QWHIP for Community Members
If you work in Teton Valley, Idaho or Alta, Wyoming, you may qualify for these below-market homes.
What is Qualified Workforce Housing?
Below-market homes produced through the QWHIP program are reserved for local workers and kept affordable through a deed restriction that limits resale price or rent. They are built alongside market-rate homes with the same general quality and design.
Who Can Qualify?
You may qualify if:
- You work for, or are retired from, a qualified employer in Teton Valley, Idaho or Alta, Wyoming, or you are unable to work due to disability
- Your household income falls below the threshold established in the program guidelines, currently 200% AMI - based on HUD AMI data, updated annually
- The home will be your primary residence and you do not own other residential real estate in the area
Homes will be priced as follows:
- Rental units: priced to be affordable to those earning 80% AMI
- Ownership units: priced to be affordable to those earning 120% AMI
Public Service Employee preference
The City of Driggs and Teton Valley Housing recognize that there is a severe lack of housing for public service employees in Teton Valley, which ultimately harms the entire community. In order to help address this issue, preference for QWHIP units will be given to anyone whose employer pays into the Public Employment Retirement System of Idaho (PERSI), such as schools, hospitals, law enforcement agencies, and municipalities.