The fall competitive loan application cycle winners announced.
Total funding: $100 million
Funding awarded as of fall 2025: $13,319,559
Overview: Converts vacant and underutilized commercial properties to housing.
Details: Review the Vacancy-to-Vitality Term Sheet and Award Plan
| Project Name | Project City | Project County | Program | Total Units | Loan Amount | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Timberline Terrace | Madison | Dane | Vacancy-To-Vitality | 93 | $1,000,000 | |||||
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| Volker Fair Oaks 4% | Madison | Dane | Vacancy-To-Vitality | 177 | $1,000,000 | |||||
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Upcoming Important Dates:
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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
Loan program resources
Click the name of the project to see more information.
| Project Name | Project City | Project County | Program | Total Units | Loan Amount | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Kelly Station | Madison | Dane | Vacancy-to-Vitality | 76 | $1,000,000 | |||||
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| Indianhead Conversion | Chippewa Falls | Chippewa | Vacancy-to-Vitality | 27 | $562,807 | |||||
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| South Shore Landing | South Milwaukee | Milwaukee | Vacancy-to-Vitality | 20 | $756,752 | |||||
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