Gov. Tony Evers, together with the Wisconsin Housing and Economic Development Authority (WHEDA), announced in a press release today that WHEDA has reached an all-time home purchase record in its 52-year history. According to WHEDA data, its single-family team has closed 240% more home purchases than the previous year.
At the end of fiscal year 2023, WHEDA closed 1,121 home purchases valued at $190 million. With time remaining in the 2024 fiscal year, the single-family team has closed more than 2,700 home loans exceeding $558 million. The previous all-time high at WHEDA was in 2006 when mortgage lending reached $557.4 million.
Additional information on WHEDA’s single-family loan products can be found here.
