Wisconsin § 234.623 Eligibility.

Wisconsin Statutes

§ 234.623 — Eligibility.

Wisconsin § 234.623

Ch. 234Wisconsin housing and economic development authority

Subch.subch. I of ch. 234 SUBCHAPTER I

GENERAL PROVISIONS; HOUSING AND ECONOMIC DEVELOPMENT PROGRAMS

This text of Wisconsin § 234.623 (Eligibility.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 234.623 (2026).

Text

623  The authority shall make loans to a participant who meets all of the following requirements:
623(1) (1) The participant applies on forms prescribed by the authority for a loan to pay property taxes or special assessments by June 30 of the year in which the taxes or special assessments are payable on a qualifying dwelling unit and, except as provided in s. 234.625 (5) , specifies the names of all co-owners.
623(2) (2) The participant resides in the qualifying dwelling unit more than 6 months of the year preceding each year of participation, but temporary residency in a health care facility may be substituted for any portion of this 6-month residency.
623(3) (3) The participant keeps continuously in effect during the period that a loan is outstanding under ss. 234.621 to

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234.623 The authority shall make loans to a participant who meets all of the following requirements:
234.623(1) (1) The participant applies on forms prescribed by the authority for a loan to pay property taxes or special assessments by June 30 of the year in which the taxes or special assessments are payable on a qualifying dwelling unit and, except as provided in s. 234.625 (5) , specifies the names of all co-owners.
234.623(2) (2) The participant resides in the qualifying dwelling unit more than 6 months of the year preceding each year of participation, but temporary residency in a health care facility may be substituted for any portion of this 6-month residency.
234.623(3) (3) The participant keeps continuously in effect during the period that a loan is outstanding under ss. 234.621 to 234.626 a fire and extended casualty insurance policy on the qualifying dwelling unit satisfactory to the authority and permits the authority to be named on the policy as a lienholder.
234.623(4) (4) The participant either individually or with other co-owners owns the qualifying dwelling unit free and clear. If the qualifying dwelling unit is owned with co-owners, each of these persons must approve the application under sub. (1) .
234.623(5) (5) The participant earned no more than $20,000 in income, as defined under s. 71.52 (5) , in the year prior to the year in which the property taxes or special assessments for which the loan is made are due.

Legislative History

234.623 History History: 1981 c. 20 ; 1983 a. 189 s. 329 (10) ; 1983 a. 544 s. 47 (1) ; 1985 a. 29 s. 3202 (46) (a) ; 1987 a. 27 , 29 ; 1987 a. 312 s. 17 ; 1991 a. 269 s. 510uf ; Stats. 1991 s. 16.995; 1993 a. 16 s. 130h ; Stats. 1993 s. 234.623; 1999 a. 85 .