Current:Home > MarketsMontana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state -VisionFunds
Montana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state
View
Date:2025-04-13 21:03:52
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! (35453)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Stock market today: Wall Street drops to worst loss in months with Big Tech, hope for March rate cut
- CosMc's spinoff location outpaces traditional McDonald's visits by double in first month
- Judge: Florida official overstepped authority in DeSantis effort to stop pro-Palestinian group
- Intellectuals vs. The Internet
- Russian court extends detention of Russian-US journalist
- Australian TV news channel sparks outrage for editing photo of lawmaker who said her body and outfit were photoshopped
- Russell Brand denies 'very hurtful' assault allegations in Tucker Carlson interview
- Meta releases AI model to enhance Metaverse experience
- Few are held responsible for wrongful convictions. Can a Philadelphia police perjury case stick?
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- A Tennessee lawmaker helped pass a strict abortion law. He's now trying to loosen it
- Online news site The Messenger shuts down after less than a year
- How the Samsung Freestyle Projector Turned My Room Into the Movie Theater Haven of My Dreams
- The Daily Money: Spending more on holiday travel?
- Elmo asks the internet 'How are you doing?' Turns out, they’re not doing great.
- Powerball winning numbers for Wednesday night's drawing: Jackpot climbs to $206 million
- Disney's free speech lawsuit against Gov. Ron DeSantis dismissed but second lawsuit still pending
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Meta CEO Mark Zuckerberg apologizes to parents of victims of online exploitation in heated Senate hearing
Jury hears that Michigan school shooter blamed parents for not getting him help
Stock market today: Asian stocks are mixed after Wall Street slips to its worst loss in 4 months
In ‘Nickel Boys,’ striving for a new way to see
New Mexico will not charge police officers who fatally shot man at wrong address
Chicago becomes latest US city to call for cease-fire in Israel-Hamas war
Biden to celebrate his UAW endorsement in Detroit, where Arab American anger is boiling over Gaza