Help support housing investment in Wyoming's Future

The Wyoming Housing Investment Alliance is a coalition of organizations, governmental organizations, housing stakeholders, nonprofits and others who support the Investment in Wyoming Housing Act (the Act), expected to be a Senate File Bill in the 2026 legislative session, understand how important and vital workforce and affordable housing is to our state, and know this Act would greatly benefit and improve our state. 

The Basics

• The Act proposes to create a flexible and adaptable Wyoming housing revolving loan program to support local housing needs now and into the future

• The program would provide low-interest and zero-interest loans to local governments, housing authorities, and nonprofit entities

• Wyoming is currently one of only two states without such a housing program leaving us without funds to support Wyoming solutions to our housing shortage/challenges

• The Act proposes that the Wyoming Community Development Authority (WCDA) administers this statewide program

• Initial funding of $30 million would be transferred from the strategic investments and projects account (or legislative stabilization reserve account if needed)

• Provides Wyoming Control and Wyoming Solutions

Key Benefits

• Two-Tier Loan Structure:

• Up to 80% of funds available for construction, rehabilitation, and land acquisition with interest rates not exceeding the federal funds rate

• Up to 20% of funds available for planning and predevelopment expenses at 0% interest

• State-Specific Solutions: Can be structured to serve populations that federal housing resources cannot reach

• Missing Middle Housing Focus: Enables targeting workforce housing needs while federal resources serve lower-income households

• Revolving Fund Model: Loan repayments are deposited back into the account, creating a sustainable, long-term funding source

• Versatile Applications: Can be used for various critical needs like land acquisition and construction costs, and rehabilitation

• Gives state control over how the funds are managed and awarded: 

Strategic Advantages

• Economic Development: Helps Wyoming attract new employers and businesses by addressing housing shortages

• Essential Worker Retention: Supports housing for teachers, firefighters, healthcare providers, and other essential workers

• Flexibility for Communities: Local governments, housing authorities, and nonprofits can apply based on their specific needs

• Customizable Solutions: Communities can tailor funds to their specific housing challenges

Implementation Examples

• Communities can address their unique housing priorities while advancing state economic goals:

• One locality might focus on home rehabilitation for hardworking, essential workers and/or elderly households using low-interest loans

• Another might utilize zero-interest planning loans to develop comprehensive housing strategies before applying for construction funding

  Let's build a strong Wyoming together!