Jackson Town Council and Teton County to Discuss 90 Virginian Lane Affordable Workforce Housing Project Updates

Key Developments in Jackson Hole’s Ongoing Affordable Housing Initiative at Virginian Lane

The Jackson Town Council and Teton County Board of Commissioners are preparing for their joint monthly meeting on December 1st to address critical next steps for the 90 Virginian Lane affordable workforce housing project. This session highlights ongoing efforts to tackle housing challenges in Jackson Hole, including deadline extensions and funding strategies for the high-density residential development.

Background on the 90 Virginian Lane Site and Project History

The 5.15-acre town-owned site at 90 Virginian Lane is zoned for high-density residential development and has been the focus of 19 meetings so far. As a public-private partnership with developer Pennrose, the project aims to create 36 affordable workforce housing units, with 13 specifically allocated for Bridger-Teton National Forest employees. The initiative has seen significant investment, including 28 million dollars for land acquisition and an additional 10 million dollars committed by the town and county. Income from the on-site RV park lease generated 500 thousand dollars for 2025 operations, which has partially funded design work.

For earlier updates on this site, check our previous coverage: Town and Teton County Consider Next Step at 90 Virginian Lane.

Agenda Items for the December 1st Joint Meeting

During the meeting, staff will seek direction on extending the development agreement deadline from December 31st to March 31st, 2026. They also propose authorizing the Housing Authority to hire experts for negotiating agreements and securing financing with Pennrose. The schematic design is complete, but a funding gap remains—though the exact amount isn’t detailed in the latest report. Pennrose has suggested further cost reductions and exploring new sources, such as expanded grants or employer contributions. Staff estimate hundreds of hours have already been invested in the project.

Related discussions can be found in our report on RV Park Housing Decision Expected Monday.

Funding Challenges and Proposed Solutions

While the total projected cost for the 90 Virginian Lane project is not disclosed, the funding gap persists as a key hurdle. Efforts to bridge this include Pennrose’s proposals for cost-cutting measures and additional funding avenues like grants or contributions from employers. The project’s financial foundation includes the substantial land and contribution investments, supported by operational income from the RV park.

Alignment with Jackson Hole’s Comprehensive Plan and Public Involvement

This affordable workforce housing effort aligns with the Comprehensive Plan by promoting concentrated growth in complete neighborhoods, reducing emissions, and aiming to house 65 percent of the local workforce within the community. The December 1st session is open for public comment, encouraging community input on these vital housing developments.

For more on similar initiatives, see Teton County and Jackson Town Council Approve Ground Lease Agreement for 90 Virginian Lane.

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