085-3 Wyo. Code R. § 3-6

Current through April 27, 2019
Section 3-6 - Project Categories

(a) The community development program has four project categories that applicants may apply under. There are:

  • (i) Removal of architectural barriers that restrict the mobility and accessibility of elderly and handicapped persons to existing publicly-owned buildings, facilities and improvements. Preference will be given to building, facilities and improvements that are directly accessed and used by the public;
  • (ii) Construction, rehabilitation, reconstruction, or installation of public infrastructure such as water and sewer lines and systems, streets, curbs, gutters, and sidewalks. This does not include centers for the elderly, handicapped or developmentally disabled. These projects are to be submitted under the other eligible activities category;
  • (iii) Homeownership Assistance which may be used to subsidized interest rates and mortgage principle amounts, finance the acquisition of owner-occupied primary residences, provide down-payment assistance or pay reasonable closing costs normally associated with the purchase of a home for low and moderate income homebuyers;
  • (iv) Section 108 loans where the use of funds is justified through the benefit of persons of low to moderate income through some community development purpose versus job creation. See Chapter 2, Section 9;
  • (v) All other eligible activities as described in Chapter 1, Section 4. Eligible Activities.

(b) Projects will be ranked against one another within each project category. The amount of funds allocated to each project category will be determined based on the dollar amount requested in each category compared to the total dollar amount requested by all grant proposals, with the resulting percentage applied to the funds allocated to the community development portion of the program. For example, if the dollar amount requested under all other eligible activities category represents twenty-five percent (25%) of all funds requested under the community development portion of the program, then twenty-five percent (25%) of all community development funds will be allocated to that project category. Only eligible projects will be considered when making this determination. At the time of final approval, the Wyoming Business Council may reallocate funds to another project category in order to fully fund a proposal.

085-3 Wyo. Code R. § 3-6