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2016 Low Income Housing Tax Credit (LIHTC) Program

2016 Award List   2016 Applicant List

Memoranda

2016 Sample Application, Self-Scoring Exhibit and Checklists

2016 Appendices and Other Required Materials

Appendices and other required materials provide instruction/information needed to prepare a LIHTC application.

LIHTC Online Application (LOLA)

Applications for Credit must be submitted electronically using LOLA, WHEDA’s LIHTC Online Application.  Log in to your eWHEDA account to access LOLA .

Competitive applications will be accepted January 15 – January 29, 2016 (5:00 p.m. CST). Noncompetitive applications accepted January 4 – December 29, 2016 (5:00 p.m. CST). See the 2015-2016 QAP for cycle details.

Getting to Know LOLA 
Complete instructions on how to use LOLA to submit an application 

Emerging Business and Workforce Development Program

The Emerging Business Program encourages the involvement, utilization, and development of economically disadvantaged businesses in the State of Wisconsin. Participation is required with an award of Low Income Housing Tax Credits (LIHTC) in certain counties in Wisconsin, and is voluntary in others. The companion Workforce Development Program, was created to help unemployed and underemployed individuals obtain living wage jobs in areas and counties surrounding LIHTC developments. Please refer to the Program Manual for details.

2016 Eligibility

Income and Rent Limits

  • Standard MTSP (Multifamily Tax Subsidy Project) 
    For tax credit and/or tax exempt bond-financed projects place in service 3/28/2016 or later, or those not in HUD 'hold harmless' areas.
  • HERA Special
    For projects placed in service on or before 12/31/08 in HUD designated 'hold harmless' areas. Do not apply to HUD, RD, and HOME projects. 

Qualified Allocation Plan (QAP)

Additional Credit Guidance

Securing additional tax credits for existing Section 42 LIHTC developments. Available here