2026 Federal 4% Housing Tax Credit (HTC) Non-Competitive Program

Important 2026 Non-Competitive Cycle Dates

Program Milestone	Date
Application Cycle Opening Date	3pm (Central Standard Time) June 17, 2026
Application Cycle Closing Date	October 31, 2026

Wisconsin Qualified Allocation Plan (QAP)

The Governor has appointed Wisconsin Housing and Economic Development Authority (WHEDA) to administer this program in Wisconsin. In accordance with Section 42 of the Internal Revenue Code (the “Code”), WHEDA has developed this Qualified Allocation Plan (the "Plan") to establish the criteria and process for the allocation of the Housing Tax Credit (HTC or the "Credit") to qualified rental housing developments in Wisconsin. WHEDA Board of Directors has approved modifications to the QAP, which updates WHEDA’s Tax Exempt Bond distribution methodology.

Qualified Allocation Plan

Housing Tax Credit Application Materials

Tax Exempt Bond Volume Cap Available

WHEDA is accepting applications in the 4% Non-competitive Cycle. WHEDA will close the cycle when all available bonds have been committed. Applications that were not awarded in the previous year may submit a new application in the 2026 cycle.

The Amount of Bonds listed as "Under Review" reflects modified bond sizing methods for all submitted applications as defined in the guidelines of QAP Modification #2.

Amount of Bonds	Status of Bonds	Date
$300,000,000.00	Available	June 17, 2026
	Committed
	Under Review

Updated: 3pm (Central Standard Time) June 17, 2026

2026 Applicant List

Coming soon!

Project Name	Project ID	Complete Application Submission Date	Status	Project City	Project County	Total/Affordable Units

Management Agent Certification Process

First round of the 2026 Management Agent Certification process began August 15, 2025 with applications due September 15, 2025. This round is now closed. Certifications from Fall 2025 automatically apply to all WHEDA products and agents are not required to submit a new application for the second round in the Spring of 2026.

2026 List of Approved Agents

Overview

2026 Agent Certification Worksheet Applications were due March 16, 2026. WHEDA evaluated each agent and sent a certification or denial letter. The management agent will be listed on our website as an approved agent, unless indicated otherwise in the application, and on our internal list of approved management agents.

This is an annual process that will be required each year for agents who would like to be eligible to be listed on any applications for Housing Tax Credits or WHEDA Financed products in Wisconsin.

NOTE: This is NOT a requirement for agents currently managing tax credit projects. It is only a requirement for agents that wish to be listed on 2026 applications

Requirements

For a management agent to become certified and be considered on an HTC or loan application, they must:

Have at least one person who has attended at least one Tax Credit training within the past 36 months

Must supply name, title, training attended, date of attendance, and description (if not on approved training list)
Consultants or subcontractors do not qualify
Approved trainings include WHEDA, Costello Compliance, Nan McKay, NCHM, Novagradac, Quadel, Spectrum, TheoPro, US Housing Consultants, Zeffert University, or other approved by WHEDA

Have at least one similar Tax Credit (or other affordable housing) project in their current portfolio

A portfolio summary, including project names, addresses, funding types, and unit types must be included in the application.
If the agent has fewer than 10 affordable properties (Tax Credit/WHEDA) and/or they have not managed for 8 or more years in Wisconsin, but manages properties in other states, an Authorization to Release Compliance Status Form must be submitted to each agency for which the management agent manages properties. These forms are due 15 days following the due date for the Agent Certification Application and it is the Management Agent's responsibility to ensure this form is submitted to WHEDA before the deadline. Failure to receive completed Authorization Forms from other HFAs when required above may result in a denial of the agent certification.

The management agent or any entity serving as the agent cannot have a project in their portfolio with any of the following: uncorrected non-compliance, untimely reporting, failure to submit information, unpaid fees, below average or unsatisfactory management reviews, including regulatory and physical inspection, foreclosures, or general material non-compliance. WHEDA reserves the right to gather information from other housing authorities regarding any affordable housing developments managed by the agent outside the state of Wisconsin.

The management agent listed on the application must be retained by the ownership entity until at least the end of the 5th year following the Placed-in-Service-Date of the last building in the project. Substitutions must be approved in advance on a case-by-case basis, and only for extraordinary circumstances. Any substitutions must be to an agent on the current approved agent list for the applicable product. If the management agent is changed without WHEDA approval during this five-year period, WHEDA reserves the right to deduct future HTC application points.

Certification Expiration

Certifications are good through October 31, 2026.

Forms can be submitted electronically to: wheda.am@wheda.com. Subject line to include “Management Agent Certification”.