Expands Wyoming Urban Renewal Code to include affordable housing, slum, and blighted area redevelopment.

The bill amends the Wyoming Urban Renewal Code to include affordable housing, slum, and blighted area redevelopment. It defines "affordable housing" as housing where the total gross household income of the occupant does not exceed 120% of the median gross household income for the county. The bill allows municipalities to formulate workable programs for utilizing resources to provide affordable housing and prevent the spread of slums and blight. It also allows municipalities to acquire property by eminent domain for urban renewal projects, provided the area is deemed appropriate.

Expands Wyoming Urban Renewal Code to include affordable housing, slum, and blighted area redevelopment.

The bill amends the Wyoming Urban Renewal Code to include affordable housing, slum, and blighted area redevelopment. It defines "affordable housing" as housing where the total gross household income of the occupant does not exceed 120% of the median gross household income for the county. The bill allows municipalities to formulate workable programs for utilizing resources to provide affordable housing and prevent the spread of slums and blight. It also allows municipalities to acquire property by eminent domain for urban renewal projects, provided the area is deemed appropriate.