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Posh Ski Area in Montana Taps Muni Market for Workforce Housing

Bloomberg Markets
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Posh Ski Area in Montana Taps Muni Market for Workforce Housing

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Much of the workforce in the stunning Rocky Mountain ski paradise of Big Sky, Montana, can’t afford to live there.But a municipal-bond deal this week will help chip away at the affordable housing shortage in the posh locale, located near Yellowstone National Park. The area has become a playground for billionaires and Hollywood celebrities as home to the Big Sky Resort and the Yellowstone Club, where heiress Paris Hilton hit the slopes earlier this year.

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Source: Bloomberg Markets