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Competitive Loan Financing Products

 

The Fall 2026 Competitive Loan application cycle is now open!

Developers and governmental units interested in applying for funding must submit a Procorem WorkCenter Request Form to our tech team for each project and resource requested. The deadline to submit Procorem WorkCenter requests is Friday, October 30th, 2026.

Learn more about the products and review the application process:

Upcoming Important Dates

October 5th, 2026

Competitive application cycle scheduled to open

October 30th, 2026

Deadline to submit Procorem WorkCenter request

November 6th, 2026

Fall Competitive applications due to WHEDA

December, 2026

Fall award announcement

The above timeline is subject to change at WHEDA’s discretion.

 

 

2026 Application Cycle
2025 Application Cycles
2024 Application Cycles
2023 Application Cycles

2026 competitive loan cycle for the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality Loan Programs.

Spring Cycle

2025 competitive loan cycle for the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality Loan Programs.

Fall Cycle

Spring Cycle

 

2024 competitive loan cycle for the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality Loan Programs.

2023 competitive loan cycle for the Restore Main Street and Vacancy-to-Vitality Loan Programs.

WHEDA administers the following programs:

Infrastructure Access

Infrastructure Access Loan

Learn more about the Infrastructure Access loan.

This competitive loan program allows a residential housing developer to apply for a loan to cover the costs of installing, replacing, upgrading, or improving public infrastructure related to workforce housing or senior housing. These costs are typically covered by the developer.

Find out more about the Infrastructure Access loan availability.

Restore Main Street

Restore Main Street Loan

Learn more about the Restore Main Street loan.

This competitive loan program allows an owner of rental housing to apply for a loan to cover the costs to improve housing located on the second or third floors of an existing building with commercial space on the ground level.

Find out more about the Restore Main Street loan availability.

Vacancy To Vitality

Vacancy-to-Vitality Loan Program

Learn more about the Vacancy-to-Vitality loan.

This competitive loan program allows a developer to apply for a loan to help cover the cost of converting a vacant commercial building to workforce housing or senior housing.

Find out more about the Vacancy-to-Vitality loan availability.

 

Background

Governor Evers has signed into law a Bipartisan Housing Legislation Package that will help expand access to safe, affordable housing for working families. WHEDA is administering four loan programs that emerged from this housing legislation and are critical to providing solutions to address the state’s housing crisis.

Learn more about this $525 million investment in affordable housing here.

2025 Wisconsin Act 237 (Assembly Bill 194) makes certain modifications to the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality loan programs created in the 2023-25 Biennial Budget. 

 

Governmental Units

Governmental Units are critical to the success of new housing development. The cities, towns, and villages of Wisconsin can build on their efforts to increase affordable and workforce housing by meeting the requirements spelled out in three of four WHEDA housing programs created from legislative action.

What Governmental Units Need to Know about WHEDA’s Loan Programs

 

Frequently Asked Questions (FAQs)

View a compiled list of questions on the Bipartisan Housing Legislation Package and the loan programs it supports. Answers will be posted to this webpage as quickly as possible. If you have a question that is not addressed below, please complete our inquiry form or email us at home@wheda.com.

New FAQs published September 30th, 2026

 

Competitive Loan Financing Product Updates

We encourage you to sign up for WHEDA emails to receive the latest on the application cycle, term sheets, and award plans for the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality Loans.

Subscribe now!