Innovation. Collaboration. Stewardship.
“We are thrilled to welcome Van, Deborah, and Ethan to the board. They bring professional and civic experience to the organization and are uniquely passionate about the role of affordable housing in our community,” said Board Chair Berte Hirschfield.
The Housing Trust is a private, non-profit organization dedicated to cultivating a vibrant community through housing. We accomplish our mission through collaboration, innovation and stewardship.
Since 1992, the Housing Trust has developed or acquired 146 homes which have served more than 430 people who provide essential services, preserve natural resources, and ensure Jackson remains the community we know and love.
Collaboration: The 2014 Housing Needs Assessment estimates that 1,200 affordable units are needed to meet the present demand for workforce housing in Teton County. A single organization acting independently cannot address all of the housing issues facing our community. To be successful, we have to leverage the strengths and resources of the public and private sectors.
Innovation: In the face of rapidly rising land costs, the Housing Trust has remained resolute in our search for a more sustainable approach to housing. We are confident we can develop affordable housing with less overhead and lower subsidies if we are willing to invest in new ideas.
Stewardship: The Housing Trust uses a ground lease agreement to ensure political and financial investments in housing are preserved in perpetuity. In the case of affordable ownership housing, the ground lease limits the appreciated value of the home. The lease enables the Housing Trust to protect the affordability of the home for future buyers, while still allowing the homeowner to build equity as the home appreciates.