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Competitive Loan Financing Products

The fall 2025 Competitive Loan cycle is now open. 

Learn more about the products and review the application process:

Loan applications will be submitted online through Procorem. If you haven’t signed up yet for your Procorem WorkCenter, please complete an access form here before November 14st, 2025

 

2025 Application Cycle
2024 Application Cycles
2023 Application Cycle

2025 competitive loan cycle for the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality Loan Programs.

Fall Cycle Now Open

Spring Cycle

 

2024 competitive loan cycle for the Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality Loan Programs.

2023 competitive loan cycle for the Restore Main Street and Vacancy-to-Vitality Loan Programs.

Background

Governor Evers has signed into law a Bipartisan Housing Legislation Package that will help expand access to safe, affordable housing for working families. WHEDA is administering four loan programs that will emerge from this housing legislation. The new products are critical to providing solutions to address the state’s housing crisis.

Learn more about this $525 million investment in affordable housing here.

 

Municipalities

Municipalities are critical to the success of new housing development. The cities, towns, and villages of Wisconsin can build on their efforts to increase affordable and workforce housing by meeting the requirements spelled out in three of four new WHEDA housing programs created from legislative action.

What Municipalities Need to Know about WHEDA’s New Loan Programs

 

WHEDA administers the following programs:

Infrastructure Access

Infrastructure Access Loan

Assembly Bill 264, now 2023 Wisconsin Act 14; amended by Assembly Bill 1075, now 2023 Wisconsin Act 209:   

Learn more about the Infrastructure Access loan.

This competitive loan program allows a residential housing developer to apply for a loan to cover the costs of installing, replacing, upgrading, or improving public infrastructure related to workforce housing or senior housing. These costs are typically covered by the developer.

Restore Main Street Loan

Assembly Bill 265, now 2023 Wisconsin Act 15:  

Learn more about the Restore Main Street loan.

This competitive loan program allows an owner of rental housing to apply for a loan to cover the costs to improve housing located on the second or third floors of an existing building with commercial space on the ground level.

Vacancy To Vitality

Vacancy-to-Vitality Loan Program

Assembly Bill 268, now 2023 Wisconsin Act 18:  

Learn more about the Vacancy-to-Vitality loan.

This competitive loan program allows a developer to apply for a loan to help cover the cost of converting a vacant commercial building to workforce housing or senior housing.

 

Questions?

View our FAQ's, ask us a question by filling out our Competitive Loan Financing question form or email us at home@wheda.com.

 

Legislative Updates

Want updates on WHEDA's progress toward providing all people in Wisconsin with an affordable place to call home? 

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