![]() ![]() In its final form, the bill seeks to increase incentives for mobile home park owners to sell their park to their residents by completely exempting those sales from capital gains tax. The House of Representatives passed Senate Bill 269 on April 21, sending the bill to Gov. Three bills introduced in the Montana Legislature this year sought to protect mobile home owners like Newman from the rising tide of housing prices, but only one is still alive - the others stalling in committee during a session that has seen many affordable housing bills struggle to gain traction. After Havenpark bought the park, she said her monthly bill jumped $80 in a single year, with evidence prices could increase even more. Over the next 20 years, the 68-year-old said rent gradually increased to $283 per month. Back then, Newman said it cost about $166 per month to rent the ground beneath her home. Newman said she saw moving into the Highwoods park 21 years ago as an affordable option to live with and care for her ailing mother, who has since passed away. “For the entire winter, I sat here and thought ‘I’m going to lose my home,’” Newman said in an interview. It’s certainly a worry for Cindy Newman, who owns a mobile home in the Highwoods Mobile Home Park in Great Falls, which Utah-based investment firm Havenpark Capital bought in late 2019. Mobile home parks are one of the last strongholds of reliable affordable housing in Montana, helping people of a wide range of income levels become homeowners, even as prices for most other residence types in across the state continue to spike.īut as investment firms snap up properties across the state, there are signs that even mobile homes may soon become out of reach for many Montanans. ![]()
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