How to apply for Property Tax Deferral Loan Program (WHEDA) — Wisconsin

Who it's for

WHEDA's Property Tax Deferral Loan Program lets homeowners 65 and older (co-owner 60+) with limited income defer property taxes: WHEDA pays the tax bill as a low-interest loan repaid when the home is sold or transferred. Eligible veterans of any age may also apply. Apply to WHEDA by June 30 of the year the taxes are due. Call WHEDA at 1-800-334-6873 for the current income limit and application.

What you'll need

• Property tax bill
• Proof of age and ownership
• Income documentation (limit set by WHEDA)
• Homeowner's insurance proof

Where to apply

What to say when you call

"Hello, I'm calling to ask about Property Tax Deferral Loan Program (WHEDA) — Wisconsin. I'd like to know whether I may qualify, what documents I need, and whether I can apply online, by mail, by phone, or in person. I understand I may need property tax bill, proof of age and ownership, income documentation (limit set by WHEDA) — is anything else required? What is the best next step?"

Tip: have a pen ready, ask for the person's name, and write down any case or reference number they give you.

Step by step

1. Check that this program fits your situation. It is a low-interest loan that lets you defer property taxes, and it is repaid when the home is sold or transferred.
2. Call WHEDA at 1-800-334-6873 to ask for the current income limit, any current fees, and the application.
3. Gather the needed papers: your property tax bill, proof of age and ownership, income documentation, and proof of homeowner's insurance.
4. Apply with WHEDA online or by phone at 1-800-334-6873.
5. Submit your application by June 30 of the year the taxes are due.
6. Ask WHEDA if anything else is needed and keep copies of the information you submit.

What to expect: After you apply, WHEDA will review your application and may contact you if more information is needed. Processing times vary, so ask WHEDA for an estimate. If approved, this help is a loan against the home, not a grant, and it is repaid when the home is sold or transferred. You need to apply each year, and the income limit and fees are set by WHEDA, so call for the current figures when you renew.

Renewals

annual