Big Sky Villas Apartments

202 W Jefferson, Belgrade, Montana 59714

Contact Big Sky Villas Apartments

The Big Sky Villa Apartments consist of six one-bedroom units , twelve two-bedroom units, and six three-bedroom units.

Bedrooms: six one-bedroom units, twelve two-bedroom units, six three-bedroom units
Each unit includes a full kitchen, washer and dryer hookups, parking with plug-ins, air conditioning, electric baseboard heart, and vinyl hardwood flooring
Utilities: water, sewer and garbage is paid, tenant pays electric
Rental assistance: available for those who meet eligibility requirements

Managed by HRDC, this community offers one, two and three bedroom apartments.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	640	Call for Price
Two Bedroom (2/1)	810	Call for Price
Three Bedroom (3/1)	983	Call for Price

Eligibility for Big Sky Villas Apartments

Big Sky Villas Apartments Details

24 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.