WHEDA

What WHEDA does

WHEDA (Wisconsin Housing and Economic Development Authority) is a state-chartered housing finance authority created in 1972 under Chapter 234 of the Wisconsin Statutes and headquartered in Madison, Wisconsin, with a regional office in Milwaukee. The organization administers a comprehensive portfolio of affordable housing and economic development programs targeting Wisconsin residents, developers, and small businesses. Core programs include low-cost mortgage origination for first-time homebuyers, Low-Income Housing Tax Credit (LIHTC) administration for multifamily developers, HUD Section 8 contract and Housing Choice Voucher administration, Housing Trust Fund gap financing, competitive community-development lending (Infrastructure Access, Restore Main Street, Vacancy-to-Vitality), and small business and agricultural loan guarantees. Since 1972, WHEDA has financed more than 88,700 affordable rental units, helped more than 141,800 families purchase homes, and provided more than 29,280 small business and agricultural loan guarantees.

Operationally, WHEDA functions as a self-sustaining quasi-financial authority that funds program activity through tax-exempt mortgage revenue bond issuance, loan origination and servicing economics, and administrative fee recovery rather than legislative appropriations. Mortgage products are originated through a statewide network of approved lenders, while tax credit allocation, multifamily financing, and competitive lending are handled via direct relationships with developers, municipalities, and community organizations. Internal technology platforms — eWHEDA, WHEDA-Connect, and My Loan Online — support loan servicing, borrower self-service, and partner transactions. In February 2022, WHEDA relocated to a new 93,000-square-foot Madison headquarters, materially expanding operational capacity.

WHEDA distributes programs through a mix of consumer-facing channels (wheda.com, social media, email subscriptions, an annual industry conference, housing counseling partnerships, and a speaker request program) and business-facing channels (an approved lender network, direct developer sales, and the WHEDA Foundation grant program). A 2025 FHLBank Chicago partnership brought $2.5 million to expand housing counseling statewide, benefiting more than 14,000 households. The wholly-owned WHEDA Foundation subsidiary administers housing grants and community development initiatives separately from the parent authority's regulated lending activities.

Name

WHEDA

Legal name

Wisconsin Housing and Economic Development Authority

Website

https://wheda.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Wisconsin's state-chartered housing finance authority, founded in 1972, that administers affordable mortgage lending, Low-Income Housing Tax Credits, HUD Section 8 contracts, and economic development financing programs for residents, developers, and small businesses across the state.

Ownership category

akta.pro rank

Product category

Affordable Housing Finance

NAICS

Administration of Housing Programs (92511), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

State & Local Housing Finance Agencies (HFAs) (FSALAKAA)

akta.pro secondary industries

Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM), Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE), Government-Backed CRE Lending (FHA/HUD/USDA) (FSALADAE), Mortgage Revenue Bond (MRB) & Public Housing Bond Programs (FSALAKAG), Loss Mitigation & Home Retention Servicing (Modifications/Forbearance/Repayment Plans) (FSALAEAG), Rural, Tribal & Special-Population Housing Programs (FSALAKAL)

Keywords

• Affordable housing finance
• Mortgage lending programs
• Housing tax credits
• Rental assistance administration
• Community development financing

Headquarters

HQ city

Madison

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Mortgage Lending Programs: WHEDA provides mortgage financing for home buyers through partnerships with approved lenders, generating revenue through loan origination and servicing activities.
2. Tax Credit Administration: WHEDA administers Low-Income Housing Tax Credits (LIHTC) and Housing Trust Fund programs for developers, generating compliance monitoring fees and program administration revenue.
3. Section 8 Contract Administration: WHEDA administers HUD Section 8 housing assistance programs, including voucher management and contract administration for multifamily properties.
4. Business and Agricultural Lending: WHEDA provides financing for small businesses and agricultural operations through loan guarantee programs.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

WHEDA is Wisconsin's state housing finance authority that administers affordable mortgage lending programs for home buyers, Low-Income Housing Tax Credit and Housing Trust Fund programs for multifamily developers, HUD Section 8 and Housing Choice Voucher rental assistance, and business and agricultural loan guarantees for small businesses. It delivers these programs through a network of approved lenders, direct developer partnerships, and online servicing portals, serving both individual residents and institutional partners across Wisconsin.

Product overview

WHEDA (Wisconsin Housing and Economic Development Authority) is a state housing finance agency offering a comprehensive suite of affordable housing and economic development programs. The portfolio includes mortgage lending products for homebuyers, Low Income Housing Tax Credit (LIHTC) administration, business lending, Housing Trust Fund gap financing, and HUD Section 8 contract administration. Supporting platforms include eWHEDA, WHEDA-Connect, and My Loan Online internal systems. The organization works with lenders, developers, local government, nonprofits, and community groups to implement low-cost financing programs, having financed over 88,700 affordable rental units, helped 141,800+ families purchase homes, and made 29,280+ small business and agricultural loan guarantees since 1972.

Differentiator

Problem solved

Functional benefit

Products and services

• WHEDA Mortgage Loans Low-cost mortgage financing programs for Wisconsin home buyers, including first-time homebuyer programs, conventional loans, and FHA-sponsored origination options, delivered through WHEDA's approved lender network.
• Housing Tax Credits (LIHTC) Low Income Housing Tax Credit program providing federal tax credits to developers for the production and preservation of affordable rental housing in Wisconsin.
• WHEDA Business Lending Financing products for Wisconsin small businesses and agricultural operations, including loan guarantees and business development support.
• Housing Trust Fund Gap financing program providing low-interest loans to developers for affordable housing development in Wisconsin.
• HUD Section 8 Contract Administration Administering Housing Choice Voucher contracts and rent assistance programs for multifamily properties in Wisconsin, including contract administration and compliance monitoring.
• WHEDA Foundation Housing Grant Program Grant program supporting affordable housing initiatives across Wisconsin communities, administered by the WHEDA Foundation.
• Competitive Loan Financing Programs Specialized financing including Infrastructure Access, Restore Main Street, and Vacancy-to-Vitality programs for Wisconsin community development.
• Housing Choice Voucher (HCV) Program Rental assistance program helping low-income Wisconsin families afford decent housing in the private market, with voucher administration through hcv.wheda.com.
• Housing Counseling Resource Program Financial education, credit preparation, homebuyer support, and foreclosure prevention services delivered to Wisconsin families through partner housing counselors.

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/wisconsinhousing
• Facebookfacebook.com/wheda.wi
• LinkedInlinkedin.com/company/wheda?trk=cp_followed_name_wheda
• Xx.com/WHEDAadvantage

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WHEDA