good Deeds without an appraisal, but BSCHT will require one prior to making a final offer. It is assumed buyers will use the appraisal required by their primary lender.
Drop files here or
Max. file size: 100 MB.
    BSCHT purchases deed restrictions for up to 20% of the property’s appraised value. The current cap for one deed restriction is $200,000.
    Please enter a number from 1 to 200000.
    Please enter a number from 1 to 5.
    Please enter a number from 1 to 5.
    MM slash DD slash YYYY
    If you already own your property, answer $0.
    Before entering into a Purchase and Sale Agreement with Big Sky Community Housing Trust, all prospective buyers must obtain preapproval from a lender who agrees to the terms of the Good Deeds restriction.
    Before entering into a Purchase and Sale Agreement with Big Sky Community Housing Trust, all prospective buyers must obtain preapproval from a lender who agrees to the terms of the Good Deeds restriction.
    Drop files here or
    Max. file size: 100 MB.
      Drop files here or
      Max. file size: 100 MB.
        BSCHT will not consider Good Deeds applications on an owner's existing property without proof of ownership. You can download a copy of your warranty deed from the Gallatin or Madison County Clerk-Recorder's office.
        Drop files here or
        Max. file size: 100 MB.
          If your property has an existing mortgage, you must first share the deed restriction with your lender and obtain their approval before participating in the program.
          Drop files here or
          Max. file size: 100 MB.
            Accepted forms of proof include a recent mortgage statement or payment receipt.
            Drop files here or
            Max. file size: 100 MB.
              Examples include tax liens, mechanic's liens, or judgments.
              BSCHT requires program participants to be current on their property taxes and ensures the property is free of all liens, except for the mortgage.
              Short-term rentals are not allowed on any portion of the property including spare bedrooms or accessory dwelling units. As per the deed restriction, "Owners shall not rent the Property to any person or persons for a term shorter than 30 days."
              Please note the two parts of the work requirement: (1) you must work an average of 30 hours per week for a business physically located in Big Sky, and (2) you must earn at least 75% of your income from a business within the Big Sky Resort Area District. BSCHT requires tax returns to verify that one occupant can meet the 75% income requirement from Big Sky-based businesses.
              Drop files here or
              Max. file size: 100 MB.
                One occupant must provide BSCHT with tax returns on an annual basis as proof that the property still meets the requirements of the deed restriction. If this occupant is a tenant, BSCHT recommends making the tax return part of your lease agreement.
                BSCHT collects three months of pay stubs to verify that at least one occupant works a minimum of 30 hours per week in Big Sky. If your pay stubs do not show hours worked, please upload alternative proof. Self-employed residents working in the Big Sky community must also provide documentation to confirm they meet the 30-hour per week requirement.
                Drop files here or
                Max. file size: 100 MB.
                  Verification Consent(Required)
                  Deed Restriction Requirements(Required)
                  Annual Compliance Requirement(Required)

                  Subscribe For Updates

                  Join the Big Sky Housing Community Trust newsletter list, to receive the most recent news and opportunities.

                  Thanks for subscribing!