- Associated Press - Sunday, January 29, 2017

CASPER, Wyo. (AP) - A veterans’ service center is closer to reality with the city of Casper’s preliminary approval of a low-interest loan.

The Casper Star-Tribune reports (https://bit.ly/2jk0Vhb) councilmembers directed staff to draft a loan agreement for the Casper Housing Authority to purchase a building that used to be Natrona County School District’s Roosevelt High School.

Housing authority director Kim Summerall-Wright said no agreements can be made with Veterans Affairs or other groups without the nearly $433,000 loan needed from the city.

The loan will likely carry 2 percent interest.

Councilman Chris Walsh was concerned about whether the housing authority would be able to secure the $2 million that is needed to renovate the former school.

Summerall-Wright said the agency has a history of leveraging the city’s contributions to bring in more money.


Information from: Casper (Wyo.) Star-Tribune, https://www.trib.com

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