Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Grants topic
No spam. Unsubscribe anytime.
Council approves $1.2M state unmet‑housing grant application for S4 Flats land acquisition
Summary
Housing staff asked council to authorize submission of a $1,200,000 unmet housing grant application to the Wyoming Office of State Lands and Investments to reimburse land costs for the S4 Flats affordable workforce housing project; council approved the resolution unanimously.
Housing staff presented a draft application to the Wyoming Office of State Lands and Investments seeking $1,200,000 from the office’s unmet housing grant appropriation to reimburse land acquisition costs for the S4 Flats affordable workforce housing development.
Kristy Malone said the grant application consolidates the town’s prior plan to apply for two opportunities into one application for S4 Flats to strengthen competitiveness. Malone noted the grant can reimburse already acquired land and that if awarded, the town could choose how to redeploy or reinvest the funds (for the S4 project, buy‑down of affordability or other housing opportunities). The S4 Flats project uses building plans for 13 units in the application, though staff flagged that council will consider a ground‑lease amendment Feb. 2 that could change unit counts.
Council moved to approve the resolution authorizing submission of the application; the motion was seconded and the resolution passed unanimously. Councilors asked about the state’s selection criteria and how an award would affect town financing; staff said they expect the town meets minimum standards but ultimate awards are at the state board’s discretion and that an award would reduce the town’s share of project costs and could be reinvested to increase affordability.
