Tax increment financing.

HB 68 expands Wyoming's urban renewal code to require municipalities to address affordable housing as part of renewal projects. It defines "affordable housing" as units where household income does not exceed 120% of the county's median income and mandates that local governments adopt resolutions confirming housing shortages or blighted areas before proceeding. The bill requires cities to prioritize private development of affordable housing through urban renewal programs, including rehabilitation or redevelopment of blighted areas. These changes directly affect Wyoming municipalities seeking to use tax increment financing for housing projects.