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Since 1975, Wyoming Community Development Authority (WCDA) has been making it easier for people across Wyoming to finance their first home.
We provide low-interest single family mortgages and education to help our customers buy and retain their homes. We also offer special programs to aid in the sustainability of homeownership from our down payment assistance program, to homebuyer education and counseling, to our partnerships with developers and our work with non-profit community organizations, WCDA is the state’s leading resource for housing finance.
In 1975, the WCDA was created by state statute, as an instrumentality of the state, for the purpose of raising capital to finance affordable housing. WCDA receives no state funding. WCDA’s largest housing program is the Single Family Mortgage Purchase Program for first-time homebuyers. In order to fund this program, WCDA raises capital by selling tax-exempt mortgage revenue bonds to investors. Since the interest on the bonds is tax exempt, the investors accept a lower rate of return. The savings is passed through to homebuyers in the form of lower interest rates on mortgages.
In 2012, WCDA began offering additional financing programs for homebuyers by taking advantage of special mortgage purchase programs offered through the federal government for Housing Finance Agencies (HFAs). These programs are called the HFA Preferred Programs and are not limited to first-time homebuyers.
In addition to its single family programs, WCDA currently administers three major affordable rental housing development programs; the Low-income Housing Tax Credit (LIHTC) Program, the National Housing Trust Fund (NHTF), and the HOME Investment Partnerships Program (HOME). These three federal programs have funded more than 5,000 units of affordable rental housing across the state.
From time to time, WCDA may administer other special housing programs on behalf of the state. Most recently, WCDA allocated more than $38.8 million in federal stimulus funds to affordable housing under the Neighborhood Stabilization Program (NSP), the Tax Credit Exchange Program and the Tax Credit Assistance Program.
Michael Martin
Chairman
Cheyenne
Susan Anderson
Vice Chairman
Casper
Pat Thomas
Secretary/Treasurer
Casper
Honorable Mark Gordon
State Governor
Cheyenne
Honorable Curt Meier
State Treasurer
Cheyenne
Pete Illoway
Cheyenne
Kendra Heimbuck
Sheridan
Doug Chamberlain
LaGrange
David Caplan
Sweetwater
Scott Hoversland
WCDA Executive Director
Casper
The Board of Directors of the Wyoming Community Development Authority (WCDA) will hold meetings beginning at 1:00 pm on Wednesday, May 24th, 2023 and continuing at 8:30 am on Thursday, May 25th. The Wednesday meeting will be a regular Board Work Session. The Thursday meeting will be a regular Board Meeting.
The purpose of the meeting is to discuss general business of the Authority. An agenda is available at the offices of WCDA at 155 N. Beech, Casper, WY 82601.
The WCDA Board of Directors meets every other month (six times per year). Meetings typically begin at 8:30 a.m. The first meeting of 2023 is in January.
The WCDA Board of Directors conducts a work session every other month (six times per year) on the Wednesday preceding the scheduled Board meeting. Meetings begin at 1:00 p.m. with a meal just prior to the start of the work session. The first meeting of 2022 is in January.
The WCDA Board of Directors conducts a conference call every other month (six times per year). Conference calls begin at 8:00 a.m. The first conference call of 2022 is in February.
2023 WCDA Board of Directors Meeting Calendar
January 25, 2023 Board of Directors Work Session, Casper
January 26, 2023 Board of Directors Meeting, Casper
February 23, 2023 Board of Directors Conference Call
March 22, 2023 Board of Directors Work Session, Casper
March 23, 2023 Board of Directors Meeting, Casper
April 27, 2023 Board of Directors Conference Call
May 24, 2023 Board of Directors Work Session, Casper
Review of 1st Draft Budget & 2023-2024 Strategic Plan
May 25, 2023 Board of Directors Meeting, Casper
June 22, 2023 Board of Directors Conference Call
Approval of 2023-2024 Budget
July 19, 2023 Board of Directors Work Session, Casper
July 20, 2023 Board of Directors Meeting, Casper
August 24, 2023 Board of Directors Conference Call
September 26, 2023 Board of Directors Annual Work Session – TBD
September 27, 2023 Board of Directors Annual Meeting – TBD
October 26, 2023 Board of Directors Conference Call
November 29, 2023 Board of Directors Work Session, Casper
November 30, 2023 Board of Directors Meeting, Casper
December 21, 2023 Board of Directors Conference Call
*Board meeting dates are subject to change.
To help our fellow Wyoming citizens attain quality and affordable housing.
Our vision is to be a leader in bringing economic and community value to Wyoming based on our expertise in housing.
We finance affordable housing in Wyoming.
Teamwork – We bring people together
Responsibility – We are accountable
Integrity – We do the right thing
Community – We are involved
Compassion – We care
For media inquiries, please contact the Marketing and Business Development Manager.
Email: communications@wyomingcda.com
Phone: 307-265-0603
