3918 Andersen Lane
3918 Andersen Lane, Unit 36
Home for sale:
- 2-bedroom, 1.5-bathroom, 1 car garage
- 1,132 square feet (estimated)
- range, refrigerator, dishwasher
- home price - $346,500
- Household income must be between 80% to 120% of the median family income (details below)
- Household size: two (2) or more people
- NO DOGS ALLOWED
Housing Department Rules & Regulations, Section 4: Weighted Drawing.
Deadline to Apply: Tuesday, December 23rd by 4:00 p.m. No late or incomplete entries will be allowed, no exceptions. If selected first for this unit, you will be notified by phone. All others will be sent an email notice.
Millward Master Rules and Regulations
The Housing Department has transitioned to a new online account and application platform. If you have created and completed your application before December 10th, and you meet the income and asset qualifications for the specific unit currently available, you will receive an email from us inviting you to enter the drawing for this unit. If you have not received an invitation email, you may not enter this drawing.
Step 1: If you have received an invitation email, click the link in the email to enter the drawing.
Step 2: Upload the following documents to your Interest Application before the deadline (December 23, 2025)
- Affidavits of Current Employment for all jobs of all adults in the household.
- Affidavits of Previous Employment for one adult in the household to verify up to 10 years of consecutive full-time employment for a Local Business.
- Lender Qualification Worksheet (must be completed by a Local Lender; the Lender's Qualification is valid for one year; the loan amount on your Lender's Qualification worksheet must be at least the purchase price minus your down payment for the home for which you are applying)
You may receive one additional entry into the drawing for every year of verified full-time employment (minimum of 1,560 hours) in Teton County, with a maximum of 10 years/entries.
Critical Service Provider Verification: if you are a Qualified Critical Service Provider.
For Self-Employment - please provide the following:
- Self-employment application here
Income Limits
To be eligible to be invited to enter this drawing, your household's gross income (before taxes) must fit into the range listed below, and your household's net assets must not exceed the asset limit listed below.
Two Person Household $90,560 to $135,840
Three Person Household $101,880 to $152,820
Four Person Household $113,200 to $169,800
Five Person Household $122,256 to $183,384
Six Person Household $131,312 to $196,968
Net Asset Limit $339,600
Example cost breakdown for a purchase price of $346,500
3.5% down payment (required) $12,128
Loan Amount $334,373
Principal & Interest Payment (estimated 6.5%) $2,113
Property Tax (estimate) $165
Insurance (estimated) $50
HOA dues (estimate does not include water/sewer) $258
Monthly Ground Lease Fee $30
Total Estimated Monthly Payment $2,616
Calculation of Income
Household income is calculated based on the current income earned by all intended adult occupants of the Restricted Housing Unit at the time of weighted drawing entry, using the current household income to estimate an annual (12-month) income basis.
Self-Employment Income Calculation Policy
Please refer to Section 4 of the Housing Department Rules and Regulations, on Qualification and Eligibility, page 41, paragraph b. https://www.jhaffordablehousing.org/DocumentCenter/View/31925/Housing-RR-2024-final-adopted
Once selected in a Weighted Drawing:
The complete application paperwork is not required at the time of drawing entry; however, it will be required when you are selected for a home. Please keep in mind you will only have 5 business days from the date of notification to provide it. For anyone who may need more time and would like to complete the required paperwork for here is a list for your convenience:
Most recent 2 years' complete tax returns and W-2s.
3 months of the most recent account statements for all checking, savings, CD, IRA, and retirement accounts.
Full credit report/scores for all adult applicants dated within the last year.
Proof of citizenship - passport, birth certificate, or green card. For DACA recipients, USCIS DACA Approval Notice (Form 1-797).
Completed Home Buyer Education Class Certificate. The Home Buyer Education Certificate is good indefinitely. Homebuyer Education Link
Divorce Decree - if applicable
Birth Certificate for any child under 1 - if applicable
For questions, please contact the Housing Department via housing@tetoncountywy.gov or 307-732-0867.