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Governor Doyle announces the 2005 SOS Initiative to help preserve affordable housing for seniors and low-income Wisconsin residents.
Preservation Task Force Report
The Governor's Housing Preservation Task Force has released a report entitled "Preserving Wisconsin's Quality Affordable Rental Housing". The report proposes streamlined regulation, a trust fund, and other steps to save affordable housing in crisis.
Data Library
The Multifamily
Data Library includes links to Tax Credit Development Financing,
such as occupancy rates, operating expenses, tax-credit projects,
federally-assisted rental housing, fair market rents, and the results
to the Residential Care Apartment Complex.
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Purpose of Preservation
Section 8 properties serve tenants whose
average annual income is approximately $9,000. Replacement of this
housing would be virtually impossible in today's economic climate.
Many of these developments are at a stage where the owners could
consider converting the properties to market rate housing. This
would displace most of the low-income residents. WHEDA wants to provide loans for these developments to preserve and extend the affordability and viability of these properties.
We offer owners and prospective buyers of Section 8 properties
the knowledge and experience gained by financing and servicing over
20,000 affordable rental units in Wisconsin. Contact a Senior Underwriter (SU) for more information on Preservation of Affordable Housing
Asset Management
Asset Management
includes information, forms, and requirements for managing affordable
rental housing.
Subscription Service
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