Kind Home Cooperative Breaks Ground in Missoula

The developer begins construction on four new income-restricted condo units in the city.

Updated on Oct. 21, 2026 in Construction

Kind Home Cooperative Breaks Ground in Missoula

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Kind Home Cooperative has officially broken ground on Serviceberry Grove Homes, a new development featuring four income-restricted housing units. This project aims to address rising local housing prices by providing permanently affordable options for residents.

Why it matters

This project increases the supply of affordable housing in Missoula by utilizing a public-private partnership. The units provide necessary inventory for households that might otherwise be priced out of the current market.

The development consists of four two-bedroom condos reserved for households earning up to 120% of the area median income, which is approximately $72,000 for a two-person household.

The players

Kind Home Cooperative

This organization acts as the primary developer for the Serviceberry Grove Homes project.

Front Step Community Land Trust

This entity provided the land used for the development of the housing units.

Missoula Redevelopment Agency

This local agency provided the tax increment financing required for site infrastructure.

The details

The development, titled Serviceberry Grove Homes, leverages land provided by the Front Step Community Land Trust. The Missoula Redevelopment Agency contributed infrastructure funding to cover costs, including the installation of a fire hydrant.

Groundbreaking for the development took place on October 21, 2026.
The project partners anticipate completing the homes sometime in 2027.

Market Landscape

The use of Tax Increment Financing reflects a broader industry shift where developers increasingly rely on local government partnerships to bridge funding gaps for affordable projects. This strategy positions Kind Home Cooperative to expand housing supply despite the competitive pressures of the current market.

The project will provide four income-restricted housing options for residents who meet the eligibility criteria. Prospective occupants can anticipate completion of these units in 2027.

The takeaway

This development highlights the growing reliance on community land trusts to secure space for affordable housing in high-cost cities. Potential residents should monitor local housing authorities for future application criteria as the 2027 completion date approaches.