1. Alternative Financing solutions with wheda
Stuart Kuzik - (Interim) Director, Business & Community Engagement Group
Wisconsin Housing & Economic Development Authority
May 2018

2. What is wheda? Created 45 years ago
Independent Authority Established by the State of Wisconsin
Housing AND Economic Development
Mission-based organization
WHEDA’s mission is to stimulate the state’s economy and improve the quality of life for Wisconsin residents by providing affordable housing and business financing products.

3. Economic tools available for Lenders across Wisconsin
Participation Lending Program
WHEDA can finance up to 50% or $2 million per loan, whichever is lower
WHEDA must partner with a lead agent lender
Can be used to acquire equipment, land, or building and/or renovate or expand a business facility
Can be for-profit or nonprofit project, but must be associated with job growth and job retention

4. Economic tools available for communities across Wisconsin
Limited Loan Guarantees
Can provide limited loan guarantees depending on type of loan & underlying collateral
Offer seven different guarantees for an array of businesses, sectors, and sizes
Can guarantee to purchase/improve land, buildings, inventory, equipment…even livestock!

5. Additional Resources There are Several Location Based Resources
New Market Tax Credit (NMTC)
Two main types
Opportunity Zones
More information should be coming with regulatory guidance anticipated later this year

6. Leverage wheda relationships
Community Relationships and Resources
Community Development Organizations
Additional Agency Resources

7. Continued innovation New Products and Financial Resources
WHEDA continues to source additional resources to help fulfill our mission
Please provide feedback so we can better serve our statewide partners

8. Other ways to work with wheda
CRA – Community Reinvestment Act
Multiple avenues for partnership which address CRA requirements
Patient Capital Lending
WHEDA Foundation Charitable Contributions
Single Family Mortgages
Work as a partner lender making home ownership affordable for families in WI

9. Engage with wheda
Have a question, potential project, or referral for WHEDA Economic Development financing?
Contact a regional BCE Officer.