Unit 207 Grove Phase 1, 250 Scott Lane

Scott Lane Rendering - July 2014

Unit 207, Grove Phase 1, 250 Scott Lane

1- Bedroom, 1- bathroom, 651 square feet, range, refrigerator, dishwasher, microwave, and washer & dryer, NO PETS ALLOWED

Monthly rental amount - $1,125*/Month – all units have large decks, and storage.  Monthly rental amount includes electricity, water, sewer, and trash.

*Category 3 households will pay an additional $50/monthly rental amount.  First month’s rent and security deposit will be due when signing lease.  Security Deposit amount = one month’s rent.

Floor Plan

Households earning at or below 120% of the median income for Teton County may apply. To be eligible to enter the lottery for this rental, your households gross income (before taxes) must fit into the range listed below:

One Person Household                                $0 to $76,776

Two Person Household                                 $0 to $87,744

Three Person Household                              $0 to $98,712

Four Person Household                               $0 to $109,680

Calculation of Income:

Household income is based on the current income earned by all intended adult occupants of the rental unit at time of lottery entry using the current household income to estimate an annual (12 month) income basis. Households must use their current income and may not make changes or adjustments to earnings in order to fit within category 3 or below.

Business income of a qualifying Household is calculated using an average of the last three (3) years of income on the business’ tax returns. A year to date profit and loss determination will also be used to calculate business income. If the business has not been operating for three (3) years, the Housing Department will average income over the time the business has been operating.

Lottery deadline for this home is Tuesday April 3, 2018 by 4:00 p.m. No late or incomplete entries will be allowed, no exceptions.  If selected first for this unit you will be notified via a phone call all others will be sent an email notice.

Eligibility Requirements:

Please note the policies in affect to enter any lottery. The Housing Department Intake form must be filled out and submitted to enter this or any lottery. If you have not submitted an Intake form prior to the beginning of this lottery you will not be eligible to apply.

A complete Application with an up to date Credit Report must be submitted with your Lottery Entry Sheet, or one must be on file with the Housing Department dated within the last year.

Forms needed to enter this lottery:

Rental Lottery Entry Sheet

Rental Application Checklist

Rental Application

Affordable Rental Guidelines