County commissioners ratify ending Pennrose talks on 90 Virginian Lane
Commissioners are set to approve July 14 minutes documenting a 3-2 vote to direct the Housing Authority Board to terminate negotiations with Pennrose LLC for the 221-home, deed-restricted 90 Virginian Lane workforce housing project.
County commissioners will be asked Monday to approve minutes that record a 3-2 vote directing the Housing Authority Board to terminate negotiations with Pennrose LLC for the 90 Virginian Lane affordable workforce housing development, a project pitched at 221 deed-restricted homes (161 rentals, 60 ownership) with about $45 million in public investment. If the board approves the minutes, it is essentially locking in that July 14 direction unless commissioners bring back a new motion to restart talks. Joint meeting minutes
The July 14 staff packet framed the decision as a choice between moving forward with Pennrose in 2026 or waiting until 2027 to revisit options like a new request for proposals or even selling the land. Staff recommended proceeding with Pennrose, citing the project’s ability to leverage over $100 million in private financing and deliver the homes within the next couple of years. 90 Virginian Lane agenda packet
Background
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
On July 14, 2026, the Jackson Town Council rejected and Teton County paused action on the 90 Virginian Lane housing project with Pennrose; no final approval was given.
Latest: 2026-07-14 — Jackson Town Council voted 1-4 against proceeding with Pennrose; Teton County voted 5-0 to pause project documents and 3-2 to seek a white paper on impact investing. No final approval granted.
curated as of 2026-07-11
Source Documents
| Date | Title | Type |
|---|---|---|
| August 3, 2026 | Joint Meeting Minutes | minutes |
| July 14, 2026 | 90 Virginian Lane Affordable Workforce Housing Development Agenda Packet | packet |