Affordable homes are intended to serve households who earn between 0 - 120% of the Median Family Income. We define "Affordable" to mean that a household spends no more than 30% of its income on housing. The Affordable Housing Program has both rental and ownership units.
Occupancy and Use
Housing Authority Developed Affordable Homes
The Housing Authority previously developed several Affordable housing neighborhoods. Currently, the Housing Authority purchases land and partners with private developers to develop Affordable Housing.
When the Housing Authority developed the Grove, 20 Affordable rental homes were built. Tenants were selected via the Housing Department's weighted drawing. These are the only Affordable rental units whose households are selected via our weighted drawing process. For other Affordable rental resources, please click here.
The Housing Authority developed and sold 64 Affordable ownership homes, all located in housing developments that were built using public funds. If any current owners in these Affordable homes decide to sell, a qualified buyer will be selected through the Housing Department's weighted drawing process.
Workforce Homes Provided by Independent Developers
Most of the Affordable homes in our community are developer provided due to Teton County Land Development Regulations (LDRs) that require and/or provide incentives for developers to provide a portion of deed restricted units when building a market development. Buyers of Affordable homes that become available are selected through our weighted drawing process. Tenants for privately owned Affordable rentals are selected by the owner - the Housing Department is not involved. The Housing Department is responsible for managing compliance of all households to ensure that the tenants and/or owners meet the requirements of the recorded restriction.