Providing Affordable Housing for Methow Valley Residents
Our Mission
The Methow Housing Trust develops and preserves affordable, quality housing for residents of the Methow Valley.
Our Approach
The two pillars of our approach are affordability and permanence. We follow the Community Land Trust model, and are committed to being around in perpetuity to ensure the houses we build are affordable forever.
The Need
For many Methow Valley residents, the stability and benefits of home-ownership are forever out of reach. As the Valley grows and changes, living wages cannot keep pace with dramatically increasing real estate values, leaving more and more Valley households in unsustainable living situations.
Over the past 5 years, median real estate sale values have been outpacing wage increases more than 4:1
The 2024 median home price in the Methow Valley was $640,000. The household income required to purchase a home at that price is more than triple the 2022 median income of a 2 person household in the Methow Valley.
The stock of affordably priced homes in the Methow Valley is effectively non-existent
Strategic Priorities for 2025 and beyond
Acquire more land now for future community housing needs.
Build more homes consistent with demand for CLT homes.
Make sure we are ready for the next opportunity even if we can’t yet envision what that may be.
Broaden our reach (applicants): Increase cultural competency.
Broaden our reach (donors): Know our community and align with philanthropic values.
Broaden our reach (partners): Expand impact beyond CLT homes.