Back to today’s briefing

Story perspectives

Montana Governor Pushes Housing Reform Amid Affordability Crisis

11/18/2025

23 2

Summary

Story summary

Greg Gianforte, Governor of Montana, pursues housing supply reform through the HOMES Program.
Montana faces skyrocketing prices and a D grade in affordability, with median home prices at $634,523 and median household income at $69,683.
High land costs and slow construction timelines hinder supply.
Nationally, the United States faces a shortfall of more than 4.7 million homes, intensifying affordability pressures.

1 of 1

Story summary

Greg Gianforte, Governor of Montana, pursues housing supply reform through the HOMES Program.
Montana faces skyrocketing prices and a D grade in affordability, with median home prices at $634,523 and median household income at $69,683.
High land costs and slow construction timelines hinder supply.
Nationally, the United States faces a shortfall of more than 4.7 million homes, intensifying affordability pressures.