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Wyoming communities receive over $4.1M in grants and loan requests

Wyoming communities receive over $4.1M in grants and loan requests

(Cheyenne, Wyo.) - The Wyoming State Loan and Investment Board approved seven Business Ready Community grants and one loan request totaling $4,142,394 on Thursday in Cheyenne. The program provides financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development and diversity within Wyoming communities. Business Council staff review each application; conduct site visits, or conference calls in the case of planning grants, and make presentations to a Business Council board subcommittee before making final recommendations to the full Business Council board. *BUSINESS READY COMMUNITY GRANT AND LOAN APPLICATIONS:* *BRC Business Committed* - *Casper-Natrona County Economic Development Joint Powers Board* requests a $1,855,433 grant to build a sewer line along U.S. Highway 20/26 west of Casper to 33-Mile Road to allow businesses such as Nalco FabTech to expand and grow. (Funded by the SLIB in full) *BRC Community Readiness* - *Campbell County* requests a $1,465,000 grant and a $260,000 loan to buy land and buildings owned by Overland Investments. (SLIB provided $1,240,000 in grant funding and $280,000 as a loan) *BRC Community Enhancement* - *Bear River* requests a $380,000 grant to demolish an existing building and build a new community facility on the site. (Funded by the SLIB in full) - *Chugwater* requests a $100,645 grant to demolish restrooms in a town park and replace them with ADA-compliant restrooms, a utility room, a concession area a covered patio with picnic tables and a band shelter (Funded by the SLIB in full) - *Cody* requests a $450,644 grant to replace non-ADA-compliant park equipment. (SLIB tabled the application until a future meeting, inviting Cody to request a lesser amount) - *LaBarge* requests a $248,816 grant to purchase a building to house a new senior/community center and a food bank. (Funded by the SLIB in full) - *Newcastle* requests a $427,615 grant to build recreation sites. (SLIB did not fund but requested the town identify cost savings to the Business Council Board of Directors) *BRC Planning* - *Carbon County* requests a $25,000 grant to evaluate the need for senior at-risk housing alternatives in the Little Snake River communities. (SLIB provided a $15,000 grant) - *Glenrock* requests a $37,500 grant to develop a Comprehensive Economic Development Plan. (SLIB did not fund) - *Platte County* requests a $22,500 grant to hire an engineering firm to develop the long-range engineering and design needs for upgrades to South Guernsey Road and Tank Farm Road. (Funded by the SLIB in full) SLIB meeting materials can be found here . #shortgo #news