The Housing Department is working on three new partnership projects, detailed below.
Low-Income Multifamily Rental Housing in Town
This project is a partnership between the Town of Jackson and Summit Housing Group. The project is broken into four distinct tasks: 1) property identification (June/July 2020); 2) Qualified Allocation Plan (“QAP”) study and opportunity assessment, preliminary design (July/August/September 2020); 3) project application (September 2020); and 4) project development (Spring 2021 if credits received in January 2021). Once built, the development will provide rental housing for households earning <60% of median family income.
Jackson & Kelly Apartments
This project is a partnership between Teton County and a local family. The development will be built on 10 lots located south of Snake River Brewing. Staff is currently working with the family to create massing models for the property and to identify potential funding sources for the project, which will ultimately result in housing for households earning 20-200% of median family income. Staff anticipates beginning the official planning process for the development sometime in 2020.
445 East Kelly Avenue
This 1-acre property was purchased by Teton County in June 2020. Staff will bring options for development to the Board of County Commissioners for consideration during a workshop on July 20 at 9:30am.