Individuals and households who have lived or worked in Teton County, Wyoming, for at least one year can apply for deposit assistance once between January and December of a given calendar year. Because one deposit assistance application per calendar year will be considered, applications must be for housing leases for a minimum of one year. Seasonal leases or leases that are for less than 12 months do not qualify for the program. 

With the intent of supporting the stability of the local workforce, deposit assistance will be considered only for rental housing in Teton County, Wyoming; Lincoln County, Wyoming; or Teton County, Idaho. 

The First/Last/Deposit program is designed for households at or below 80% of Median Family Income (MFI). However, we will consider extenuating circumstances. If you have a question about your eligibility, please contact us.

First/Last/Deposit Income Scale
Income ranges effective June 15, 2024

If your gross income was at, or below, this amount last month, you may be eligible

MFI is calculated by the U.S. Department of Housing and Urban Development (HUD) each year based on actual data for Teton County, Wyoming. One22 uses current MFI guidelines from the Jackson/Teton County Affordable Housing Department.

We understand how quickly one must act to secure a housing opportunity that arises. If you have applied for or have identified an eligible rental housing option, please call us at (307) 739-4500 so that we can help you assemble documents and move the First/Last/Deposit assistance process forward within necessary timelines. This assistance does not cover reimbursements; for example, reimbursement for a deposit that has already been paid.

1. Submit a financial assistance request online and attach:
   • A copy of your lease or a statement of current rent
   • A copy of your new lease
   • Paystub(s) documenting earnings for all wage earners in the household in the last 60 days
   • Other income received in the last 60 days such as Social Security, pension or retirement, public assistance, child support, unemployment benefit statement and any other relevant income; and/or
   • W2s for all household wage earners for the past year; and/or
   • Tax return from the past year
2. Meet in-person with a Client Services Coordinator: This will help with understanding the total costs to secure and move into the new rental and the timeframe needed to secure the housing opportunity. We will also discuss the financial viability of your household to afford the rent for the term of the lease by reviewing an income and expense sheet.

Requests are accepted on a rolling basis. We do our best to satisfy the timing of a deposit, but please note that once an application is complete, it may still take five to seven business days for a check to be issued. We can provide a letter of commitment of your assistance in advance of the check that you can share with your prospective landlord, if necessary. If you are currently looking for a new housing opportunity and know you may need help with the deposit, you must pre-apply for this program in advance of securing a unit.

The assistance may cover standard costs to secure a new rental — first and last month’s rent and security deposit. It may also cover assistance with rental application fees, move-in and other relocation costs. Applicants should be prepared to cover a portion of the total costs. We will gather information about your specific situation and need during the in-person meeting with a Client Services Coordinator.

The purpose of deposit assistance is to support individuals and households who have lived and/or worked in Teton County, Wyoming for at least a year in securing healthier, more stable and affordable housing. Decisions are generally made based on income, need and improvements in the housing situation. Some examples include: 

• The opportunity provides stable and secure shelter for the community member and/or member of our workforce;
• The opportunity provides increased health and safety. For example, decreased housing overcrowding; improved heating and ventilation, food storage and cooking, sanitation and bathing facilities;
• The opportunity improves household finances and the cost burden of rent. 

Special consideration is given to single-parent households and people in need of individualized support.

Yes. We see the potential to decrease the need for financial assistance when households secure healthier, more stable and affordable housing. Our Client Services team members will call recipients of deposit assistance a month or two after settling into the new rental housing to help your household connect to other resources or financial empowerment opportunities to support your continued success.

Please call our office at (307) 739-4500; a member of our Client Services team will be glad to assist you.