Jackson council to weigh more 80 to 160% income homes at 90 Virginian Lane
On June 15, the Town Council will consider “Option 1C” for 90 Virginian Lane, keeping 221 homes but shifting more units into 80 to 160% of area median income, with $5 million total public investment split $4M rental and $1M ownership.
Jackson’s Town Council is set to consider a new affordability mix for the 221-home 90 Virginian Lane development, a shift that would trade some unrestricted “workforce” units for more deed-restricted homes aimed at households earning 80 to 160% of median income, while keeping the overall project size the same agenda.
Staff is recommending “Option 1C,” which keeps the project at 70% rental (161 apartments) and 30% ownership (60 condos), with weighted affordability dropping to 123% median income for rentals and 145% for ownership. The public subsidy would remain $5 million total, but reallocated to $4 million for the rental project and $1 million for the for-sale side, as Council decides whether to direct staff to prepare the full development agreement package and take the same direction back to the county for a joint vote later this summer agenda packet.
Background
On June 15, 2026, the Council will consider a new affordability mix for 90 Virginian Lane, increasing affordability for middle-income households while keeping public investment at $5M and maintaining the 221-unit, 70% rental/30% ownership split.
Latest: 2026-06-15 — Council to consider Option 1C: same unit count and split, but with increased affordability (123% MFI rental, 145% MFI ownership), more homes for 80–160% MFI, and revised public funding allocation.
curated as of 2026-06-13
The Virginian Lodge Apartments project proposes 32 units at 750 W Broadway, with a Town Council public hearing set for July 20, 2026. No full project budget is public; only a $124,027.08 affordable housing fee is specified. Key milestones and stakeholders are documented.
Latest: 2026-07-20 — Town Council public hearing and possible action scheduled.
curated as of 2026-07-14
The Virginian Lane Workforce Housing project proposes 221 deed-restricted homes in Jackson, with $45M public funding and $100M+ private investment, targeting a 2026 groundbreaking and 2028 completion.
Latest: 2028 — Expected availability of Phase 1 homes for local workforce.
curated as of 2026-07-11
Source Documents
| Date | Title | Type |
|---|---|---|
| June 15, 2026 | Town Council Regular Meeting Agenda | agenda |
| June 15, 2026 | Town Council Regular Meeting Agenda Packet | packet |