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How a $40M land purchase in Big Sky may chart a new path towards affordable housing

One affordable housing expert said that Big Sky is serving as a “beacon of what’s possible” following the purchase of the Cold Smoke land.

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One affordable housing expert said that Big Sky is serving as a “beacon of what’s possible” following the purchase of the Cold Smoke land.

4 days ago·Helena, United States

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Helena Independent Record broke the news in Helena, United States 4 days ago on Thursday, January 29, 2026.

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Big Sky entities purchased land to provide affordable rentals and homeownership amid local housing shortages in the wealthy Montana resort community, officials said.