Jackson Street Apartments Workforce Units

Workforce Weighted Drawing Entry Eligibility Highlights

1. At least one adult in the household must be employed full-time in Teton County for a minimum of one year. The Housing Department defines full-time employment as working a minimum of 1560 hours per year (30 hours/week average).
2. 75% of the Household’s combined income must be earned working for a business located in Teton County. 
3. Household must live in the home 10 months out of each year. 
4. Household may not own any residential real estate within 150 miles of Teton County.
5. There are no income or asset limits for workforce rentals.
6. There are no minimum occupancy requirements for workforce rentals.
7.  All forms and materials needed to enter this weighted drawing can be found here, “You can find the application under "Rentals - Weighted Drawing Entry Forms". Please refer to the 2024 Rental Application Checklist to confirm all materials have been submitted.
8. Please click here for information for Critical Service Providers (CSPs).
9. Deadline to Apply: Tuesday, July 9, 2024, by 4:00 PM. No late or incomplete entries will be accepted. 
10. Please note that you must have an updated and verified Online Intake Form account before you can apply for Workforce units. You may create this account at any time prior to application.

Number of Workforce units available

About the Units:

1. Range, refrigerator, dishwasher, microwave, washer & dryer.
2. 1 parking space.
3. No pets 
4. 12-month leases available.
5. Initial rental term estimated to begin August 2024, depending upon construction completion.
6. First month's rent + security deposit will be due at signing.
7. Security deposit is equal to one month's rent or $1,000, whichever is greater.

Rental rate

Calculation of income

Household income is based on the current income earned by all intended adult occupants of the rental unit at the time of weighted drawing using the current household income to estimate an annual (12-month) income basis. Households must use their current income and may not make changes or adjustments to earnings in order to fit within the income range.

The business income of a qualifying Household is calculated using an average of the last three (3) years of income on the business’ tax returns. A year-to-date profit and loss determination will also calculate business income. If the business has not been operating for three (3) years, the Housing Department will average income over the time the business has been operating.

Please contact the Housing Department if you have any questions or need assistance completing the forms.

**We understand that our applications to enter the weighted drawing take time and effort, and we do not want to disqualify you due to an oversight or misunderstanding about our process. Please bring your applications in prior to the due date so that we have time to work with you, make corrections, and give feedback if anything is wrong.