WHEDA was created in 1972 by the Wisconsin Legislature as an independent authority, not a state agency. As a lender, WHEDA has over $3 billion in assets.
WHEDA was created in 1972 by the Wisconsin Legislature as an independent authority, not a state agency. As a lender, WHEDA has over $3 billion in assets. WHEDA programs fundamentally do not rely on tax dollars. Instead, proceeds from the sale of revenue bonds allow the WHEDA to fund financing programs that help stimulate affordable housing and economic development throughout the state. • WHEDA Small Business Guarantee (WSBG) - Helps acquire or expand a small business with favorable financing terms. • Contractors Loan Guarantee (CLG) - Helps contractors complete contracts and build their business. • Neighborhood Business Revitalization Guarantee (NBRG) - Helps to bring or expand business, or develop or rehabilitate commercial real estate in an urban area. • Agribusiness Guarantee (AgBG) - Helps new or existing businesses obtain financing on favorable terms to develop or expand production of products using Wisconsin's raw agricultural commodities. • Wisconsin Venture Debt Fund - Designed to provide debt financing to growth companies that create new, high-quality jobs in Wisconsin. These debt funds are intended to be complimentary to early stage equity allowing companies to access capital at predictable costs. View more information at the WHEDA website at https://www.wheda.com/