Wisconsin Housing and Economic Development Authority

Agency Performance Dashboard

AGENCY DESCRIPTION

WHEDA's mission is to stimulate the state's economy and improve quality of life for Wisconsin residents by providing affordable housing and business financing products. WHEDA is an independent authority, not a state agency, and receives no state tax dollars for its programs and operations.

DASHBOARD ARCHIVES

RELATED LINKS

Website:   http://www.wheda.com

Goal Met Key
goal met, goal not met, goal in progress. As determined by comparison of current data and target.

Trend Key
  trending in favorable direction,     trend is holding,     trending in unfavorable direction.

Economic Development

Net income

Metric Definition

Continue strong earnings to support current and future operations.

Goal Met Current Previous Target Trend
$8,708,800 $7,336,000* $32,474,000

Reporting Cycle: Annual (state fiscal year July 1, 2017 - June 30, 2018)

Additional Details: Net income before the market rate adjustment for investments. Target represents WHEDA's net income projection represented in its FY 2017-18 budget approved by the WHEDA Members of the Board.

*The Previous column contains data for the same year-to-date time period in the prior fiscal year (FY17).

Credit rating

Metric Definition

Maintain a superior Issuer Credit Rating (ICR), which enables WHEDA to access the capital markets and obtain credit at reasonable terms.

Goal Met Current Previous Target Trend
S&P: AA-
Moody's: Aa3
S&P: AA-
Moody's: Aa3
S&P: AA-
Moody's: Aa3

Reporting Cycle: Annual (calendar year)

Additional Details: WHEDA's long-term ICR and bond resolution ratings remain unchanged with a stable outlook.

Mortgage loans funded

Metric Definition

Increase Single Family mortgage loans funded.

Goal Met Current Previous Target Trend
$116,108,000 $102,877,000* $350,000,000

Reporting Cycle: Annual (state fiscal year July 1, 2017 - June 30, 2018)

Additional Details: Target represents WHEDA's mortgage lending projection represented in its FY2017-18 budget approved by the WHEDA Members of the Board.

*The Previous column contains data for the same year to date time period in the prior fiscal year (FY17).

Multifamily loans funded

Metric Definition

Maintain multifamily loans funded based on current market conditions.

Goal Met Current Previous Target Trend
$31,957,100 $12,032,000* $168,797,400

Reporting Cycle: Annual (state fiscal year July 1, 2017 - June 30, 2018)

Additional Details: "Target represents WHEDA's multifamily lending projection represented in its FY2017-18 budget approved by the WHEDA Members of the Board.

*The Previous column contains data for the same year to date time period in the prior fiscal year (FY17).

Economic development loans funded

Metric Definition

Maintain economic development participation loans funded based on current market conditions.

Goal Met Current Previous Target Trend
$2,566,800 $0* $5,000,000

Reporting Cycle: Annual (state fiscal year July 1, 2017 - June 30, 2018)

Additional Details: Target represents WHEDA's participation lending projection represented in its FY2017-18 budget approved by the WHEDA Members of the Board.

*The Previous column contains data for the same year to date time period in the prior fiscal year (FY17).

Low-Income housing tax credit allocation

Metric Definition

Continued allocation of federal Low-Income Housing Tax Credits (LIHTC) in Wisconsin.

Goal Met Current Previous Target Trend
N/A N/A $14.2 million $14 Million N/A

Reporting Cycle: Annual (state fiscal year July 1, 2017 - June 30, 2018)

Additional Details: LIHTC's are allocated annually during the 3rd quarter of FY2018. Amount of allocation based on federal resources.

Housing foundation grants

Metric Definition

Continue housing grant awards of $500,000 for special-needs housing providers.

Goal Met Current Previous Target Trend
N/A N/A $500,000 $500,000 N/A

Reporting Cycle: Annual (state fiscal year July 1, 2017 - June 30, 2018)

Additional Details: Housing grant awards are awarded annually. Award competition begins in 3rd quarter with grants allocated during the 4th quarter of FY2018.

Open and Transparent Government

Total number of public records requests received

Metric Definition

Total number of public records requests received from 12am CST, July 1, 2017 through 11:59pm September 30, 2017.

Current Previous Trend
11 15

Reporting Cycle: Quarterly (July 1, 2017 - September 30, 2017)

Additional Details: Executive Order #235requires agencies to post public records metrics. Requests may be received verbally or in writing and are logged by the agency when received.

Total number of public records requests completed

Metric Definition

Total number of public records requests completed from 12am CST, July 1, 2017 through 11:59pm September 30, 2017.

Current Previous Trend
11 15

Reporting Cycle: Quarterly (July 1, 2017 - September 30, 2017)

Additional Details: Executive Order #235 requires agencies to post public records metrics. Completed or closed means no further action is required by the agency. Requests completed during this reporting cycle may have been initiated during a previous quarter.

Average time taken to fulfill public records requests

Metric Definition

Total time taken (in business days) to fulfill public records requests divided by the total number of public records requests completed in this reporting cycle (from 12am CST, July 1, 2017 through 11:59pm September 30, 2017).

Goal Met Current Previous Target Trend
2.09 days 4.47 days 10 days

Reporting Cycle: Rolling average updated quarterly (July 1, 2017 - September 30, 2017)

Executive Order #235 requires agencies to post public records metrics. This metric includes requests fulfilled this quarter although the requests may have been initiated in a previous quarter. Weekends, legal holidays, time spent waiting due to an open investigation or assessment, time spent waiting for payment of invoices, and time spent waiting for clarification from requestor are not counted in total business days. Requests received and fulfilled within one business day are calculated as zero days. Fulfilled means no further action is required by the agency. This is the first quarter reporting this metric. Previous and trend will not be available until the next reporting cycle.

Percentage of public records requests acknowledged within one business day

Metric Definition

Percentage of public records requests sent to the agency's primary public requests inbox and acknowledged by the next business day (received from 12am CST, July 1, 2017 through 11:59pm September 30, 2017.

Goal Met Current Previous Target Trend
90.90% 86.67% 100%

Reporting Cycle: Quarterly (July 1, 2017 - September 30, 2017)

Additional Details: This does not include requests sent via channels other than the primary public requests inbox. Acknowledged is defined as a response sent back to requestor by the next business day. Business days do not include weekends or legal holidays.

Percentage of current employees completing public records training

Metric Definition

Percentage of current employees that completed public records training by March 1 of each calendar year.

Goal Met Current Previous Target Trend
100% 100% 100%

Reporting Cycle: Annual (March 1, 2017 - February 28, 2018)

Additional Details: Public records training is available to state employees via our enterprise learning management system. All state employees (permanent, project, and limited term) are required to complete this training. This metric is measured annually on March 1 for employees that started before February 1. Data does not include employees who completed the training, but left employment before the end of the reporting cycle.

Percentage of new employees completing public records training

Metric Definition

Percentage of new employees that completed public records training within 30 calendar days of their start date.

Goal Met Current Previous Target Trend
100% 100% 100%

Reporting Cycle: Rolling average updated quarterly (July 1, 2017 - September 30, 2017)

Additional Details: Public records training is available to state employees via our enterprise learning management system. All new state employees (permanent, project, and limited term) are required to complete the training within 30 calendar days of their start date.

Percentage of exiting employees that received notice of public records retention obligations

Metric Definition

Percentage of exiting employees that received notice of public records retention obligations on or before last day of employment.

Goal Met Current Previous Target Trend
100% 0% 100%

Reporting Cycle: Quarterly (July 1, 2017 - September 30, 2017)

Additional Details: It is required that all exiting employees receive notice of public records retention obligations on or before their last day of employment.


ABOUT

Agency performance dashboards include cabinet agencies and are updated quarterly during the state fiscal year (July 1-June 30).

CONTACT INFORMATION

Department of Administration
101 E. Wilson St. Madison, WI 53703
Phone: 608-266-1741
Email: WIAgencyPerformance@wisconsin.gov

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