We are able to offer low interest loans for various types of situations, such as downpayment and rehabilitation programs for housing and commerical properties located in the City of Wausau.  Potential clients must meet income guidelines as published by the Department of Housing and Urban Development (HUD).  


Down-Payment Assistance Program

The City of Wausau has funds available for assistance with downpayment and closing costs related to purchasing a house within the City of Wausau.  Funds are provided on low-interest deferred installment loans on a first-come, first served basis.  Community Development will be accepting applications for this program by appointment only. You may complete the Down-Payment Assistance Application and then return it with the documentation stated on the brochure.  Clients must meet the above income guidelines to qualify for the program.  For additional information, see our Downpayment Brochure.

The City, along with our partners - the Wausau Region Chamber of Commerce, the Community Foundation of North Central Wisconsin, Wisconsin Housing and Economic Development Authority and local businesses - are proud to announce a new home purchase downpayment assitance program called Live It Up.  For more information, visit the Live It Up website.

Please contact Community Development at 715-261-6680 with any questions.

The City of Wausau's downpayment program may also be partnered with WHEDA's Capital Access Advantage Program and the Federal Home Loan Bank's Downpayment Plus Program.  Both of these programs can be accessed through participating local lenders.  For more information, click on the following:

Capital Access Advantage                                        Downpayment Plus

Homeowner Rehabilitation Program

The City of Wausau has funds are available for necessary home improvements on a city-wide basis by providing low interest, deferred loans on a first come-first served basis.  There is currently a waiting list for this program.  Clients must meet the above income guidelines to qualify.  You must complete the Homeowner Rehabilitation application and return it along with the following items to be added to the waiting list.  You will be contacted once your name reaches the top of the waiting list to verify if you are still interested and/or still eligible for the program.  Please include the following with your application:

  • Most recent years income tax returns (Federal & State) with W2's (two years if self-employed)
  • Property tax bill
  • Homeowner Insurance Policy
  • Verification of Income
    • Check stubs (4 continuous)
    • Pension award letter(s)
    • Social Securtiy or SSI award letter(s)
    • Child Support Documentation
  • Assets Information (2-months statements of: checking, savings, cd's, stocks, bonds, etc.)
  • Copies of last two Mortgage statements
  • If applicable, copy of Final Divorce Decree and/or child support documentation
  • Signed General Authorization

For more information, please see our Homeowner Rehabilitation Program brochure.

Please contact Tammy Stratz at 261-6682 with any questions.

WHEDA Homestyle Renovation Program - Guidelines

Rental Rehabiliation Program

The City of Wausau has funds available to assist Landlords with renovations and improvements on properties within the City of Wausau.  Funds are provided as low interest deferred installment loans on a first-come, first serve basis.  For more information, please see our Rental Rehabilitation Program Guidelines.

Rental Rehabilitation Income Guidelines
as of 6/1/18

One Two Three Four Five Six Seven Eight
$30,540 $34,920 $39,300 $43,620 $47,160 $50,640 $54,120 $57,600

Please contact Tammy Stratz at 261-6682 with any questions or complete application and return to Community Development.

Please fill out a Tenant certification for each occupied unit.

Commercial Rehabilitation Program

The Wausau Commerical Rehabilitation Program is a loan program designed to stimulate rehabilitation and redevelopment of commerical real estate in downtown Wausau.  For more information, please see our Commerical Rehabilitation Program Guidelines.

Please contact Tammy Stratz at 261-6682 with any questions or complete application and return to Community Development.