{"id":1835,"date":"2022-02-17T23:49:26","date_gmt":"2022-02-18T06:49:26","guid":{"rendered":"https:\/\/bigskyhousingtrust.org\/?page_id=1835"},"modified":"2024-03-11T10:17:25","modified_gmt":"2024-03-11T16:17:25","slug":"good-deeds","status":"publish","type":"page","link":"https:\/\/bigskyhousingtrust.org\/good-deeds\/","title":{"rendered":"GOOD DEEDS"},"content":{"rendered":"

[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.24.2″ _module_preset=”default” global_colors_info=”{}” hover_enabled=”0″ sticky_enabled=”0″ disabled_on=”off|off|off”][et_pb_fullwidth_header title=”Good Deeds Program” _builder_version=”4.24.2″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

The GOOD DEEDS program aims to preserve existing inventory for locals serving the community.<\/p>\n

[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.23.1″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#323c44 0%|#5d6067 100%” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/10\/Good-Deeds.png” alt=”GOOD DEEDS Logo” title_text=”GOOD DEEDS Logo” align_tablet=”center” align_phone=”center” align_last_edited=”on|desktop” admin_label=”GOOD DEEDS Logo” _builder_version=”4.24.2″ _module_preset=”default” max_width=”150px” global_colors_info=”{}”][\/et_pb_image][et_pb_text admin_label=”The GOOD DEEDS program aims to preserve existing inventory for locals serving the community.” _builder_version=”4.24.2″ _module_preset=”default” header_font_size=”34px” background_layout=”dark” header_font_size_tablet=”34px” header_font_size_phone=”34px” header_font_size_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n

Homeowners or buyers who participate in GOOD DEEDS receive cash in exchange for placing a permanent deed restriction on their property.<\/h1>\n

[\/et_pb_text][et_pb_button button_url=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2024\/01\/2023-Good-Deeds-Buyer-Flyer-1.pdf” url_new_window=”on” button_text=”LOCAL BUYER INFORMATION” button_alignment=”left” _builder_version=”4.24.2″ _module_preset=”default” custom_button=”on” button_font=”|800|||||||” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_video src=”https:\/\/vimeo.com\/827717989?share=copy” play_icon_color=”#98c33d” font_icon=”I||divi||400″ admin_label=”Marlington Video” _builder_version=”4.23.1″ _module_preset=”default” module_alignment=”center” max_height=”1000px” custom_css_main_element=”display: flex;||flex-direction: column;||justify-content: flex-end;” global_colors_info=”{}”][\/et_pb_video][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ locked=”off” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_image src=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/03\/why-good-deeds-web-graphic.png” title_text=”why good deeds web graphic” align=”center” _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_text admin_label=”What is a deed restriction” _builder_version=”4.19.4″ _module_preset=”default” header_text_color=”#323c44″ header_font_size=”34px” header_2_font=”|700|||||||” header_2_text_color=”#0e7278″ global_colors_info=”{}”]<\/p>\n

WHAT IS A DEED RESTRICTION?<\/strong><\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ use_custom_gutter=”on” gutter_width=”2″ make_equal=”on” admin_label=”Services” _builder_version=”4.16″ max_width=”80%” custom_padding=”25px||25px|” use_custom_width=”on” width_unit=”off” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”LIMITATION” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/restriction.png” admin_label=”limitation” _builder_version=”4.16″ header_font=”Montserrat|on|||” header_text_color=”#0e7278″ header_font_size=”22px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#323c44″ body_line_height=”1.8em” text_orientation=”center” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”]<\/p>\n

A limitation that restricts how owners can use their property.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”ON TITLE” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/title.png” admin_label=”title” _builder_version=”4.16″ header_font=”Montserrat|on|||” header_text_color=”#0e7278″ header_font_size=”22px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#323c44″ body_line_height=”1.8em” text_orientation=”center” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” animation_delay=”100ms” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”]<\/p>\n

The deed restriction is recorded on the property\u2019s title.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”PERMANENT” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/permanent.png” admin_label=”permanent” _builder_version=”4.16″ header_font=”Montserrat|on|||” header_text_color=”#0e7278″ header_font_size=”22px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#323c44″ body_line_height=”1.8em” text_orientation=”center” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” animation_delay=”200ms” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”]<\/p>\n

The restriction transfers with ownership in perpetuity.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ background_color=”#323c44″ locked=”off” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” background_color=”#323c44″ collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”How does Big Sky Deeds work?” _builder_version=”4.16″ _module_preset=”default” text_font=”||||||||” text_text_color=”#000000″ header_text_color=”#98c33d” header_2_font=”|700||on|||||” header_2_text_color=”#FFFFFF” header_3_text_color=”#FFFFFF” global_colors_info=”{}”]<\/p>\n

How does Good Deeds work?<\/strong><\/h2>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ _module_preset=”default” background_color=”#323c44″ collapsed=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”restriction” _builder_version=”4.16″ _module_preset=”default” text_text_color=”#FFFFFF” text_font_size=”21px” header_font=”|700|||||||” header_text_color=”#98c33d” global_colors_info=”{}”]<\/p>\n

RESTRICTION<\/h1>\n

At least one occupant must work a minimum of 30 hours per week for a business located in Big Sky. The occupant can be either the homeowner or a long-term tenant. Short-term rentals are strictly prohibited.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”compensation” _builder_version=”4.16″ _module_preset=”default” text_text_color=”#FFFFFF” text_font_size=”21px” header_font=”|700|||||||” header_text_color=”#98c33d” global_colors_info=”{}”]<\/p>\n

COMPENSATION<\/h1>\n

BSCHT gives cash for the deed restriction. A trained and dedicated committee reviews all applications and make recommendations. At this time, awards will not exceed 16% of the property’s value or sales price.<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.16″ _module_preset=”default” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”NO APPRECIATION CAP” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/no-cap.png” admin_label=”no cap” _builder_version=”4.17.3″ header_font=”Montserrat|on|||” header_text_color=”#FFFFFF” header_font_size=”20px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#747d88″ body_font_size=”16px” body_line_height=”1.8em” text_orientation=”center” background_layout=”dark” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”NO INCOME OR ASSET LIMITATIONS” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/no-income-max.png” admin_label=”no income limit” _builder_version=”4.17.3″ header_font=”Montserrat|on|||” header_text_color=”#FFFFFF” header_font_size=”20px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#747d88″ body_font_size=”16px” body_line_height=”1.8em” text_orientation=”center” background_layout=”dark” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”INVESTORS MAY PARTICIPATE” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/investors-can-participate.png” admin_label=”investors may participate” _builder_version=”4.17.3″ header_font=”Montserrat|on|||” header_text_color=”#FFFFFF” header_font_size=”20px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#747d88″ body_font_size=”16px” body_line_height=”1.8em” text_orientation=”center” background_layout=”dark” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”SHORT-TERM RENTALS PROHIBITED” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/no-short-terms.png” admin_label=”no short-term rentals” _builder_version=”4.17.3″ header_font=”Montserrat|on|||” header_text_color=”#FFFFFF” header_font_size=”20px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#747d88″ body_font_size=”16px” body_line_height=”1.8em” text_orientation=”center” background_layout=”dark” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px||0px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”Who Can participate” _builder_version=”4.16″ _module_preset=”default” text_font=”||||||||” text_text_color=”#000000″ header_text_color=”#98c33d” header_2_font=”|700||on|||||” header_2_text_color=”#FFFFFF” header_3_text_color=”#FFFFFF” global_colors_info=”{}”]<\/p>\n

Who can participate?<\/strong><\/h2>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”2″ make_equal=”on” admin_label=”Services” _builder_version=”4.16″ max_width=”80%” custom_padding=”25px||25px|” use_custom_width=”on” width_unit=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”BUYERS” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/buyers.png” admin_label=”Buyers” _builder_version=”4.16″ header_font=”Montserrat|on|||” header_text_color=”#98c33d” header_font_size=”22px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#FFFFFF” body_font_size=”22px” body_line_height=”1.8em” text_orientation=”center” background_layout=”dark” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”]<\/p>\n

Down payment to purchase a home.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”OWNERS” image=”https:\/\/bigskyhousingtrust.org\/wp-content\/uploads\/2022\/02\/owners.png” admin_label=”Homeowners” _builder_version=”4.16″ header_font=”Montserrat|on|||” header_text_color=”#98c33d” header_font_size=”22px” header_line_height=”1.4em” body_font=”Montserrat||||” body_text_color=”#FFFFFF” body_font_size=”22px” body_line_height=”1.8em” text_orientation=”center” background_layout=”dark” custom_padding=”30px|30px|30px|30px” animation_style=”zoom” animation_delay=”200ms” border_width_all=”0px” border_color_all=”#dddddd” border_style_all=”solid” use_border_color=”on” border_color=”#dddddd” global_colors_info=”{}”]<\/p>\n

Use cash infusion for any purpose.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”https:\/\/bigskyhousingtrust.org\/good-deeds\/application\/” button_text=”APPLY HERE” button_alignment=”center” admin_label=”Button – APPLY HERE” _builder_version=”4.23.1″ _module_preset=”default” background_layout=”dark” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Good Deeds FAQ” _builder_version=”4.23.1″ _module_preset=”default” background_enable_color=”off” saved_tabs=”all” locked=”off” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”H2 – Frequently Asked Questions” _builder_version=”4.23.1″ header_text_align=”center” header_text_color=”#000000″ header_3_text_color=”#0E7278″ global_colors_info=”{}”]<\/p>\n

FREQUENTLY ASKED QUESTIONS<\/h3>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”FAQ – Good Deeds” _builder_version=”4.23.1″ background_color=”#ffffff” global_module=”4637″ saved_tabs=”all” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_toggle title=”Who is eligible?” admin_label=”Who is eligible?” _builder_version=”4.23.1″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

Anyone interested in purchasing, selling, or investing in a Big Sky property may participate.<\/p>\n

[\/et_pb_toggle][et_pb_toggle title=”What properties are eligible for GOOD DEEDS?” admin_label=”Types of Property Eligible?” _builder_version=”4.16″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

Properties located within the Big Sky Resort Area District are eligible to apply.<\/p>\n

[\/et_pb_toggle][et_pb_toggle title=”How do I apply?” admin_label=”How do I apply?” _builder_version=”4.23.1″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

Applicants must complete an application<\/a>. If the GOOD DEEDS application involves a sales transaction, the applicant must also provide a preapproval letter from a lender. If the applicant is a current owner, BSCHT requires proof of ownership and mortgage information.<\/p>\n

[\/et_pb_toggle][et_pb_toggle title=”What are the key terms of a GOOD DEEDS restriction?” admin_label=”What are the key terms?” _builder_version=”4.16″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    \n
  1. At least one occupant must work a minimum of 30 hours per week in Big Sky and use the property as their primary residence. The occupant can be the owner or a tenant.<\/li>\n
  2. Short-term rentals are strictly prohibited.<\/li>\n<\/ol>\n

    [\/et_pb_toggle][et_pb_toggle title=”Where can I find information on the GOOD DEEDS agreement?” admin_label=”Where can I find information on the Good Deeds agreement?” _builder_version=”4.18.0″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    GOOD DEEDS Purchase Sales Agreement<\/strong><\/span><\/a> (Sales agreement with BSCHT, the buyer of the deed restriction)<\/p>\n

    GOOD DEEDS Deed Restriction<\/strong><\/span><\/a> (BSCHT files this deed restriction with Gallatin County or Madison County)<\/p>\n

    GOOD DEEDS Subordination Agreement<\/strong><\/span><\/a> (Required when deed restricting a property with a mortgage)<\/p>\n

    [\/et_pb_toggle][et_pb_toggle title=”What happens to the deed restriction when ownership changes?” admin_label=”What happens to the deed restriction when I sell?” _builder_version=”4.16″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    The deed restriction follows the property in perpetuity.<\/p>\n

    [\/et_pb_toggle][et_pb_toggle title=”As an investor, can I participate and rent my property?” admin_label=”As an investor, can I participate and rent my property?” _builder_version=”4.16″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    Yes, you can rent your property. At least occupant must work in Big Sky a minimum of 30 hours a week. Short-term renting is strictly prohibited.<\/p>\n

    [\/et_pb_toggle][et_pb_toggle title=”How does this program relate to RENT LOCAL?” admin_label=”How does this program relate to RENT LOCAL?” _builder_version=”4.16″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n\n\n\n\n\n\n\n
    RENT LOCAL incentivizes unit owners to rent their homes to local workers.<\/strong><\/td>\n\u00a0GOOD DEEDS incentivizes unit owners to preserve their property for residents.<\/strong><\/td>\n<\/tr>\n
    COMMITMENT: four years max<\/td>\nCOMMITMENT: forever (transfers with sale)<\/td>\n<\/tr>\n
    Buys a temporary restriction<\/td>\nBuys a permanent restriction<\/td>\n<\/tr>\n
    Stop-gap measure intended to immediately create inventory<\/td>\nPermanent solution to reserve existing inventory for locals<\/td>\n<\/tr>\n
    Cash\u00a0 paid for each year owner commits to RENT LOCAL<\/td>\nCash incentive paid once in exchange for the deed restriction<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    [\/et_pb_toggle][et_pb_toggle title=”How much money will I receive for a GOOD DEEDS restriction?” admin_label=”How much money will I receive for a Good Deeds restriction?” _builder_version=”4.23.1″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]The amount a GOOD DEEDS restriction is worth depends on the circumstances, how much an applicant requests, and whether the property meets the review criteria. Currently, awards do not exceed 20% of the property’s appraised value. BSCHT reserves higher award percentages for buyers using the funding as a down payment.[\/et_pb_toggle][et_pb_toggle title=”Who determines if a property will receive a GOOD DEEDS restriction?” admin_label=”Who determines if a property will receive a Good Deeds restriction?” _builder_version=”4.23.1″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    A trained and dedicated committee reviews all applications and make recommendations to BSCHT’s board of directors.<\/span><\/p>\n

    [\/et_pb_toggle][et_pb_toggle title=”What are the tax implications if I participate in GOOD DEEDS?” admin_label=”Who determines if a property will receive a Good Deeds restriction?” _builder_version=”4.23.1″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    Because each individual’s tax circumstances are different,\u00a0 applicants should consult with their tax professionals.<\/p>\n

    [\/et_pb_toggle][et_pb_toggle title=”How does BSCHT validate a property\u2019s value?” admin_label=”How does BSCHT validate a property\u2019s value?” _builder_version=”4.23.1″ vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength_tablet=”1px” global_colors_info=”{}”]<\/p>\n

    Before purchasing a deed restriction, BSCHT requires an appraisal of the property at the applicant\u2019s expense. BSCHT recommends all applicants apply for the program before ordering a new appraisal, unless one already exists that is six months old or less.<\/p>\n

    [\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

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