WHEDA works to transform lives, neighborhoods, and communities across Wisconsin. From financing affordable rental housing to empowering new homebuyers to helping small businesses grow—our goal is to make real, positive changes and make sure all people in Wisconsin have an affordable place to call home. The number above represents how many people have been impacted by WHEDA programs this year. The number is based on the average Wisconsin household size of 2.35 multiplied by the 4,354 units financed this fiscal year. 

Strategic Vision

WHEDA completed a new, transformational strategic vision to support a future where all Wisconsinites have an affordable place to call home. This vision will guide our important work now and into the future to help Wisconsin thrive by expanding access to affordable housing choices through our three strategic priorities.

Members of the WHEDA Board

Officers

Ranell Washington, Chairperson Partnership Development Advisor, American Family Insurance Milwaukee	Raynetta R. Hill, Vice Chairperson Executive Director Historic King Drive Business Improvement District Milwaukee
Jeffrey L. Skrenes, Treasurer Housing Coordinator/Planner City of Superior

Other Board Members

Message from the Governor

Governor Tony Evers highlights the overwhelming need for affordable housing and its connection to several other pressing challenges facing Wisconsin. Listen as he talks about those challenges and speaks about the efforts underway to build a strong future for our kids, our workforce, and our state.

Message from the Executive Director

WHEDA has made a tremendous impact this past fiscal year because of its resources and expertise. Listen as Executive Director, Elmer Moore, Jr., provides an overview of the many ways in which WHEDA is addressing the housing shortage and making a difference in the lives of Wisconsin residents.

Supportive Housing is Heaven-sent

A place to call home came in an unexpected place for one resident of Madison’s André Apartments. WHEDA helped André Apartments become a reality through its housing tax credit program and other financing. Listen as Tracy Swenson talks about her inspiring healing journey following a devastating car accident and how her quest for an affordable home was undoubtedly aided by her new home’s namesake, André Brown.

WHEDA by the Numbers

Fiscal Year 2022-23 WHEDA Investments - July 1, 2022 through June 30, 2023

Single Family Housing

Households Served	1,348
Loans Serviced	25,522
Partner Lenders	136
Total Mortgage Lending	$242,112,124
Down Payment Assistance	$7,332,996

Economic Development

Total Businesses And Farms Served	10
Total Loans Guaranteed	$687,600
Total Partner Lending	$1,764,500

Multifamily Housing

Loans Closed	74
Total Units	1,492
Total Multifamily Lending	$210,819,088
Total Housing Tax Credits Allocated	$33,433,966
Total Units Supported with Housing Tax Credits	1,514

WHEDA Foundation

Total Housing Providers Supported	53
Grant Funds Awarded	$2,013,589
Total Communities Served	34 cities in 27 counties
Beds/Units Improved or Created	1,674

Financials

WHEDA is not a state agency. We are a self-supporting public corporation that receives no state tax dollars for our operations. Revenues from the interest on loans and investments; loan origination and servicing fees as well as other fee income are used to support WHEDA’s operating costs and expenses. 

WHEDA has over 50 years of financial strength and commitment to improve housing quality and economic vitality in Wisconsin. Through our financing resources and industry partners we work to increase access to and choice of affordable housing for people in Wisconsin because a safe home is the foundation for prosperity. 

To learn more, view our audited financial statements below.

Financial Statements 

Download the Statements of Net Position and of Revenues, Expenses, and Change in Net Position