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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.

Last verified Source: Habitat for Humanity of the Greater Teton Area

The program asks for

  • First-time homebuyer — with exceptions: Cannot have owned real estate in the last three years.
  • The home is occupied as a primary residence
  • A completed homebuyer education course
  • Residency: Teton County and surrounding areas
  • Citizenship or immigration status: U.S. Citizen, Lawful Permanent Resident, or DACA recipient with valid SSN and EAD
  • 300 hours sweat equity; $100 good-faith deposit; savings for closing costs; homebuyer education. Intake year-round, financial verification when a unit is available.
  • A home in Teton County

It doesn’t cover

  • Households above 80% of area median income
  • Homes outside Teton County

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Income limit

80% of Teton County’s area median income

HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.

$148,500
Area median income, 4-person household (HUD, 2026)

Where it applies

Teton County’s homes

  • 63% single-family
  • 9.5% townhouse
  • 11.6% 2–4 units
  • 13.7% 5+ units
  • 2.4% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$1.6M

Teton County median home value

32%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in Teton County

How to apply

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  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. 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 homebuyer can take it to a lender or housing counselor.

Questions about this 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 homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: Cannot have owned real estate in the last three years. A homebuyer education course is required. Residency requirement: Teton County and surrounding areas. Citizenship or immigration status: U.S. Citizen, Lawful Permanent Resident, or DACA recipient with valid SSN and EAD. 300 hours sweat equity; $100 good-faith deposit; savings for closing costs; homebuyer education. Intake year-round, financial verification when a unit is available.

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

Program terms are set by Habitat for Humanity of the Greater Teton Area and can change; confirm on the official site before you apply.