The Wyoming Community Development Authority board of directors approved the allocation of approximately $1.45 million in low-income housing tax credits and $1.05 million in HOME Investment Partnership Program funds to four affordable housing developments across Wyoming.
The tax credits and HOME funds, which are allocated through a competitive application process, will finance the development of 94 rental units.
The funds will help finance the following affordable housing developments:
- Copper Mountain Apartments in Riverton, submitted by Wyoming Housing Network and Blue Line Development, will receive tax credit funding for a new 12-unit new construction project;
- Wolf Creek Apartments in Riverton, submitted by Wyoming Housing Network and Blue Line Development, will receive tax credit and Tax Credit Assistance Program funding for a new 12-unit seniors housing project;
- Tigee Village, submitted by Eastern Shoshone Housing Authority, will receive tax credit funding for a new 20-unit affordable housing project on the Wind River Reservation; and
- CentrePoint, submitted by Casper Housing Authority and Blue Line Development, will receive tax credit and HOME funds for the rehabilitation of a 50-unit affordable housing project.
