The community's goal is to house at least 65% of the workforce locally. Many types of restricted housing exists in Teton County.
Affordable units are rental and owner-occupied with restricted pricing. To qualify, households must meet employment, income, and asset criteria.
This restriction creates units that may be either rental or ownership. To qualify to own or rent a Workforce unit, a household must have at least one person who works full-time for a local business, the household must earn at least 75% of its income from a local business. This is at time of purchase and during ownership. Click here for more information on Workforce housing units.
Attainable units were built before housing standards were adopted in the Land Development Regulations. No more Attainable units will be constructed, but the Rules and Regulations still apply through the management of existing units. They have income limits and asset limits that are calculated according to their deed restriction. They do not have a price cap, but buyers must qualify to purchase.
Employee housing is a legacy program created through new commercial development. The restrictions on these units limit renters to incomes of 120% of median and below. These units may not be owner occupied. A maximum rent is allowed to be charged that is calculated according to their deed restriction. To qualify, households must meet income and employment criteria. These units are no longer being created.