About This Property
Karns Hillside Affordable Housing comprises 24 low-income units in Jackson, Wyoming, with a unit mix of eight 1-bedroom, eight 2-bedroom, and eight 3-bedroom apartments serving families. The property has been in service since 2004 and uses 9% Low-Income Housing Tax Credits (LIHTC) along with HOME funding. The development is managed and provides affordable housing options in Teton County.
Property Details
Fair Market Rent - Teton County, WY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,317 |
| 1 Bedroom | $1,326 |
| 2 Bedroom | $1,742 |
| 3 Bedroom | $2,322 |
| 4 Bedroom | $2,896 |
Income Limits - Teton County, WY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $55,950
- Extremely Low (30%)
- $27,800
- Very Low (50%)
- $46,250
- Low (80%)
- $63,950
- Extremely Low (30%)
- $31,250
- Very Low (50%)
- $52,050
- Low (80%)
- $71,950
- Extremely Low (30%)
- $34,700
- Very Low (50%)
- $57,800
- Low (80%)
- $79,900
- Extremely Low (30%)
- $37,500
- Very Low (50%)
- $62,450
- Low (80%)
- $86,300
- Extremely Low (30%)
- $40,300
- Very Low (50%)
- $67,050
- Low (80%)
- $92,700
- Extremely Low (30%)
- $43,050
- Very Low (50%)
- $71,700
- Low (80%)
- $99,100
- Extremely Low (30%)
- $45,850
- Very Low (50%)
- $76,300
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,300 | $40,500 | $55,950 |
| 2 Persons | $27,800 | $46,250 | $63,950 |
| 3 Persons | $31,250 | $52,050 | $71,950 |
| 4 Persons | $34,700 | $57,800 | $79,900 |
| 5 Persons | $37,500 | $62,450 | $86,300 |
| 6 Persons | $40,300 | $67,050 | $92,700 |
| 7 Persons | $43,050 | $71,700 | $99,100 |
| 8 Persons | $45,850 | $76,300 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Jackson, WY?+
The Fair Market Rent (FMR) for Teton County, WY is: $1317 (Studio), $1326 (1BR), $1742 (2BR), $2322 (3BR), $2896 (4BR). Actual rent at subsidized properties like Karns Hillside Affordable Housing is typically 30% of household income or less.
What size apartments are available at Karns Hillside Affordable Housing?+
Karns Hillside Affordable Housing offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Jackson, WY?+
Based on Fair Market Rent for Teton County, the estimated price range is: 1-bedroom: $1326, 2-bedroom: $1742, 3-bedroom: $2322. Actual rent at Karns Hillside Affordable Housing may be lower for income-eligible households.
What are the income limits for affordable housing in Teton County, WY?+
For a 4-person household in Teton County, WY, the income limits are: Extremely Low Income (30% AMI): $34,700, Very Low Income (50% AMI): $57,800, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Karns Hillside Affordable Housing?+
Karns Hillside Affordable Housing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Karns Hillside Affordable Housing?+
Karns Hillside Affordable Housing is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Karns Hillside Affordable Housing?+
Karns Hillside Affordable Housing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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