Page 17 - WHEDA Annual Report 2017

2000: The Authority solidifies its mortgage revenue bond and housing tax credit programs for years to come after winning significant legislation to increase caps for each program.
2002: WHEDA has a record-breaking year closing more than $100 million in multifamily loans, creating more than 2,000 housing units.
2004: WHEDA is the first HFA to be awarded federal New Markets Tax Credits. This program fuels job creation and economic development efforts by promoting investment in low-income urban and
rural communities.
2006: WHEDA invests over $4 million in Milwaukee’s Metcalfe Park neighborhood
in a new lease-to-purchase program. Construction of 30 homes increased home ownership in the neighborhood.
2008: WHEDA launches outreach website, WisconsinForeclosureResource.com, to help troubled homeowners.
2001: “HouseKey Wisconsin,” the first online mortgage application system in the HFA industry, is launched.
2003: WHEDA increases its statewide African American mortgage lending by 27%.
2005: The Authority has a record year in single family home ownership lending with over $560 million in first mortgages.
2007: For the first time, WHEDA awards LIHTCs to multifamily deals on tribal land ($19 million) and to supportive housing developments ($11 million).
2009: WHEDA receives over $139 million in federal American Recovery and Reinvestment Act (ARRA) resources to stimulate stalled LIHTC developments around the state.
WHEDA 1972-2017: 45 YEARS OF FIRSTS 17