Employment Based Homes

BackgroundWooden Homes Front Door

Employment-based housing exists in Town and Teton Village. This type of housing targets higher income earners who are still unable to afford a market home and provides some diversity in our programs.

Applying for an Employment-based home requires 2 years of working full time in Teton County, WY, employment by a local business full time, and earning 75% of your income locally. You need to continue your local full time employment and earn 75% of your income from a local business for as long as you live in the home. You may continue to own the home if you retire as long as you are 62 years old and reside in the home full time. These homes typically sell between $180,000 to $490,000.

Restriction Key Points

  • No Income limit
  • May not own residential real estate within 150 miles of Teton County, Wyoming
  • 75% of total household's income must be earned from a local business at time of purchase and during ownership
  • No income or asset categories
  • Appreciation is limited
  • Lottery sales process
  • Must work full-time in Teton County, Wyoming
  • Must have worked full-time in Teton County, Wyoming to be eligible
  • Must occupy the home 10 months out of each calendar year
  • Must be a U.S. Citizen or Lawful Permanent Resident (Green Card)
  • May not rent the home or a room
  • May not own residential real estate within 150 miles of Teton County, Wyoming.

Employment-based Lottery

The employment based lottery is a point system. A household gets a point for each year one person worked full-time in Teton County (years cannot be combined) up to five years (five points). The household will also receive a point if they have a Qualified Critical Services Provider with a maximum of two points if there are two Critical Services Providers in the household. There are seven points maximum. To be eligible to enter an Employment-based lottery, a minimum of two years working full-time in Teton County for a local business immediately prior to entering a lottery is required. For three-bedroom homes, households with three or more persons receive priority over households with less than three persons. All adults and children who will be residing in the home need to be counted. Children are counted when they are able to be claimed as dependents on taxes. Household size is determined at the time of lottery entry.

Employment-based Lottery Preferences for a 3-bedroom home

First Preference Group
3 or more person household with 7 points
Second Preference Group
3 or more person household with 6 points
Third Preference Group
3 or more person household with 5 points
Fourth Preference Group
3 or more person household with 4 points
Fifth Preference Group
3 or more person household with 3 points
Sixth Preference Group
3 or more person household with 2 points
Seventh Preference Group
1 or 2 person household with 7 points
Eighth Preference Group
1 or 2 person household with 6 points
Ninth Preference Group
1 or 2 person household with 5 points
Tenth Preference Group
1 or 2 person household with 4 points
Eleventh Preference Group
1 or 2 person household with 3 points
Twelfth Preference Group
1 or 2 person household with 2 points

Employment-based Lottery Preferences for a 1 or 2-bedroom home

First Preference Group
7 points
Second Preference Group
6 points
Third Preference Group
5 points
Fourth Preference Group
4 points
Fifth Preference Group
3 points
Sixth Preference Group
2 points

Each preference group will have their own bucket. The first preference group will be drawn first and placed on a list in the order they were drawn. Then the second preference group will be drawn and placed on the list in the order they were drawn. This continues until all preference groups have been drawn and placed on the list. The first household on the list will be offered the home first. If they don't qualify or turn it down, the second household on the list will be offered the home and so on until a Qualified Household who wishes to purchase the home is identified.

(Link) Employment Based FAQs


(Link) Eligibility, Qualifying, and Preference