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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

$12.5B

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

87,300

affordable rental units, helped more than

138,300

families purchase a home, and made more than

29,280

small business and agricultural loan guarantees.

 

 

Foundation

1,286

awards issued since 1985 through The WHEDA Foundation, Inc. totaling nearly

$29M

to housing providers across Wisconsin

 

Single Family

$9.8B

in mortgage loans provided to over

138,300

Wisconsin families

156

certified WHEDA lenders

 

New Market Tax Credit

$575M

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

45

developments

 

Housing Tax Credits

Since 1986, WHEDA has awarded

$534M

in federal and state Housing Tax Credits (HTC) and provided

$2.8B

in multifamily housing loans, resulting in

73,000

affordable rental housing units financed 

 

Business Loan Guarantees

1,157

business loan guarantees provided by WHEDA resulting in over

$117M

in financing for Wisconsin businesses

   

CROP Program

WHEDA has provided

$465M

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

28,000

Wisconsin farmers