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Vacancy-to-Vitality Competitive Loan

The fall competitive loan application cycle for 2025 has closed.

Total funding: $100 million
Funding awarded as of Spring 2025: $11,319,559 million

Overview: Converts vacant and underutilized commercial properties to housing.

Details: Review the Vacancy-to-Vitality Term Sheet and Award Plan

Upcoming Important Dates:

October 21, 2025

Fall competitive application cycle opens

November 21, 2025

Fall competitive applications due to WHEDA

December, 2025

Fall competitive loan funding announced

June, 2026

Spring cycle opens

 

Please submit questions about the Vacancy-to-Vitality competitive loan to home@wheda.com

 

Vacancy-to-Vitality Application Materials

Loan program resources

 

2025 Spring Award Cycle Winners

Click the name of the project to see more information.

Project Name Project City Project County Program Total Units Loan Amount
Madison Dane Vacancy-to-Vitality 76 $1,000,000
Set Aside Housing Type
General Workforce
Chippewa Falls Chippewa Vacancy-to-Vitality 27 $562,807
Set Aside Targeting
General Workforce
South Milwaukee Milwaukee Vacancy-to-Vitality 20 $756,752
Set Aside Targeting
General Workforce