HERE’S THE SCOOP


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.

LEADERSHIP



Scott Hoversland

Executive Director


Lesli Wright

Deputy Executive Director

SENIOR MANAGEMENT



Gayle Andress

Director of Mortgage Loan Servicing


Carol Wilson

Director of Single Family Programs


DJ Whitaker

Director of Finance & Administration


James Cochran

Director of Information Technology


Rachel Shaw

Director of Human Resources


Tom Price

Director of Construction & Facilities


John Batey

Director of Affordable Housing Development 


Kathy Swanson

Director of Legal & Compliance

BOARD OF DIRECTORS



George Parks
Chairman
Cheyenne


Susan Anderson
Vice Chairman
Casper


Pete Illoway
Secretary/Treasurer
Cheyenne


Honorable Mark Gordon
State Governor
Cheyenne


Honorable Curt Meier
State Treasurer
Cheyenne


Michael Martin
Laramie


Kendra Heimbuck
Sheridan


Doug Chamberlain
LaGrange


David Caplan
Sweetwater


Scott Hoversland
WCDA Executive Director
Casper




BOARD MEETING SCHEDULE


The Board of Directors of the Wyoming Community Development Authority (WCDA) will hold meetings beginning at 1:00 pm on Tuesday, September 22, 2020 and continuing at 8:30 am on Wednesday, September 23, 2020, at the offices of WCDA, 155 N. Beech, Casper, WY.  The Tuesday meeting will be a regular Board Work Session.  The Wednesday meeting will be a regular Board Meeting. 

The purpose of the meeting is to discuss general business of the Authority. 


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 2020 is in January.

The WCDA Board of Directors conducts a work session every other month (six times per year) on the Tuesday 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 2020 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 2020 is in February.

2020 WCDA Board of Directors Meeting Calendar

January 28, 2020               Board of Directors Work Session, Casper
January 29, 2020               Board of Directors Meeting, Casper

February 26, 2020             Board of Directors Conference Call

March 24, 2020                  Board of Directors Work Session, Casper
March 25, 2020                  Board of Directors Meeting, Casper

April 29, 2020                     Board of Directors Conference Call

May 26, 2020                      Board of Directors Work Session, Casper
Review of 1st Draft Budget & 2020-2021 Strategic Plan
May 27, 2020                      Board of Directors Meeting, Casper

June 24, 2020                     Board of Directors Conference Call
Approval of 2020-2021 Budget

July 28, 2020                       Board of Directors Work Session, Casper
July 29, 2020                       Board of Directors Meeting, Casper

August 26, 2020                 Board of Directors Conference Call

September 22, 2020         Board of Directors Annual Work Session – TBD
September 23, 2020         Board of Directors Annual Meeting – TBD

October 28, 2020               Board of Directors Conference Call

November 17, 2020          Board of Directors Work Session, Casper
November 18, 2020          Board of Directors Meeting, Casper

December 23, 2020          Board of Directors Conference Call

*Board meeting dates are subject to change.

MISSION


To help our fellow Wyoming citizens attain quality and affordable housing.

VISION


Our vision is to be a leader in bringing economic and community value to Wyoming based on our expertise in housing.

CORE MESSAGE


We finance affordable housing in Wyoming.

VALUES


Teamwork – We bring people together

Responsibility – We are accountable

Integrity – We do the right thing

Community – We are involved

Compassion – We care

MEDIA INQUIRIES


For media inquiries, please contact the Marketing and Business Development Manager.

Email: communications@wyomingcda.com

Phone: 307-265-0603