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Cheyenne applies for state funds to buy 8.37 acres for new affordable apartments
Summary
The city submitted a request to the Wyoming Business Council to buy 8.37 acres northwest of Converse and Carlson to develop new apartments targeted at households earning $42,000–$58,000; the city’s 25% match equals $725,000 (made up of $500,000 CDBG and $225,000 from Related Digital).
The City of Cheyenne has applied to the Wyoming Business Council for funds to purchase 8.37 acres northwest of the Converse and Carlson intersection to support new affordable rental housing, Dr. Mark Rene said in a November update.
The parcel sits across from recently built apartments north of the…
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