5 developers seek to build Mercill housing

A new affordable housing project is giving county commissioners five choices for what to build at 105 Mercill Ave.

Five developers answered the call for designs to build a minimum of 22 units on the property next to the Children’s Learning Center. From offering a home to the displaced Jackson Hole Children’s Museum to placing restaurant space on the ground floor, each embraces a different vision for the parcel’s future.

This marks the third recent attempt by elected officials to solicit housing proposals. So far, Mercill has attracted the most options. Previous requests attracted four developers for 174 N. King St. and three for 440 W. Kelly Ave. Jackson/Teton County Affordable Housing Department Director April Norton said she was delighted with the number and quality of responses this go-around.

“What we’ve seen through the evolution of the request for proposals process is we’re getting better, more complete responses with each RFP we do,” Norton said.

This time around, for example, developers were asked to submit references and letters of interest from bank lenders.

Of all the proposals, the nonprofit Jackson Hole Community Housing Trust is proposing the most income-restricted units: 13 of 24 total. It proposes to finance the project using private philanthropy as well as selling four rights of first purchase to community employers.

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Posted by Stefani
May 29, 2019