2.8 Million Dollars Allocated For Affordable Housing In State

Nov 17, 2014

Credit Jordan Cooper via Flickr

Construction of new affordable housing units in Riverton, Casper, and the Wind River Reservation will begin in next few months: courtesy of 2.8 million dollars in new funding for affordable housing recently allocated by the Wyoming Community Development Authority. The federal funds are distributed to developers as an incentive to build units that rent for less than two thirds of market price in the respective counties. Community Development Authority Director Gayle Brownlee says all kinds of people need housing help.

“A lot of these units are serving our service industry people, people that are in law enforcement, fireman or nurses. I think people’s notion of “low income” may not be totally accurate.”

The money will help pay for 94 affordable rental units in all, with half to be built in Casper and about a fourth each in in both Riverton and the Wind River Reservation.