Current:Home > FinanceMontana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state -USAMarket
Montana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state
View
Date:2025-04-17 18:45:55
HELENA, Mont. (AP) — Montana’s Gov. Greg Gianforte and first lady Susan Gianforte have purchased a historic Helena mansion for $4 million that they eventually plan to donate to the state for use as the governor’s mansion, the governor’s office announced Monday.
Gianforte, a Republican, is a multimillionaire who founded a cloud computing company that sold to Oracle in 2011 in a $1.5 billion deal.
“Susan and I are fortunate to have achieved the American dream, and with that, we believe we have an obligation to give back,” Gianforte said in a statement.
The Hauser House was built in 1885 by Samuel T. Hauser, an entrepreneur and one of Montana’s territorial governors. It was also once owned by former Montana Gov. Tim Babcock.
The nine-bedroom property, which is on the National Register of Historic Homes, was listed for sale for $6.18 million in June. Its assessed value with Lewis and Clark County is nearly $1.36 million.
The Gianfortes purchased the home last week and it will be their primary residence in Helena, his office said.
“Following my service, we will donate this home to the State and the people of Montana,” Gianforte said in a statement.
The existing governor’s mansion has near the Capitol has been closed since 2021 for renovations.
The Legislature has appropriated more than $2 million for the work. The Department of Administration, which maintains the house, said the renovations have been put on hold because of supply chain delays and a worker shortage that kept increasing the costs.
The Department of Administration will decide whether to accept the donated mansion and, if so, what the state would use it for. The agency would also decide what to do with the current governor’s mansion. A spokesperson did not immediately respond to an email Monday seeking comment.
Gianforte “is committed to ensuring future First Families have a governor’s residence that is in good repair, safe, healthy, and family-friendly, all while ensuring the state is a good steward of taxpayer resources,” the statement said.
Gianforte’s first term in office ends in January 2025. He has not said whether he will seek reelection, though he is widely expected to.
veryGood! (1)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- It Took This Coal Miner 14 Years to Secure Black Lung Benefits. How Come?
- For Some California Farmers, a Virus-Driven Drop in Emissions Could Set Back Their Climate Efforts
- U.S. Military Bases Face Increasingly Dangerous Heat as Climate Changes, Report Warns
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Tinx Shares the Self-Esteem Guidance She Wishes She Had Years Ago
- Deciding when it's time to end therapy
- A Smart Grid Primer: Complex and Costly, but Vital to a Warming World
- 'We're reborn!' Gazans express joy at returning home to north
- Julia Fox Frees the Nipple in See-Through Glass Top at Cannes Film Festival 2023
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Assault suspect who allegedly wrote So I raped you on Facebook still on the run 2 years after charges were filed
- Assault suspect who allegedly wrote So I raped you on Facebook still on the run 2 years after charges were filed
- Horoscopes Today, July 23, 2023
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- North Dakota's governor has signed a law banning nearly all abortions
- Montana GOP doubles down after blocking trans lawmaker from speaking, citing decorum
- The Luann and Sonja: Welcome to Crappie Lake Trailer Is More Wild Than We Imagined
Recommendation
Sam Taylor
Schools ended universal free lunch. Now meal debt is soaring
Biden promised a watchdog for opioid settlement billions, but feds are quiet so far
Back pain shouldn't stop you from cooking at home. Here's how to adapt
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Apple AirTags can track your keys, wallet and luggage—save 10% today
Schools ended universal free lunch. Now meal debt is soaring
Thor Actor Ray Stevenson's Marvel Family Reacts to His Death