Page 15 - WHEDA Annual Report 2014

Construction workers onsite at Green Bay Veterans Manor in Green Bay, Wisconsin.
viSion to HouSE DiSAblED vEtERAnS inSpiRES ‘HiGH iMpAct’ funD
For its 2013-14 Low-Income Housing Tax Credit (LIHTC) award cycle, WHEDA set aside tax credits for a High Impact Project Reserve (HIPR) fund. This high impact fund is part of WHEDA’s mission to help finance developments that exhibit a high need for affordable housing, strong economic development attributes and significant community impact.
One of the first projects to receive tax credits
through the HIPR fund is a housing development specifically designed for Green Bay area veterans. Through this new program, WHEDA is proud to have the opportunity to give back the basic values of safety and support to the brave men and women who have faithfully served our country. There are more than 400,000 veterans currently living in Wisconsin. About 56,000 of these veterans live with disabilities, many of
WHEDA AnnuAl REpoRt 2014
15