WHEDA Tax Advantage (Mortgage Credit Certificate)

Administered by: Wisconsin Housing and Economic Development Authority (WHEDA) · State · Tax Credit

Funding status: Active

How much assistance

Up to $2,000 per year in federal tax credits (Tax Credit)

Annual federal tax credit claimable for up to 30 years. 40% credit rate available for veterans and buyers in targeted areas.

Eligibility

  • Income limits: Varies by county and household size.
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years, unless purchasing in a targeted area or a qualifying veteran.
  • Geographic restrictions: Must purchase within Wisconsin.
  • Homebuyer education required: No

How to Apply for WHEDA Tax Advantage (Mortgage Credit Certificate)

Step 1: Contact a WHEDA-approved lender. Can be combined with WHEDA first mortgage products or used with other qualifying mortgages.

Visit program website

Notes

Can be combined with WHEDA Easy Close DPA for additional savings.

Available Statewide In