JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT

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JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT
King Street Condos, Anticipated Completion: August 2021
                                                                                                  Developer: Jackson Hole Community Housing Trust

                                             The Cavallaro Family, Homeowers since 2011

The Grove, Phase III, Anticipated Completion: Early 2021
Developer: Teton Habitat                                                                                     The Jaubert Family, Homeowners since 2011

                                            JACKSON/TETON COUNTY
                                   AFFORDABLE HOUSING DEPARTMENT

                                                                                             2020 MIDYEAR REPORT
                                                           "Affordable housing provides an essential opportunity for our
                                                             community to retain the people that are the heartbeat of
                                                                                this community."
                                                             - Jessica Jaubert, Director at Three Elephant Public Relations and board member for
                                                                                pARTners, Rotary, and the JH Children's Museum

                                                      Housing Solutions to Stabilize our Community
JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT
Community Indicators
                                        The 2012 Jackson/Teton County Comprehensive Plan is
                                        predicated on three equally important Common Values: 1.
                                        Ecosystem Stewardship, 2. Growth Management, and 3.
                                        Quality of life. The key indicator for Quality of Life is the
                                                                                                             INTAKE FORM REPORT
                                                                                                             In January 2018 the Housing Department began requiring

                   Housing
                     57% Stock864
                                        percentage of resident workforce. Our goal is to have at             all households that wish to apply for restricted housing to
                                        least 65% of the local workforce living locally.                     complete its online Intake Form.

                                        of our local workforce lives locally while 43% commutes.
                                                                                                             households have completed an

                                                                                                                                              Dorm Beds
                                        This trend shows a con’nued decline in percentage of the

                       Total Number of Units
                                                                                                             Intake Form.
                                        workforce living locally.

                                        38%1,05667%
                                                  +
                                        of local houses are occupied by non-workers like second
                                        homeowners and re’rees.
                                                                                                             of all local households are
                                                                                                             one or two people.                                             241
                                                                                     $49 80%                                                    7
                     HousingTheDepartment                                                         TetonOver
                                                                                                         Habitat                                                  Jackson Hole Community

                                        3
                                                                                                             half of all households

                     505 Rentaltimes
                               local median home price is
                                                                                                       that completed the Intake
                                                                                                             Form earn less than
                                                                                                                                                                  Housing Trust
                               Units                                                                       Ownership Units

                     359 Ownership Unitshigher than what the median family can                                                                                   115 Ownership Units
                                                                                                                                                Most households have
                                                                                                                                                at least one person who

                                                                                                                                                                 28 Rental Units
                                        afford.                                                                                                 has worked locally for at
                                                                                                             of median family income.

                     241 Dorm Beds
                                                                                                                                                least seven years.

                      2019                                                                         2020                                                           2021
                      62          New deed restricted
                                  units built in 2019
                                  (+1 existing unit)
                                                                                                   86         New deed restricted
                                                                                                              units slated for
                                                                                                              completion in 2020
                                                                                                                                                                  137        New deed restricted
                                                                                                                                                                             units slated for
                                                                                                                                                                             completion in 2021
                                                                                                              (49 complete)

2018 2018
     SalesSales& &                                                                                                                    COMPLIANCE         DATA
RentalRental
         DATA     DATA
     Since January 2020
                                                                                                                                      Since January 2020
                                                                                                                                                                                   Workforce
                                                                                                                                              Rental Units
In 2018, the Housing department
                         In 2018,sold:
                                  the Housing department sold:                                                                                                                   Ownership Units

                         10 1010+10
                         11 +    3
                          Weighted drawings
                          conducted
                           New Homes ExistingNew
Of the 10 re-sales, the families
                                              Homes
                                                       Homes sold
                                                 Homes (4  in process)
                                                       Existing Homes
                                                                                                                                           100% 100%
                                                                                                                                           Ongoing with units due
                                                                                                                                             throughout the year
                          Of the selling thosethe
                                 10 re-sales,  homes:
                                                  families selling those homes:

                          4                                               16
    3 23 52 5
                          New leases at the                                                                                                  Affordable
                          Grove executed
                                                                          Leases at the
                                                                          Grove renewed                                                    Ownership Units                       12 Total
                                                                                                                                                                                 Violations

                                                                          8
of the families       purchased
                          of the families Moved out of the

                         16
                                              purchased        Moved out of the
purchased market
homes.
                      another  deed market
                          purchased
                      restricted
                          homes.home.
                                          community.
                                              another deed
                                              restricted home.
                                                               community.
                                                                                                                                           In Process                            11 Cured
                                                                                                                                               Information due to
                          Town employee                                   County employee                                                  Housing Department by
                                                                                                                                                                                 and no longer
In 2018, at the Grove Phase 1, the at
                                   Housing                                                                                                                                       in violation
                          rentals executed
                         In 2018,     the Grove Phase 1, the Housing
Department administered:Department administered:                          rentals executed                                                          July 16, 2020

                            7 +137 +13
                        New Leases        Renewed
                                               NewLeases
                                                    Leases            Renewed Leases
                                                                                                                                                                                                   2
JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT
Capital Projects Underway
The Housing Department is partnering on 4 current projects and 3 future projects.
Once complete, these 7 projects will result in over 175 new units for our community!

             Grove Phase lll                                                    King Street Condos
This multi-year partnership project with Teton Habitat           This partnership project with the Jackson Hole
will be complete in early 2021! Once finished, Grove             Community Housing Trust will be complete in the fall
III will provide 24 homes to low-income families.                of 2021 and will provide 24 restricted ownership units
The Grove I, II, and III provide a total of 48 restricted        and 2 commercial spaces.
ownership units, 20 restricted rental units, and 3
commercial spaces.

       Mercill Avenue Condos                                                                  Kelly Place
This partnership project with Mercill Partners will              This partnership project with Roller Development and
be complete at the end of 2021 and will provide 30               Tack Development will be complete in early 2022 and
restricted ownership units and 4 commercial spaces.              will provide 12 restricted ownership units.

Future Projects
Low-Income Housing Tax Credit Development – This partnership project with Summit Development Group will
apply for LIHTC allocation this fall. Awards will be announced in early 2021. If awarded the project could break
ground as soon as the spring of 2021. 24 units serving households earning
JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT
Housing Authority Board
               Board meetings the first
       Wednesday of each month at 2pm
                                          Grove Phase ll
                Annie Kent Droppert

                                                                              Community
                      Amy Robinson
                       Estela Torres

        Housing Supply Board
              Board meetings the second                                             First
                                                                                  Resort
           Tuesday of each month at 4pm
                      Fred Arbuckle
                       Laura Bonich
                    Dennis Callaghan
                          Jeff Collins
                                                                                 Second
                        Matt Faupel       Julia Heemstra, Homeowner.
                        Carrie Kruse
		                         Larry Thal     COVID-19 Reponse
                                          The Housing Department is participating on the Emergency Housing Subgroup
                                Staff     to help coordinate temporary and emergency housing during the pandemic.
     Billi Jennings, Sales Coordinator    The department is also partnering with One22 Resource Center to help
Julia Johari, Administrative Assistant    households apply for rent and mortgage relief through the Wyoming
                                          Community Development Authority.
       April Norton, Housing Director
Lisa Potzernitz, Compliance Specialist
      Stacy Stoker, Housing Manager

                Mailing Address
                       P.O. Box 714
                 Jackson, WY 83001

                Physical Address
                   320 S King Street
                 Jackson, WY 83001
                                          The Kendell Family, Homeowners.
                       Contact Us
             Phone: 307-732-0867
                Fax: 307-734-3864         Our Partners:
      housing@tetoncountywy.gov
     www.jhaffordablehousing.com

                      Find Us On:

                       #housingjh
JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT JACKSON/TETON COUNTY AFFORDABLE HOUSING DEPARTMENT
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