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Impact

WHEDA’s impact in Wisconsin since 1972

The Wisconsin Housing and Economic Development Authority (WHEDA) was created in 1972 by the Wisconsin Legislature to meet an increasing need for affordable housing financing. The Legislature broadened WHEDA’s mission in 1983 to include financing for the expansion of business and agricultural activity in the state. As a lender, WHEDA has over $2 billion in assets.

Since 1972, WHEDA has issued over

$10.8B

in tax-exempt and taxable bonds to invest in affordable housing and economic development, financed more than

73,000

affordable rental units, helped more than

130,000

families purchase a home, and made more than

29,000

small business and agricultural loan guarantees.

1,087

awards issued since 1985 through the WHEDA Foundation, Inc. totaling

$23.4M

to housing providers across Wisconsin

 

$8B

in mortgage loans provided to over

130,000

Wisconsin families

156

certified WHEDA lenders

 

$575M

in New Markets Tax Credits (NMTC) awarded to WHEDA since 2004 helped finance

45

developments

 

Since 1986, WHEDA has awarded

$363M

in Low-Income Housing Tax Credits (LIHTC) and provided

$1.9M

in multifamily housing loans, resulting in

73,000

affordable rental housing units financed 

 

1,132

business loan guarantees provided by WHEDA resulting in over

$106M

in financing for Wisconsin businesses

   

 

WHEDA has provided

$455M

in lending through the Credit Relief Outreach Program (CROP) helping over

28,000

Wisconsin farmers