Idaho’s LEAP Housing to develop affordable housing units in Teton County

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  Published astatine 2:00 pm, August 1, 2024

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Mia Maldonado, Idaho Capital Sun

ellison 20230517 07362 LEAP Housing is partnering pinch Teton County-based lodging group, Sustainable Trades + Housing Partners. |Courtesy of Julie Ellison

DRIGGS (Idaho Capital Sun) — LEAP lodging is creating affordable lodging units successful Teton County, and those willing successful buying and building their ain location tin use to nan programme now.

LEAP Housing is an Idaho-based nonprofit whose ngo is to create and sphere affordable lodging while providing services to summation lodging stability. It has collaborated pinch groups successful Boise, Nampa and Mountain Home to build affordable housing. For nan first time, nan nonprofit is making its measurement to eastbound Idaho.

The nonprofit is partnering pinch Sustainable Trades + Housing Partners, an affordable lodging statement based successful Driggs, to build a lodging organization of 8 homes successful Victor.

The action process for homeowners will statesman immediately, and willing individuals tin use connected nan LEAP Housing website.

Who qualifies for affordable lodging units done LEAP Housing?

Applicants must meet income requirements. Only income-qualified homebuyers astatine aliases beneath 80% of nan area median income are eligible for nan program. For example, a family of 4 making $68,300 aliases little would suffice for nan homeownership opportunity.

According to LEAP Housing, nan buyers are nan builders, meaning those participating successful nan programme will build their ain homes done nan U.S. Department of Agriculture’s Mutual Self Help Program. The national programme brings below-market complaint liking loans to location buyers and credits them pinch nan sweat equity contributed straight to nan project.

This is nan first USDA Mutual Self-Help programme task LEAP is moving on, LEAP Housing plus head Becca Mathias told nan Sun.

Teton Region autochthonal Lindsey Love leads Sustainable Trades + Housing Partners and will nonstop and train each homeowner connected building nan homes.

“The improvement is simply a beacon of dream for galore successful nan organization who person struggled pinch lodging affordability,” Love said successful a property release. “These homes will not only supply lodging stableness successful our organization but will besides empower residents by involving them straight successful nan building process. By building their ain homes, early homeowners will summation valuable skills and a consciousness of ownership and pridefulness successful their community.”

LEAP Housing will oversee nan improvement of nan affordable lodging community. They will guideline and support homebuyers during nan building process.

Bart Cochran, CEO of LEAP Housing, said this task is simply a important measurement guardant for Victor and Teton County.

“We are committed to providing affordable lodging solutions that are some sustainable and community-driven,” Cochran said successful a property release. “These homes correspond our dedication to innovative, eco-friendly building practices and nan empowerment of residents passim nan authorities of Idaho.”

Cochran said this lodging exemplary is collaborative, and it serves to animate different communities to reside nan affordable lodging situation pinch innovative and sustainable solutions.

“Through partnerships, endurance, and unused backing pools, it is imaginable to create affordable lodging successful edifice and agrarian communities passim Idaho,” he said.

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