Gov. Evers, WHEDA Announce $2.5 Million Affordable Housing Loan Program Awards

MADISON — Gov. Tony Evers, together with the Wisconsin Housing and Economic Development Authority (WHEDA), today announced over $2.5 million to support three new housing developments, providing more than 120 new workforce housing units in communities across the state. The funding is provided by the Vacancy-to-Vitality and Infrastructure Access Loan Programs, which were created through bipartisan legislation and supported by $525 million—the largest state investment in workforce housing in state history—provided by the 2023-25 Biennial Budget signed into law by Gov. Evers. To date, this funding has supported the development of over 1,000 workforce housing units statewide, with many more to go.

“Housing is one of the issues I hear most about everywhere I go, and it’s an issue that connects dots between some of the most pressing issues facing our state, from our kids’ success in the classroom to bringing talented folks to our workforce,” said Gov. Evers. “I was proud to sign into law the largest state investment in workforce housing in our state’s history, and it’s great to see these funds go out the door to communities across our state. During my administration, more than 17,000 affordable housing units have been built in Wisconsin, and with these critical programs and millions of dollars left to award, we’re not slowing down anytime soon.”...