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Tue November 21, 2006
Lawmakers Acting on Affordable Housing
Laramie, Wy – An interim legislative committee is working on a bill that would create a fund to help develop affordable housing.
A subcommittee of the Joint Interim Committee on Minerals, Business and Economic Development met yesterday (Monday) via teleconference.
Lawmakers gave preliminary approval to the bill, which might eventually create a 30-million-dollar fund to help build the infrastructure necessary for affordable housing.
Representative Doug Samuelson of Cheyenne says Wyoming needs to develop more housing options in order to keep attracting new businesses.
The problem is it can cost 20-thousand dollars per lot just to build the roads and water and sewer lines necessary for housing. That makes it difficult to build housing that low-income buyers can afford.
The bill would help offset those costs.
Casper Representative Tom Lockhart is chairman of the committee. He says the idea already has widespread support.