WHEDA Capital Access Advantage DPA

What is WHEDA Capital Access Advantage DPA?

WHEDA Capital Access Advantage DPA is a deferred second loan for homebuyers in Wisconsin, administered by Wisconsin Housing and Economic Development Authority (WHEDA).

• A $7,500, 0% interest deferred second mortgage (no monthly payments, due on first-mortgage payoff) used with a WHEDA Advantage first mortgage. Relaunched 1/15/2026 with limited funding.
• Flat $7,500.
• 0% interest.
• No monthly payments (deferred).
• Up to 100% financing.
• Lower income limits target affordability.
• Funding comes from State.

How much assistance does it provide?

WHEDA Capital Access Advantage DPA offers between $7,500 and $7,500 in assistance.

• The program can be combined with WHEDA Advantage Conventional, WHEDA Advantage FHA, and WHEDA Tax Advantage MCC.
• Amounts are the program's published maximums, not an offer — Wisconsin Housing and Economic Development Authority (WHEDA) determines any individual award.

Do you have to pay it back?

WHEDA Capital Access Advantage DPA is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

• Repayment is triggered by No monthly payments and Paid in full when first mortgage pays off.
• The assistance is recorded in 2nd Lien position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

WHEDA Capital Access Advantage DPA is open to buyers who will live in the home as their primary residence.

What are the income limits?

WHEDA Capital Access Advantage DPA sets its income limit as follows: Lower Capital Access income limits (eff 1/15/2026): 1-person $52,000-$72,950; 4-person $74,250-$104,200 by county.

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

WHEDA Capital Access Advantage DPA can be used for Single Family, Condo, 2-4 Unit, and Manufactured.

• New construction is eligible.
• Manufactured homes are eligible.

Where does it apply?

WHEDA Capital Access Advantage DPA serves buyers purchasing anywhere in Wisconsin.

How do you apply?

Applications for WHEDA Capital Access Advantage DPA go through Wisconsin Housing and Economic Development Authority (WHEDA), which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through HUD-approved agency, WHEDA-approved PMI provider, eHomeAmerica, or Framework.

2. 2

   Contact Wisconsin Housing and Economic Development Authority (WHEDA) to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.