Current:Home > FinanceMontana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state -FundTrack
Montana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state
View
Date:2025-04-12 04:31:29
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! (5626)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Biden administration awards $653 million in grants for 41 projects to upgrade ports
- A fire at a drug rehabilitation center in Iran kills 27 people, injures 17 others, state media say
- Jennifer Lopez says Ben Affleck makes her feels 'more beautiful' than her past relationships
- The White House is cracking down on overdraft fees
- Lebanon’s militant Hezbollah leader threatens escalation with Israel as its war with Hamas rages on
- Florida man faces charges after pregnant woman is stabbed, hit with cooking pan, police say
- Israel says it's killed a Hamas commander involved in Oct. 7 attacks. Who else is Israel targeting in Gaza?
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Jessica Simpson Celebrates 6 Years of Sobriety With Moving Throwback Message
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Former Detroit-area officer indicted on civil rights crime for punching Black man
- 2 teens plead not guilty in fatal shooting of Montana college football player
- Judges toss lawsuit targeting North Dakota House subdistricts for tribal nations
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Judges toss lawsuit targeting North Dakota House subdistricts for tribal nations
- Amazon founder billionaire Jeff Bezos announced he's leaving Seattle, moving to Miami
- Ex-Missouri teacher says her OnlyFans page was a necessity, didn't violate school policies
Recommendation
Sam Taylor
Thanksgiving Survival Guide: Here’s What You Need to Navigate the Holiday Season with Crazy Relatives
Toddler critically injured in accidental shooting after suspect discards gun on daycare playground
Former Memphis cop agrees to plea deal in Tyre Nichols' beating death
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Mariah Carey sued again on accusations that she stole 'All I Want for Christmas Is You'
Kansas day care worker caught on video hitting children is sentenced to 10 years in prison
U.S. economy added 150,000 jobs in October as hiring slows