Page 43 - WHEDA Annual Report 2017
P. 43
$575M
in New Markets Tax Credits (NMTC) awarded to WHEDA since 2004 helped finance
45
developments
WHEDA has provided
$455M
in lending through the Credit Relief Outreach Program (CROP)
helping over
28,000
Wisconsin farmers
WHEDA’s impact in Wisconsin since 1972
The Wisconsin Housing and Economic Development Authority (WHEDA) was created in 1972 by the Wisconsin
Legislature to meet an increasing need for affordable housing financing. The Legislature broadened WHEDA’s mission in 1983 to include financing for the expansion of business and agricultural activity in the state. As a lender, WHEDA has over $2 billion in assets.
Since 1972, WHEDA has issued over
$10.8B
in tax-exempt and taxable bonds to invest in affordable housing and economic development,
financed more than
73,000
affordable rental units, helped more than
123,900
families purchase a home, and made more than
29,000
small business and agricultural loan guarantees.
WHEDA 1972-2017: 45 YEARS OF FIRSTS 43
