The agency & primary document
- Allocating agency
- Wyoming Community Development Authority (WCDA)
- QAP / guidelines
- https://www.wyomingcda.com/housing-programs/tax-credits/
- Governing document
- 2026 AHAP, Attachment B (pp 68-73)
- Methodology
- Agency-specific standalone methodology
Required market study sections
Wyoming uses its own standalone market study methodology rather than the NCHMA Model Content Standards. Agency-specific methodology — WCDA publishes its own requirements in Attachment B.
Key Wyoming rules
- Staleness window
- Annual cycle; market study no older than 6 months from application submittal
Wyoming-specific overlays
- Hard vacancy gate: vacancy at low-income comparable projects > 10% means project is not considered — application-killing threshold
Required companion documents
- Market Study Recap (Attachment B Item 1 — mandated tabular template analyst completes and includes)
Things analysts miss in Wyoming
- WCDA does not maintain an Approved Market Study Provider list
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Start a free Wyoming report →Frequently asked questions
Who reviews LIHTC market studies in Wyoming?
Wyoming Community Development Authority (WCDA) sets the market study requirements and reviews submissions for Wyoming Low-Income Housing Tax Credit applications.
How current must a Wyoming LIHTC market study be?
Annual cycle; market study no older than 6 months from application submittal
Does Wyoming follow NCHMA standards?
Agency-specific methodology — WCDA publishes its own requirements in Attachment B.
Other states
This summary is for general reference and reflects Wyoming Community Development Authority (WCDA)'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.