Millward Unit 29, 3978 Hawthorne Lane
3978 Hawthorne Lane, Unit 29
Home for sale:
- 2-bedroom, 1.5-bathroom, 1 car garage
- 1,132 square feet (estimated)
- range, refrigerator, dishwasher, microwave
- 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 2nd 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 November 19th, 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 2, 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)
- Up-to-date Credit Report (provided by a local lender, AnnualCreditReport.com, or CreditKarma.com)
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) $194
Monthly Ground Lease Fee $30
Total Estimated Monthly Payment $2,552
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
Business must be a Qualified Local Business for income to be counted as Local Income.
Gross business income is used minus the cost of goods sold (not the cost of goods in inventory – that is an exempt asset) and minus cash expenses only. Equipment, vehicles, furniture, fixtures, etc., are already exempt from being counted as assets, so they are not allowed to also be deducted from income. Travel expenses will only be reduced in cases where travel is directly related to the business, as determined by the Housing Department. Meals/Entertainment expenses will not be counted as a deduction. Depreciation is not an allowed deduction.
Once selected in a Weighted Drawing:
Additional paperwork will be required if selected in the drawing. Please be prepared to provide the following if notified:
Most recent 2 years of complete tax returns & W-2s
Completed Home Buyer Education Class Certificate. The Home Buyer Education Certificate is good indefinitely. Homebuyer Education Link
Account Statements - copies of three (3) months of your most recent statements from all checking, savings, CDs, investment accounts, etc. These can be printed from the web.
Birth Certificate - must submit a copy of a birth certificate for any child under the age of 1.
Divorce Decree - this is only required if your divorce occurred within the past ten (10) years OR if you are receiving any type of income from the settlement.
For questions, please contact the Housing Department via housing@tetoncountywy.gov or 307-732-0867.