Wisconsin Housing and Economic Development Authority (WHEDA)

Serves Wisconsin residents and communities by working with others to provide creative financing resources and information to stimulate and preserve affordable housing, small business, and agribusiness. Services: - Home Mortgage Loans for low and moderate-income individuals and families,primarily for first-time buyers. - Veterans Affordable Loan Opportunity program, first come,first serve basis. - Down Payment assistance, Easy Close Advantage loan, is a 10yr. low cost loan designed to help pay for down payment, closing and home buyer education expenses. - Home Improvement Loans for permanent improvements making home more livable, energy efficient or accessible, including weatherization, new roofs, new furnaces, wheelchair ramps. - Property Tax Deferred Loan Program with loans up to $3525.00 to seniors at least 65 years of age or a qualifying Veteran,per year. The program allows qualified individuals to convert equity in their home into cash to pay all or a portion of their property taxes. The applicant may borrow up to $3,525 and must be 65 yrs or older, and co-owners must be either 60 yrs or disabled. (Household income limits remain the same, cannot exceed $20K); New applicants are required to send $225 cashier's check to cover $75 title search, $120 Broker Price Opinion and $30 recording fee. Applications can be obtained by contacting office at 1-800-755-7835. Call for complete details. - Refi Advantage program, to refinance a WHEDA loan with as little as 3% equity in your home. SD, Property Tax Resources