government, nonprofits, community groups, and others to implement its low-cost financing programs. Since 1972, WHEDA has financed more than 87,300 affordable rental units, helped more than 141,800 families purchase a home, and made more than 29,280 small business and agricultural loan guarantees...
Multifamily Loan Application Provides necessary information to WHEDA when applying for financing. Applying for WHEDA financing. 10/2020 Multifamily Loan Application Checklist Use this checklist in completing your application package. Applying for WHEDA financing. 8/2015 Construction Draw Process Provid...
Ann Ustad Smith
For 50 years, WHEDA has worked to provide low-cost financing for housing and small business development in Wisconsin. Since 1972, WHEDA has helped more than 138,300 families purchase a home. You can find more information on WHEDA single-family loan productshere....
Recapture tax is paying back the federal government for the benefit of a lower interest mortgage loan, where tax-exempt mortgage bonds were used for financing. How is the tax calculated? Borrowers calculate recapture tax using IRS Form 8828. For assistance see also, IRS Publication 523 “Selling...
(HILP) offers a financing product to help current Wisconsin homeowners make improvements and repairs. HILP allows eligible homeowners to finance repairs or improvements such as replacing a furnace or adding more square footage to their home, even if they do not currently have a WHEDA loan. ...
Property that a borrower offers as security for a loan. If the borrower does not repay their loan as promised, the lender may take the collateral from the borrower. Collection A past due debt which a creditor will attempt to collect from a borrower. Collections result from debts such as unp...
For the most up to date version of QAP, visit the Allocating page. Objectives of the Qualified Allocation Plan WHEDA will execute the following objectives in a transparent and responsible manner: Core PillarsObjectives Increase supply of affordable housing ...