WHEDA Loans - A Unique Opportunity for 1st Time Home Buyers in Wisconsin
The Wisconsin State Legislature created the Wisconsin Housing and Economic Development Authority (WHEDA) in 1972 to meet a vital need for affordable housing for low and moderate income residents. Further legislation in 1983 broadened WHEDA’s mission to include both small business & farming financing options. WHEDA is an independent authority, they are not a state agency. WHEDA is a lender, they are not a granting Agency. unique online mortgage loans WHEDA issues bonds and notes for sale to finance housing development for homebuyers at attractive rates and terms. A partnership between WHEDA and the US Department of Agriculture - Rural Development that provides affordable home financing for Wisconsin’s rural residents.