Wisconsin’s affordable housing developers and owners will be relieved of regulatory redundancies and burdens on receiving government financial assistance for low and moderate income housing developments as a result of a Memorandum of Understanding signed last week.

USDA Rural Development State Director, Stan Gruszynski (left) signs the Subsidy Layering Review MOU agreement with WHEDA Executive Director, Wyman Winston; and HUD Midwest Regional Administrator, Antonio Riley at the WHEDA Offices in Madison, WI on February 27, 2012.

USDA Rural Development, the US Department of Housing and Urban Development (HUD), and the Wisconsin Housing and Economic Development Authority (WHEDA) jointly announced the implementation of the program at a signing ceremony in Madison, Wis. Read more »