Teton County commissioners OK rent increase for employee housing
County commissioners officially agreed Monday to raise rents at the county’s employee housing units up to “fair market rates,” per U.S. Department of Housing and Urban Development standards.
“If we unmoor from fair market rents, it gets into a pretty challenging discussion to really find a consistent handrail we can use year in and year out,” Commissioner Mark Newcomb said.
County Administrator Alyssa Watkins said Teton County rules have dictated that rents should be based on comparable market rates since the county’s worker housing program began in 2008. Commissioners reaffirmed that policy in August 2018.