WHPC is proud of the role we have played – and will continue to play – in addressing Wisconsin’s affordable housing challenges.
Since our creation as the Wisconsin Housing Preservation Trust in the mid-1990s, WHPC has preserved or developed more than 8,600 units of affordable rental housing in more than 230 properties across our state. Our reach is truly statewide – with properties in 57 of Wisconsin’s 72 counties.
Our portfolio contains a wide mix of properties – including a substantial number of units designed to meet the needs of seniors across the state, units with three or more bedrooms to accommodate families with children, and housing designed to help those residents needing supportive services to remain independent.
As existing affordable properties approach the end of their required affordability period, there is a risk that those properties could revert to market-rate rents. WHPC is in a unique position as a large, financially strong, nonprofit to acquire those properties at risk of conversion to market-rate, and preserve them as long-term affordable properties. In the past 18 months, WHPC has acquired six properties containing more than 500 units – ensuring that the units will remain affordable into the future. Acquisitions of additional properties will continue to be a focus for WHPC in the years to come.
While preservation is at the heart of WHPC’s work – we know that the addition of new affordable housing units is a key component of the affordable housing crisis. We are actively looking at sites across the state for potential new construction projects. Solving the economic puzzle brought about by rising construction costs and interest rates will certainly be a challenge for WHPC as we pursue development opportunities.
Affordable Housing Properties
Counties in Wisconsin
Stories from Our Residents
Jeneen was the first tenant to move into City Place Apartments but her journey getting there was one of determination.
More access to affordable housing will attract not just a more diverse population and workforce, it will help organizations within communities retain talent and thrive.