Wisconsin Statutes 16.303 – Housing cost grants and loans
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Terms Used In Wisconsin Statutes 16.303
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Minor: means a person who has not attained the age of 18 years, except that for purposes of investigating or prosecuting a person who is alleged to have violated a state or federal criminal law or any civil law or municipal ordinance, "minor" does not include a person who has attained the age of 17 years. See Wisconsin Statutes 990.01
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
(1) The department shall do all of the following:
(a) Subject to sub. (2), make grants or loans, directly or through agents designated under s. 16.304, from the appropriation under s. 20.505 (7) (b) to persons or families of low or moderate income to defray housing costs of the person or family.
(b) Determine the rate of interest, repayment terms or any other term of a loan made under this section.
(c) Set minimum standards for housing that is occupied by a person or family of low or moderate income who receives a grant or loan under this section.
(2) In connection with grants and loans under sub. (1), the department shall do all of the following:
(a) Base the amount of the grant or loan on the ratio between the recipient’s housing costs and income.
(d) Ensure that the funds for the grants and loans are reasonably balanced among the varying housing needs of persons or families of low or moderate income.
(e) Give priority for grants and loans to all of the following:
1. Homeless individuals and families.
2. Elderly persons.
3. Physically disabled persons.
5. Families in which at least one minor child but only one parent live together.
6. Families with 4 or more minor children living together.
7. Other persons or families that the department determines have particularly severe housing problems.
(3)
(a) The department may make grants or loans under sub. (1) (a) directly or through agents designated under s. 16.304.
(b) The department may administer and disburse funds from a grant or loan under sub. (1) (a) on behalf of the recipient of the grant or loan.