234.18 Limit on amount of outstanding bonds and notes.
(1) The authority may not issue notes and bonds that are secured by a capital reserve fund to which s. 234.15 (4) applies if, upon issuance, the total aggregate outstanding principal amount of notes and bonds that are secured by a capital reserve fund to which s. 234.15 (4) applies would exceed $600,000,000. This section does not apply to bonds and notes issued to refund outstanding notes and bonds.
(2) On July 5, 2019, the amount specified in sub. (1) is increased by $200,000,000.
History: 1971 c. 287; 1975 c. 200; 1977 c. 108, 317; 1979 c. 18; 1981 c. 349; 1983 a. 36 s. 96 (4); 1985 a. 29; 1987 a. 69; 1991 a. 39; 1995 a. 27 s. 9116 (5); 1997 a. 27; 2005 a. 75; 2019 a. 9.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 234 - Wisconsin housing and economic development authority.
234.032 - Goals and accountability measures for economic development programs.
234.034 - Consistency with state housing strategy plan.
234.045 - Workforce housing rehabilitation loan program.
234.05 - Housing development fund; establishment; payments into fund.
234.06 - Use of moneys held in housing development fund; temporary loans; grants.
234.07 - Limited-profit entity; distributions.
234.08 - Notes and bonds; issuance; status.
234.09 - Same; authorization; terms.
234.10 - Same; resolution authorizing issuance, contents.
234.11 - Same; validity and effect of pledge.
234.12 - Same; personal liability of members of authority.
234.135 - Same; purchase; cancellation.
234.14 - Same; liability of state.
234.15 - Capital reserve funds.
234.16 - General reserve fund.
234.165 - Authority surplus fund.
234.17 - Repayment to general fund.
234.18 - Limit on amount of outstanding bonds and notes.
234.19 - Notes and bonds; pledge and agreement of state.
234.21 - Trustee; additional powers.
234.23 - Notice before declaration that notes or bonds are due and payable.
234.24 - System of funds and accounts.
234.255 - Economic development assistance coordination and reporting.
234.26 - Notes and bonds as legal investments.
234.265 - Records of the authority.
234.28 - Notes and bonds; exemption from taxation.
234.29 - Equality of occupancy and employment.
234.31 - Construction of chapter.
234.32 - Laws not applicable to authority.
234.35 - Minority financial interests.
234.36 - Disabled veteran-owned business financial interests.
234.40 - Bonds for veterans housing loans and other veterans assistance programs.
234.41 - Veterans housing loan fund; establishment and use.
234.42 - Veterans capital reserve fund.
234.43 - Veterans housing bond redemption fund.
234.44 - Validation of certain obligations and proceedings.
234.45 - Low-income housing tax credits.
234.49 - Housing rehabilitation.
234.50 - Bonds for housing rehabilitation loans; issuance; status.
234.51 - Housing rehabilitation loan program administration fund; establishment and use.
234.52 - Housing rehabilitation loan program loan-loss reserve fund; establishment and use.
234.53 - Housing rehabilitation loan fund.
234.54 - Housing rehabilitation loan program capital reserve fund.
234.55 - Housing rehabilitation loan program bond redemption fund.
234.59 - Homeownership mortgage loan program.
234.592 - Qualified subprime loan refinancing.
234.60 - Bonds for homeownership mortgage loans and qualified subprime loan refinancing.
234.605 - Homeowner eviction and lien protection program.
234.61 - Bonds for residential facilities for the elderly or chronically disabled.
234.621 - Property tax deferral loans; purpose.
234.624 - Transfer of interest.
234.65 - Economic development.
234.67 - Recycling loan guarantees.
234.75 - Public affairs network loan guarantee program.
234.83 - Small business development loan guarantee program.
234.84 - Job training loan guarantee program.
234.86 - Drinking water loan guarantee program.
234.88 - Emergency heating assistance loan guarantees.
234.90 - Agricultural production loan guarantees.
234.905 - Agricultural production disaster assistance loan guarantees.
234.907 - Agricultural development loan guarantee program.
234.91 - Farm assets reinvestment management loan guarantee program.
234.92 - Financial assistance; fees.
234.93 - Wisconsin development reserve fund.
234.932 - Wisconsin job training reserve fund.
234.933 - Wisconsin drinking water reserve fund.
234.95 - Community development finance company.
234.96 - Community development project participation.