2024 Housing Tax Credit (HTC) Programs

Housing Tax Credit Application Materials

• Procorem Workcenter Request Form
• 2024 Multifamily Application 
• Appendices
• Development Team Experience forms
• Fee Remittance form

Management Agent Certification Process

The 2024 Management Agent Certification process begins August 15, 2023 with applications due September 15, 2023.

Management Agent List

Overview

Management agents that wish to become certified to be listed on ANY 2024 Housing Tax Credit (HTC) application must submit to WHEDA a 2024 Management Agent Certification Application by Friday, September 15, 2023. WHEDA will then evaluate each agent and send a certification or denial letter. Management agents should supply a copy of this certification letter to developers that are submitting HTC applications to be included in their submission packets.

This is an annual process that will be required each year for agents who would like to be eligible to be listed on any applications for Housing Tax Credits in Wisconsin.

NOTE: This is NOT a requirement for agents currently managing tax credit projects. It is only a requirement for agents that wish to be listed on 2024 HTC applications.

Requirements

In order for a management agent to become certified and be considered on an HTC application, they must:

1. Have at least one person who has attended at least one Tax Credit training within the past 36 months
   
   1. Must supply name, title, training attended, date of attendance, and description (if not on approved training list)
   2. Consultants or subcontractors do not qualify
   3. Approved trainings include Spectrum, Quadel, Housing Credit College, WHEDA, NCHM, Liz Bramlet, TheoPro, Elizabeth Moreland, Novagradac, or other approved by WHEDA
2. Have at least one similar Tax Credit (or other affordable housing) project in their current portfolio
   
   1. A portfolio summary, including project names, addresses, funding types, and unit types must be included in the application.

The management agent or any entity serving as the agent cannot have a project in their portfolio with any of the following: uncorrected noncompliance, untimely reporting, failure to submit information, unpaid fees, below average or unsatisfactory management reviews, or general material noncompliance. WHEDA reserves the right to gather information from other housing authorities regarding any affordable housing developments managed by the agent outside the state of Wisconsin.

The management agent listed on the application must be retained by the ownership entity for at least two (2) years after the placed in service (PIS) date unless a written request is submitted to and approved by WHEDA. If the management agent is changed without WHEDA approval during this two-year period, WHEDA reserves the right to deduct future HTC application points.

Due Date and Submission Information

Management Agent Certification forms for 2024 State and Federal Housing Tax Credit Applications must be submitted to WHEDA no later than Friday, September 15, 2023.

**There will be additional opportunities for agents seeking certification who anticipate being included on HTC applications during the non-competitive tax credit award cycle.  Information will be posted on this page at a future date.

Forms can be submitted electronically to: Max.Gorzelitz@wheda.com