Section 16-4 - Disadvantaged Community Eligibility (a) OSLI shall determine if an applicant is disadvantaged by awarding points based on population trend, income data, and unemployment data. Applicants whose total points are six (6) or greater are eligible for Special Program Incentives of up to seventy-five percent (75%) of their loan amount. Applicants whose total points are between four (4) and five (5) are eligible for Special Program Incentives of up to fifty percent (50%) of their loan amount. Applicants whose total points are between two (2) and three (3) are eligible for Special Program Incentives of up to twenty-five percent (25%) of their loan amount. Applicants whose total points are less than two (2) are not considered disadvantaged and are not eligible for Special Program Incentives. - (i) Population trend points are awarded based on the category that the applicant was in as of the last decennial census (or other available population data acceptable to OSLI if decennial census data is not available). If an applicant can show population trend data demonstrating that it has likely dropped to a smaller category since the last decennial census, its points may be adjusted up accordingly.
- (A) Applicants whose population is five hundred (500) or less will receive three (3) points.
- (B) Applicants whose population is between five hundred one (501) and three thousand, three hundred (3,300) will receive two (2) points.
- (C) Applicants whose population is between three thousand, three hundred one (3,301) and ten thousand (10,000) will receive one (1) point.
- (D) Applicants whose population is ten thousand, one (10,001) or greater will receive zero (0) points.
- (ii) Income data points are awarded based on ratio of the local annual median household income (AMHI) to the State AMHI, using data from the most recently released American Community Survey 5-year estimates. If no data directly corresponding to the applicant is available, the county AMHI will be used as the default. The applicant may provide alternate data acceptable to OSLI, such as an income survey, at the applicant's expense and in lieu of American Community Survey 5-year estimates.
- (A) Applicants whose AMHI is less than sixty percent (60%) will receive five (5) points.
- (B) Applicants whose AMHI is sixty percent (60%) or greater, but less than seventy percent (70%) will receive four (4) points.
- (C) Applicants whose AMHI is seventy percent (70%) or greater, but less than eighty percent (80%) will receive three (3) points.
- (D) Applicants whose AMHI is eighty percent (80%) or greater, but less than ninety percent (90%) will receive two (2) points.
- (E) Applicants whose AMHI is ninety percent (90%) or greater, but less than one hundred ten percent (110%) will receive one (1) point.
- (F) Applicants whose AMHI is one hundred ten percent (110%) or greater will receive zero (0) points.
- (iii) Unemployment data points are awarded based on the relationship of the local unemployment rate to the state unemployment rate. Local and state unemployment rates shall be determined using the most recent quarter by county as published by the Wyoming Department of Workforce Services.
- (A) Applicants whose unemployment rate is equal to or greater than the state rate will receive one (1) point.
- (B) Applicants whose unemployment rate is less than the state rate will receive zero (0) points.
060-16 Wyo. Code R. § 16-4