Habitat for Humanity of the Greater Teton Area Homeownership Program

What is Habitat for Humanity of the Greater Teton Area Homeownership Program?

Habitat for Humanity of the Greater Teton Area Homeownership Program is a first mortgage for homebuyers in Jackson, Wyoming, administered by Habitat for Humanity of the Greater Teton Area.

• Teton Habitat partners with income-qualified families (30%-80% MFI) to build and purchase affordable homes financed with a no-interest (0%) mortgage. Selection is based on need, ability to repay, and willingness to partner; the process takes 18-24 months and requires 300 hours of sweat equity.
• No-interest (0%) mortgage on an affordable home.
• Homebuyer readiness program.

Do you have to pay it back?

Habitat for Humanity of the Greater Teton Area Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity of the Greater Teton Area.

• The assistance is recorded in First position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Habitat for Humanity of the Greater Teton Area Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Habitat for Humanity of the Greater Teton Area Homeownership Program limits household income to 80% of the area median income, which varies by county and household size.

• 30%-80% MFI (Teton County, WY). 2026 4-person range $44,550-$118,800; varies by household size.
• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Habitat for Humanity of the Greater Teton Area Homeownership Program can be used for Single Family.

• New construction is eligible.

Where does it apply?

Habitat for Humanity of the Greater Teton Area Homeownership Program serves buyers purchasing in Jackson, Wyoming.

How do you apply?

Applications for Habitat for Humanity of the Greater Teton Area Homeownership Program go through Habitat for Humanity of the Greater Teton Area, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact Habitat for Humanity of the Greater Teton Area to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.