Teacher Housing Initiative
North Yellowstone Education Foundation has a solution!
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Gardiner is in the midst of a housing crisis. Affordable housing was identified as the #1 concern for residents through the 2019 Successful Gardiner Campaign, and this is backed by statistics—the average price of a home in the state of Montana is $440K. In Park County, the cost rises to $715k. In Gardiner, the average home costs $990K, if one can be found for sale at all.
This situation has impacted the Gardiner Public School's ability to hire and retain teachers, who have a starting salary around $35,777. NYEF is working to alleviate this problem through our Teacher Housing Initiative.
In 2020, NYEF purchased a property, a historic building built in 1908 that was once owned by Earl Hall and most recently used as a bed and breakfast, in Gardiner. Thanks to support from the Gardiner Area Resort District and very generous donors, we completed $300k in renovations and are now able to provide subsidized housing for three Gardiner School teachers.
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Check out KBZK's news report on our housing project.
Thank you for your support!
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Our three phased approach
Phase One
2020 - 2023
1908 Bed and Breakfast purchased and remodel into 3 apartments for teachers
Status:
As of October 2023, we have concluded Phase One with the remodel of this 1908 Bed and Breakfast. The $800,000 project was made possible with the help of numerous donors, including The Park County Community Foundation, George L. Ohrstrom Jr. Foundation, Gianforte Family Foundation, Steele-Reese Foundation, Arthur M. Blank Family Foundation, Gardiner Area Resort District, and First Interstate Bank and Foundation. Additionally, private donors have contributed over $350,000 to the project.
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Phase Two
2023 - 2024
Identify 2-3 apartments or houses in Gardiner were owners are willing to work with NYEF and a local teacher to provide housing. NYEF would assist by providing a rent subsidy for the unit.
Phase Three
2024 - 2027
Identify another property for purchase in Gardiner to be used for teachers.