Attainable Homes

BackgroundLarge Green Home with Small Trees and Plants in Front

Local leaders established this housing type to target higher income earners and to allow initial home buyers to build homes for themselves. This program is a legacy program that was established prior to the development housing requirements were adopted in the Land Development Regulations. The Housing Department manages the existing Attainable homes, however, there are no more being built.

Purchase Process

Attainable homes do not have a set price, but they do have income and asset categories. The Attainable Categories are 2, 3, and 4. These are not the same as the Affordable Categories. Household income must be below the income limit for the category to qualify. The asset limit is calculated according to each home's restriction. There is no lottery for Attainable homes. Interested buyers will negotiate with the seller on the price and sign a contract contingent on qualifying. Once the home is under contract, the buyers will submit a complete application to the Housing Department to be qualified. Sales prices normally range from $300,000 to $550,000.

Restriction Key Points

  • Must be below income limit for the category
  • Must be below the asset limit
  • No set price or appreciation
  • Homes are listed for sale by owner or realtor
  • Must work full-time in Teton County, Wyoming
  • Must occupy the home at least 9 months out of each calendar year
  • May not rent the home, but may rent a room as long as the home is still occupied by the owner
  • Must be a U.S. Citizen or Lawful Permanent Resident (hold a Green Card)

(Link) Eligibility, Qualifying and Preference