Town and county set to vote on Pennrose deal for 221 deed-restricted homes
On July 14, Jackson Town Council and the Teton County Commission are scheduled to decide whether to keep moving with Pennrose on the 90 Virginian Lane plan for 221 deed-restricted workforce homes, or end negotiations and wait until 2027.
Jackson Town Council and the Teton County Board of Commissioners are set to vote July 14 on whether to proceed with Pennrose as developer for 90 Virginian Lane, a plan staff describe as 221 permanently deed-restricted homes with a 70% rental and 30% ownership mix. Staff will present two headline paths, moving forward with Pennrose now (with variations including Options 1B and 1C) or terminating negotiations and deferring a new direction until 2027. Special Joint Meeting Agenda Packet
If the boards say yes, the packet frames the decision as a $45 million public investment to support the buildout, and says that partnership would “access over $100 million in private funding” for construction. If they say no, staff warn the likely outcome is delay in delivering deed-restricted homes for local workers and families, plus a harder reset for any future request for proposals. Special Joint Meeting Agenda Packet
Background
As of July 2026, the outcome of the Teton County and Jackson Town Council vote on proceeding with Pennrose for the 90 Virginian Lane affordable housing project is not documented in available sources.
Latest: 2026-07-14 — Teton County Board of Commissioners and Jackson Town Council scheduled a vote on whether to proceed with Pennrose for the 90 Virginian Lane affordable housing project. Outcome not documented.
curated as of 2026-07-10
The Virginian housing plan was paused in 2026 after major public investment, leaving over $28 million in sunk costs and delaying affordable housing in Teton County.
Latest: 2026-06 — Town Council failed to support moving forward; County voted to pause project until at least June 30, 2026.
curated as of 2026-08-05
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 |
|---|---|---|
| July 14, 2026 | Special Joint Meeting Agenda Packet | packet |