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Draft:Wisconsin Housing and Economic Development Authority (WHEDA)

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  • Comment: All of the sources are primary and only indicate that WHEDA exists, not that it is in any way notable or that it has been taken note of by organizations that are not related to the government of Wisconsin. Reconrabbit 15:48, 16 September 2024 (UTC)


The Wisconsin Housing and Economic Development Authority (WHEDA) is a quasi-government entity in the US state of Wisconsin, formed by the Wisconsin Legislature to create affordable housing opportunities throughout the state.

History

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In February 1972, Patrick Lucey, the 38th Governor of Wisconsin, urged the state and federal government, in addition to the private sector, to form a housing authority to address the state's affordable housing shortage.[1]

The Wisconsin Housing Finance Authority (WHFA) was created under Chapter 234[2] by the Wisconsin Legislature. The State of Wisconsin appropriated $250,000 in initial seed money to guarantee that WHFA would be able to meet the state's housing needs.[3]

In 1983, the Wisconsin Housing Finance Authority expanded the scope of its work to economic development projects such as business and agriculture financing as well as grant funding and investment, leading to the change in name from the Wisconsin Housing Finance Authority (WHFA) to the Wisconsin Housing and Economic Development Authority (WHEDA).[4]

Headquarters

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The WHEDA Headquarters is located at 908 E. Main Street in Madison, Wisconsin.[5]

References

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  1. ^ ""State of Wisconsin Senate Journal, Eightieth Session"" (PDF). The Wisconsin State Legislature Documents. March 2, 1972. p. 2770.
  2. ^ "2010 Wisconsin Code Chapter 234 Wisconsin housing and economic development authority. 234.24 System of funds and accounts". Justia US Law.
  3. ^ ""Chapter 234 Wisconsin Housing And Economic Development Authority"" (PDF). Wisconsin State Legislature.
  4. ^ "Wisconsin Legislative Fiscal Bureau, Informational Paper 79" (PDF). Wisconsin State Legislature Documents. January 14, 2003. p. 12.
  5. ^ "WHEDA.com Contact". WHEDA.com.