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City council raises alarm over shell corporation housing project

October 16, 2024 | Laramie City Council, Laramie City, Albany County, Wyoming


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City council raises alarm over shell corporation housing project
During a recent Laramie City Council meeting, public comment highlighted concerns regarding a low-income housing tax credit project. A resident, Mr. Glass, addressed the council to clarify inaccuracies from his previous remarks about the developer, Happy Homes Capital Corporation, LLC. He revealed that the company, which is seeking federal support for its project, has no employees and minimal financial activity, raising alarms about its legitimacy. Glass urged the council to conduct thorough due diligence on developers to ensure that affordable housing initiatives are backed by credible entities rather than potentially fraudulent operations.

Following public comments, the council made several adjustments to the meeting agenda. The vice mayor proposed the removal of one item and the addition of a work session focused on the implementation of a budget transparency initiative, scheduled for October 22, 2024. Another item added was a request for a temporary retail liquor license for Albany Lodge for an upcoming event. Both changes were unanimously approved by the council.

The meeting also included a proclamation for Disability Employment Awareness Month, recognizing the rights of individuals with disabilities to work and participate fully in society. Mayor Brian Harrington emphasized the importance of raising awareness about employment issues faced by disabled individuals and encouraged community involvement in the observance of the month.

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