This amendment creates the Wyoming Housing Investment Program, appropriates $20 million from the legislative stabilization reserve account and $100,000 from the general fund to establish and administer the program, and authorizes grants and loans for affordable housing projects.
- Creates a new Wyoming Housing Investment Program to be administered by the Wyoming Community Development Authority, including the establishment of a continuously appropriated Wyoming Housing Investment Account. (Page 84, lines 4-21)
- Appropriates $20 million from the legislative stabilization reserve account to the Wyoming Housing Investment Account for grants and loans. (Page 84, lines 23-25)Agency: Wyoming Community Development Authority · $20,000,000 Legislative Stabilization Reserve Account
- Authorizes grants from the Wyoming Housing Investment Account to nonprofit entities and local government entities for new construction, rehabilitation, transitional housing, first-time homebuyer assistance, and rental vouchers. (Page 84-85, lines 27-16)
- Authorizes loans from the Wyoming Housing Investment Account up to $20 million to Wyoming residents and businesses for new construction and rehabilitation of affordable housing, with interest rates not to exceed the federal funds rate. (Page 85, lines 18-46)
- Appropriates $100,000 from the general fund to the Wyoming Community Development Authority for staff positions to administer the housing investment program. (Page 86, lines 5-15)Agency: Wyoming Community Development Authority · $100,000 General Fund
- Requires the Wyoming Community Development Authority to report annually to the Joint Appropriations Committee on grants, loans, outstanding loan balances, and program recommendations. (Page 86, lines 17-30)
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