A 100% deed-restricted housing project is in the works on the block south of Snake River Brewing on Hansen Avenue, and the goal is to get the ball rolling near the end of the year.
“It’s sort of this tremendous unicorn opportunity. It’s very rare that something like this happens,” said April Norton, director of the Jackson/Teton County Housing Department. “It’s a great opportunity for us to partner with a philanthropic partner. It’s also a great opportunity for us to create really quality, durable affordable housing that can be a model for other projects.”
The all-apartment rental project, still in early stages, is tentatively dubbed the Red House Apartments.
It’s been in the works since at least 2017, when it first appeared on the Housing Supply Plan. It jumped from four to 10 lots as the Cumming Family Foundation came on board. Ian Cumming, a financier who moved to Jackson Hole in the ’90s, owned Park City and Snowbird resorts and was a major donor to the Utah Democratic Party, according to the Salt Lake Tribune. He was working on the project before he died in 2018.
His family has since picked up the mantle.
Cumming “recognized the need for housing within the community all along,” said Patrick Egbert, who manages the family’s real estate and will be working on the Red House project. “His wife and his two sons wanted to see their vision, his vision, come to fruition.”
Read more about the proposal in the News&Guide that's on stands through Tuesday, or online at JHNewsAndGuide.com.