This partnership with the Jackson Hole Community Housing Trust will result in a mixed-use development that will include 24 ownership units - 18 one-bedroom homes, 2 two-bedroom homes, 4 three-bedroom homes - for households working in Teton County. The Town of Jackson is providing the land for this development (appraised value $3,360,000), plus $1,250,000 in additional funding and 6 off-site parking spaces valued at $300,000. The Town's investment is being leveraged by approximately $18,000,000 in private capital.
Groundbreaking: May 2020
Anticipated Completion: January 2022
Total Units: 24 ownership homes, 18 one-bedroom, 2 two-bedroom, 4 three-bedroom. Includes five revolving employee rights of first purchase for Town of Jackson employees.
Affordability: Jackson Hole Community Housing Trust Affordable Restrictions
Public Investment Per Unit: $204,583.33