WHEDA Awards $319 Million in LIHTCs to Build 2,039 Homes

Tuesday, April 28, 2020 - 11:15am

The Wisconsin Housing and Economic Development Authority (WHEDA) announced the award of $319 million in federal and state low-income housing tax credits (LIHTCs) over 10 years to 34 properties that will build a combined 2,039 homes. The awards include $159.9 million in 9 percent federal LIHTCs, $79.5 million in 4 percent state LIHTCs and $79.6 million in 4 percent federal LIHTCs, which will be paired with the state 4 percent credits. WHEDA said there were requests for $610 million in LIHTCs.