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Submission declined on 8 May 2024 by KylieTastic (talk).
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Submission declined on 7 May 2024 by Shadow311 (talk). This submission does not appear to be written in the formal tone expected of an encyclopedia article. Entries should be written from a neutral point of view, and should refer to a range of independent, reliable, published sources. Please rewrite your submission in a more encyclopedic format. Please make sure to avoid peacock terms that promote the subject. Declined by Shadow311 3 months ago. |
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.
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]
The WHEDA Headquarters is located at 908 E. Main Street in Madison, Wisconsin.[5]
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