The Restore Main Street Loan helps renovate units above street-level commercial spaces. Many of these units stay vacant because of high renovation costs and challenges in securing financing for mixed-use properties. These projects strengthen main streets by integrating housing with local businesses and supporting thriving, walkable downtowns.
Total funding: $100 million
Funding awarded as of fall 2025: $440,000
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Late April |
Competitive application cycle scheduled to open |
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Late May |
Spring Competitive applications due to WHEDA |
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June, 2026 |
Spring award announcement |
Assembly Bill 194, now 2025 Wisconsin Act 237, makes certain modifications to the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality loan programs created in the 2023-25 Biennial Budget. WHEDA has begun updating loan term sheets and award plans to reflect these changes. The Spring Cycle applications will open in late April with final submissions due in late May. Award announcements are expected in June 2026.
Sign up for emails related to Competitive Loan Products on our email sign-up page. Make sure to check the box labeled "Competitive Loan Products" before submitting the form.
Please submit questions about the Restore Main Street competitive loan to home@wheda.com.
Loan program resources
| Project Name | Project City | Project County | Program | Total Units | Loan Amount | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 16 East Main Street | Evansville | Rock | Restore Main Street | 2 | $40,000.00 | |||||
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