Current:Home > FinanceMontana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state -WealthTrack
Montana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state
View
Date:2025-04-17 15:33:35
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! (73)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Why Johnny Depp Is Canceling His Hollywood Vampires Concerts in the U.S.
- Trump Admin Responds to Countries’ Climate Questions With Boilerplate Answers
- American Climate Video: In Case of Wildfire, Save Things of Sentimental Value
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Why Shay Mitchell Isn't Making Marriage Plans With Partner Matte Babel
- Transcript: David Martin and John Sullivan on Face the Nation, June 25, 2023
- Disappearance of Alabama college grad tied to man who killed parents as a boy
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Coal’s Decline Not Hurting Power Grid Reliability, Study Says
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 4 volunteers just entered a virtual Mars made by NASA. They won't come back for one year.
- Iowa Republicans pass bill banning most abortions after about 6 weeks
- American Climate Video: After a Deadly Flood That Was ‘Like a Hurricane,’ a Rancher Mourns the Loss of His Cattle
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Trump’s ‘Energy Dominance’ Push Ignores Some Important Realities
- Here's who controls the $50 billion opioid settlement funds in each state
- Sister Wives' Kody and Janelle Brown Reunite for Daughter Savannah's Graduation After Breakup
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
The Bachelorette's Andi Dorfman Marries Blaine Hart in Italy
2 dead, 15 injured after shooting at Michigan party
Katharine McPhee's Smashing New Haircut Will Inspire Your Summer 'Do
Federal hiring is about to get the Trump treatment
Politicians want cop crackdowns on drug dealers. Experts say tough tactics cost lives
Former First Lady Rosalynn Carter Diagnosed With Dementia
The Canals Are Clear Thanks to the Coronavirus, But Venice’s Existential Threat Is Climate Change