(a) These rules and regulations describe policies for the Wyoming Community Development Block Grant Program (CDBG) that was assumed by the state of Wyoming from the Department of Housing and Urban Development beginning with the Fiscal 1982 program. Rulemaking for this program is the responsibility of the Wyoming Business Council as authorized by W.S. 9-12-104(a)(iv) and W.S. 9-1-216. The Wyoming Business Council will utilize these regulations to select and approve qualified community development grants, homeownership assistance, planning only grants, technical assistance, job training, downtown development, infrastructure applicants, convertible loans, section 108 loans, and float loans. Seventy percent (70%) of CDBG funds shall be used for the benefit of low to moderate income persons.
085-1 Wyo. Code R. § 1-1