WHEDA works to transform lives, neighborhoods, and communities across Wisconsin. From financing affordable rental housing to empowering new homebuyers to helping small businesses grow—our goal is to make real, positive changes and ensure all people in Wisconsin have an affordable place to call home. 

Members of the WHEDA Board

Officers

Ranell Washington, Chairperson
Partnership Development Advisor,
American Family Insurance
Milwaukee

Jeffrey L. Skrenes, Treasurer
Housing Coordinator/Planner
City of Superior

Other Board Members

Hon. Kalan Haywood Wisconsin State Representative Milwaukee	Diane House Economic Development Director, Great Lakes Inter-Tribal Council Inc. Lac du Flambeau	Missy Hughes CEO, WEDC Madison
Diana Maas Assistant Deputy Director Department of Administration Madison	Jasmine Mercado VP, Regional Banking Relationship Manager III Huntington National Bank Milwaukee	Hon. Todd Novak Wisconsin State Representative Dodgeville
Sen. Romaine Quinn Wisconsin State Senator 25th District	Hon. Mark Spreitzer Wisconsin State Senator 15th District

Message from the Governor

Message from the Executive Director

WHEDA by the Numbers

Fiscal Year 2023-24 WHEDA Investments

July 1, 2023 through June 30, 2024

Single Family Housing

Mortgage lending	$596,012,932
Down payment assistance	$12,907,238
Mortgages closed	2,966
Total loans serviced	27,676
Total partner lenders	138

Multifamily Housing

Multifamily lending	$228,538,266
Developments financed	28
Loans closed	98
Housing units created	1,695

Competitive Federal and State Housing Tax Credits

Housing tax credits allocated	$34,928,037
Developments supported	24
Housing units supported	1,458

Housing tax credit awards will close in future fiscal
years subject to project timelines.

Legislative Loans

Infrastructure Access, Restore Main Street, and
Vacancy-to-Vitality

Competitive loans awarded	9
Financing allocated	$6,942,389
Housing units supported	482

Competitive loan awards may close in this or future
fiscal years subject to project timelines.

Economic Development

Total partner lending	$1,879,000
Loans guaranteed	13
Businesses and farms served	8

WHEDA Foundation

Grant funds awarded	$2,000,308
Housing providers supported	52
Communities served	35
Beds/units supported	1,674

Financials

WHEDA is not a state agency. We are a self-supporting public corporation that receives no state tax dollars for our operations. Revenues from the interest on loans and investments, loan origination and servicing fees as well as other fee income are used to support WHEDA’s operating costs and expenses.

WHEDA has over 50 years of financial strength and commitment to improve housing quality and economic vitality in Wisconsin. Through our financing resources and industry partners we work to increase access to and choice of affordable housing for people in Wisconsin because a safe home is the foundation for prosperity.

To learn more, view our audited financial statements below.

Financial Statements

Download the Statements of Net Position and of Revenues, Expenses, and Change in Net Position

All people in Wisconsin have an affordable place to call home.

We help Wisconsin thrive by expanding access to affordable housing choices.

We put people first. We do what only we were created to do. We protect housing as a core human need.