MADISON, Wis. (WRN) — The Wisconsin Housing and Economic Developing Authority have announced a new plan for tax credits and housing efforts.
The plan sets priorities for awarding federal and state housing tax credits over the next two years, building on efforts that have already supported more than 33-thousand housing units since 2019. In the latest funding cycle, nearly $85 million helped create close to 3,800 units across 40 communities.
The new plan increases award limits, updates scoring criteria and introduces caps and new categories to better distribute funding, hoping to improving affordability and meeting housing needs statewide.
