Housing has been an issue in Cheyenne for many years, and the lack of affordable housing has often been cited as a challenge in economic development efforts.
The redevelopment project introduced by Third Street Partners along South 3rd Street in Laramie is moving forward this week, as demolition of an old gas station at the site nears completion.
An economic development large project loan may be used to finance the purchase, construction and installation of buildings or equipment that will add value to goods, services or resources.
Summerville said while the city council usually holds a meeting every year regarding economic development, this year is particularly important because of the significant change in the city’s funding.