WHEDA Foundation opens 2021 housing grant cycle
July 02, 2021
$1 million available for emergency and extremely low-income housing
MADISON – Organizations throughout Wisconsin that provide emergency shelter, transitional residences and extremely low-income housing are encouraged to apply for grants from the WHEDA Foundation.
Administered by the Wisconsin Housing and Economic Development Authority, the WHEDA Foundation grants improve housing for community members with complex challenges such as developmental disabilities, domestic abuse, incomes at or below 30 percent of the area median income, youth homelessness and chronic mental illness. Grants of up to $50,000 are available in two categories, emergency/transitional housing and permanent housing.
“The WHEDA Foundation recognizes the need among community organizations for funds that support basic improvements in safe, affordable housing for people in desperate need of a place to live,” said Joaquín Altoro, WHEDA CEO. “This year marks the 37th year the WHEDA Foundation has provided financial support to address these unmet housing needs in our communities. As we look to strengthen our communities in their efforts to move beyond the challenges of COVID, we know the need is greater than ever.”
A total of $1 million will be awarded for the 2021 cycle with awards to be announced in December. The grants are for physical improvements such as rehabilitation, accessibility features and new construction. There is no minimum grant size.
Eligible applicants include nonprofit organizations or cooperatives organized under Chapters 181, 185, or 187 of the Wisconsin Statutes; community development, redevelopment and housing authorities; and local units of government, including Native American tribal authorities. Applications are due on Aug. 23, 2021.
The annual housing grant program competition is funded entirely by WHEDA operations and uses no state tax dollars. Organizations receiving the grants include nonprofit agencies, local governments and tribal authorities serving low-income or disadvantaged populations including homeless people, runaways, youth in out-of-home placement, people with alcohol or drug dependencies, people in need of protective services, frail elderly residents and people living with HIV disease, among others.
During the 2020 grant cycle, 41 organizations received a total of $1,040,000 million to create or improve 845 beds or units. Click here to see a complete list of the 2020 grant award recipients.
Since 1985, the WHEDA Foundation has issued 1,198 awards totaling more than $25,968,000 to housing providers across the state. Established by WHEDA in 1983, the foundation is responsible for receiving and administering housing grant funds on behalf of WHEDA.
For more than 48 years, WHEDA has worked to provide low-cost financing for housing and small business development in Wisconsin. Since 1972, WHEDA has financed more than 78,000 affordable rental units, helped more than 135,000 families purchase a home, and provided more than 29,000 small business and agricultural loan guarantees. WHEDA is a self-supporting public corporation that receives no tax dollars for its operations. For more information on WHEDA programs, visit wheda.com or call 800-334-6873.