HB0001H2116

Withdrawn

Amendment to HB0001 — General government appropriations-2.

Sponsor:

Chamber: House

Stage: 2nd Reading

What does this amendment do?

This amendment adds a new section creating a $10 million Wyoming Housing Investment Program to be administered by the Wyoming Community Development Authority through June 30, 2028.

Creates Section 328 establishing the Wyoming Housing Investment Program with a $10,000,000 appropriation from the legislative stabilization reserve account to the Wyoming Community Development Authority. The program will make loans for housing projects including new construction, rehabilitation, transitional housing, first-time homebuyer assistance, and rental vouchers. Funds must be loaned to nonprofit entities at interest rates not to exceed the federal funds rate, except for municipal loans for studies and planning which carry 0% interest. All repaid loan funds revert to the legislative stabilization reserve account, and no new loans may be issued after July 1, 2028. (Page 141, lines 1-36)

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Budget Sections

This amendment affects supplementary budget provisions. View the amendment text for details.

Roll Call Votes (0)

No roll call votes recorded for this amendment.