Gov. Evers, WHEDA: Announce $32 million in housing tax credits

Gov. Evers, WHEDA: Announce $32 million in housing tax credits

MADISON – Gov. Tony Evers and Wisconsin Housing and Economic Development Authority (WHEDA) CEO and Executive Director Elmer Moore, Jr., announced today that developers of affordable multifamily housing will receive over $32 million in federal and state tax credits to help address Wisconsin’s housing shortage.

“Housing tax credits have a proven track record of expanding affordable housing in our state – supporting our workforce, our families, and the well-being of our communities – and demand for these highly competitive housing tax credits continues to outpace supply emphasizing the need for affordable housing in our rural and urban areas alike,” said Gov. Evers. “Together we can drive economic vitality, leverage private capital, strengthen our workforce, maintain our economic momentum, and help ensure housing security for folks across our state.” ...


Ken Notes: I wish we had a program for communities to acquire land and mandate smaller homes for sale to our workforce economy.

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- - Volume: 11 - WEEK: 18 Date: 5/4/2023 9:55:40 AM -