Property tax exemption-organizations funded by the WCDA.

This bill (SF 113) extends a property tax exemption to private, nonprofit community housing development organizations that receive funding from Wyoming's Community Development Authority (WCDA). It directly affects these affordable housing providers by exempting their owned property from local property taxes. The key provision adds a new exemption under Wyoming law (W.S. 39-11-105(a)(xviii)(B)), which terminates if the organization sells or leases the property. The exemption became effective July 1, 2022.