Gov. Evers and WHEDA new Wisconsin housing program explained

EAU CLAIRE, Wis. (WEAU) - Governor Tony Evers announced a new bill to help Wisconsinites stay in their homes on Wednesday.

Evers along with the Wisconsin Housing and Economic Development Authority (WHEDA) announced the ‘More like Home’ Repair and Renew loan program.

Helping homeowners of older homes make critical repairs that increase energy efficiency, safety and security.

$5,000 to $50,000 low interest loans are available to home owners whose houses are more than 40 years old.

WHEDA CEO and executive director Elmer Moore Jr., says these loans can help enhance property values, improve health and prevent displacement if you lose your insurance.

“WHEDA is statutorily obligated to focus our work on families who are low to moderate income...We know that even families that earn into the six figures, still need help getting access to the resources to make these vital and necessary improvements.” Moore said.

Moore continued to say that this is an opportunity to make critical energy improvements that can change how communities feel about the sustainability of their homes...

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