Jan16

Wyoming CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Wyoming credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Wyoming Capitol.
Jan22

Idaho CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Idaho credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Idaho Capitol.
Jan28

Arizona CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Arizona credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Arizona Capitol.
Feb5

Oregon CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Oregon credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Oregon Capitol.

Brittanie Bonanzino

AVP, Communications

Washington

Alyse Headshot

Alyse Knudsen

Manager, Communications

Oregon

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Housing Discussed at Joint Corporations Committee in Wyoming

Posted by on October 24, 2024

The Joint Corporations, Elections and Political Subdivisions Committee met this week in Cheyenne. Wyoming’s housing challenges were among the topics the Committee discussed.

The Committee considered four housing-related pieces of drafted legislation. One draft bill was aimed at reducing regulatory authority of city, town and county regulations related to building permits, single family residences and natural gas use in residential buildings. After testimony from municipal and county officials this bill died for a lack of a second.

A bill aimed at authorizing $60 million in Wyoming Community Development Authority-bond investment from the Wyoming mineral trust fund was amended to focus the program on providing two percent below prime mortgages rate to Wyoming veterans and first-time home buyers. The program would sunset in 2028. Representative Cody Wylie raised the discussion of credit union participation and wanted to make sure credit unions were eligible to be participants. The statute already allows credit union participation. This bill narrowly passed the committee and will go to the legislative session. It is anticipated the bill will face significant hurdles in the House.

Tax increment financing was the third bill discussed. The draft bill passed the committee after testimony from several municipalities. The bill would amend the Wyoming Urban Renewal Code and expand application of the code to include affordable housing. It would allow municipalities to use the authority under existing code to address slums or blighted areas to provide affordable housing.

The last bill would amend state land statutes to specify state trust lands could be leased for residential purposes and increasing lease term to 99 years on parcels close to municipalities for housing.  The bill died on a tie vote.

This was the final interim committee meeting for Joint Corporations. There are 16 more interim legislative committee meetings between now and the end of the year.

Posted in Advocacy on the Move, Wyoming Advocacy.