Wyoming Community Development Authority-bond investment.

HB 221 authorizes Wyoming's state treasurer to invest up to $60 million from the permanent Wyoming mineral trust fund reserve account in bonds issued by the Wyoming Community Development Authority. These bonds finance loans for first-time homebuyers at a maximum 3.5% interest rate. The investment authority expires July 1, 2029, and does not affect existing investment policies for the mineral trust fund. The bill directly affects the Community Development Authority and first-time homebuyers seeking affordable housing financing.