Wisconsin Statutes & Annotations
Chapter 234 - Wisconsin housing and economic development authority.
234.623 - Eligibility.

234.623 Eligibility. The authority shall make loans to a participant who meets all of the following requirements:
(1) The participant applies on forms prescribed by the authority for a loan to pay property taxes or special assessments by June 30 of the year in which the taxes or special assessments are payable on a qualifying dwelling unit and, except as provided in s. 234.625 (5), specifies the names of all co-owners.
(2) The participant resides in the qualifying dwelling unit more than 6 months of the year preceding each year of participation, but temporary residency in a health care facility may be substituted for any portion of this 6-month residency.
(3) The participant keeps continuously in effect during the period that a loan is outstanding under ss. 234.621 to 234.626 a fire and extended casualty insurance policy on the qualifying dwelling unit satisfactory to the authority and permits the authority to be named on the policy as a lienholder.
(4) The participant either individually or with other co-owners owns the qualifying dwelling unit free and clear. If the qualifying dwelling unit is owned with co-owners, each of these persons must approve the application under sub. (1).
(5) The participant earned no more than $20,000 in income, as defined under s. 71.52 (5), in the year prior to the year in which the property taxes or special assessments for which the loan is made are due.
History: 1981 c. 20; 1983 a. 189 s. 329 (10); 1983 a. 544 s. 47 (1); 1985 a. 29 s. 3202 (46) (a); 1987 a. 27, 29; 1987 a. 312 s. 17; 1991 a. 269 s. 510uf; Stats. 1991 s. 16.995; 1993 a. 16 s. 130h; Stats. 1993 s. 234.623; 1999 a. 85.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 234 - Wisconsin housing and economic development authority.

234.01 - Definitions.

234.02 - Wisconsin Housing and Economic Development Authority: creation; membership; appointment and tenure; meetings; officers.

234.03 - Powers of authority.

234.032 - Goals and accountability measures for economic development programs.

234.034 - Consistency with state housing strategy plan.

234.04 - Loans to eligible sponsors of housing projects and to or for persons and families of low and moderate income.

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.

234.20 - Default; trustee.

234.21 - Trustee; additional powers.

234.22 - Venue.

234.23 - Notice before declaration that notes or bonds are due and payable.

234.24 - System of funds and accounts.

234.25 - Annual report.

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.

234.30 - Cooperation.

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.

234.622 - Definitions.

234.623 - Eligibility.

234.624 - Transfer of interest.

234.625 - Program operation.

234.626 - Loan funding.

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.

234.94 - Definitions.

234.95 - Community development finance company.

234.96 - Community development project participation.

234.97 - Sale or purchase of stock or interest.

234.98 - Transferred assets.