Programs: In 2014, the housing trust partnered with the teton county school district (tcsd) to develop 11 affordable homes for teachers. In accordance with a 99 year ground lease agreement with tcsd, the housing trust secured construction financing for the project and managed the permitting, entitlement, development, finance, construction, marketing, operation and sale of the residential units. Final project approval was awarded by the board of county commissioners in july 2014. Construction commenced august 2014.
in 2014, the housing trust entered into a partnership with the town of jackson to develop 12 affordable homes for dedicated members of our workforce. In accordance with a 99 year ground lease agreement with the town, the housing trust agreed to costruct and manage 12 affordable rental units for dedicated members of the workforce and lessen the burden of government. 2014 also marked the kick off of an $8,000,000 capital campaign for this project on the corner of redmon and hall.
annual operations of the housing trust include the management and administration of 107 ground leases and deed restrictions associated with housing trust homes. In 2014, the housing trust facilitated the sale of five homes. In concert with this scope of work, staff ensures that jhcht legal, financial and lending guidelines are current with federal requirements.