- Home
- Government
- Jointly Funded Departments/Divisions
- Affordable Housing
- About Us
- Preservation Program
Housing Preservation Program - Down Payment Assistance, Deed Restriction Purchase
Down Payment Assistance
Steps to Apply:
- Complete or update your online Intake Form.
- Get Prequalified for the Program
- Apply for Down Payment Assistance- once you have a home under contract
- You will be required to include the following as part of your application:
- Current appraisal & inspection reports for the property
- Copy of contract to purchase the property
- Lender's loan qualification and approval
- Completed Affidavit for Current Employment
- Full credit report with credit score within the last year
- A copy of your most recent tax returns
- If self-employed, tax returns for the 3 most recent years and a Year-to-Date Profit & Loss statement
- Verification of Citizenship or Lawful Permanent Resident
- Copies of recent bank statements and investment account statements
- Signed Certification & Oath
- You will be required to include the following as part of your application:
- Once approved, sign Agreement to Sell Deed Restriction
- At closing, sign Workforce Ownership Deed Restriction
- Annually, requalify for the Workforce Program - no other residential real estate ownership, 75% household income earned locally, at least one person works a minimum of 1,560 hours per year for a Local Business.
Deed Restrict Your Home for Local Workers
Steps to Apply:
- Complete or update your online Intake Form.
- Apply to Record a Restriction on Your Home
- You will be required to include the following as part of your application:
- Current appraisal & inspection reports for the property
- Completed Affidavit for Current Employment
- If you are retired, submit Completed Affidavit for Previous Employment
- A copy of your most recent tax returns
- If self-employed, tax returns for the 3 most recent years and a Year-to-Date Profit & Loss statement
- Verification of Citizenship or Lawful Permanent Resident
- Copies of recent bank statements and investment account statements
- Signed Certification & Oath
- You will be required to include the following as part of your application:
- Once approved, sign Agreement to Sell Deed Restriction
- Record Workforce Ownership Restriction on your property, receive payment for restriction
- Annually, requalify for the Workforce Program - no other residential real estate ownership, 75% household income earned locally, at least one person works a minimum of 1,560 hours per year for a Local Business.
Questions? Please email us at housing@tetoncountywy.gov or call us at 307-732-0867.