16.25(6)
(6) Annually, on or before December 31, the board shall submit a report to the chief clerk of each house of the legislature under
s. 13.172 (2) describing the activities of the board.
16.25 History
History: 1999 a. 105.
16.25 Cross-reference
Cross Reference: See also ch.
VFF-EMT 1, Wis. adm. code.
16.255
16.255
College savings program vendor. 16.255(1)
(1) The department shall determine the factors to be considered in selecting a vendor of the program under
s. 14.64, which shall include:
16.255(1)(a)
(a) The person's ability to satisfy record-keeping and reporting requirements.
16.255(1)(b)
(b) The fees, if any, that the person proposes to charge account owners.
16.255(1)(c)
(c) The person's plan for promoting the college savings program and the investment that the person is willing to make to promote the program.
16.255(1)(d)
(d) The minimum initial contribution or minimum contributions that the person will require.
16.255(1)(e)
(e) The ability and willingness of the person to accept electronic contributions.
16.255(1)(f)
(f) The ability of the person to augment the college savings program with additional, beneficial services related to the program.
16.255(2)
(2) The department shall solicit competitive sealed proposals under
s. 16.75 (2m) from nongovernmental persons to serve as vendor of the college savings program. The department shall select the vendor based upon factors determined by the department under
sub. (1).
16.255(3)
(3) The contract between the department and the vendor shall ensure all of the following:
16.255(3)(a)
(a) That the vendor reimburses the state for all administrative costs that the state incurs for the college savings program.
16.255(3)(b)
(b) That a firm of certified public accountants selected by the vendor annually audits the college savings program and provides a copy of the audit to the college savings program board.
16.255(3)(c)
(c) That each account owner receives a quarterly statement that identifies the contributions to the college savings account during the preceding quarter, the total contributions to and the value of the college savings account through the end of the preceding quarter and any distributions made during the preceding quarter.
16.255(3)(d)
(d) That the vendor communicate to the beneficiary and account owner the requirements of
s. 14.64 (8).
16.255 History
History: 1999 a. 44;
2001 a. 38 s.
12.
HOUSING ASSISTANCE
16.30
16.30
Definitions. In this subchapter:
16.30(1)
(1) "Community-based organization" means an organization operating in a specific geographic area that is organized primarily to provide housing opportunities for persons or families of low or moderate income, and that is one of the following:
16.30(1)(c)
(c) A federally recognized American Indian tribe or band in this state or an entity established by a federally recognized American Indian tribe or band.
16.30(2)
(2) "Housing authority" means any of the following:
16.30(2)(b)
(b) A redevelopment authority or housing and community development authority exercising the powers of a housing authority under
s. 66.1333 (3) or
66.1335 (4).
16.30(2)(c)
(c) A housing authority organized by the elected governing body of a federally recognized American Indian tribe or band in this state.
16.30(3)
(3) "Housing costs" means whichever of the following applies:
16.30(3)(a)
(a) For housing occupied by the owner, any of the following:
16.30(3)(a)1.
1. The principal and interest on a mortgage loan that finances the purchase of the housing.
16.30(3)(a)2.
2. Closing costs and other costs associated with a mortgage loan.
16.30(3)(a)7.
7. If the housing is owned and occupied by members of a cooperative, fees paid to a person for managing the housing.
16.30(3)(b)
(b) For rented housing, any of the following:
16.30(3)(b)3.
3. Utility-related costs, if not included in the rent.
16.30(6)
(6) "Utility-related costs" means costs related to power, heat, gas, light, water and sewerage.
16.30 Cross-reference
Cross Reference: See also s.
Adm 18.01, Wis. adm. code.
16.31
16.31
State housing strategy plan. 16.31(1)(a)(a) The department shall prepare a comprehensive 5-year state housing strategy plan. The department shall submit the plan to the federal department of housing and urban development.
16.31(1)(b)
(b) In preparing the plan, the department may obtain input from housing authorities, community-based organizations, the private housing industry and others interested in housing assistance and development.
16.31(2)
(2) The state housing strategy plan shall include all of the following:
16.31(2)(a)
(a) A statement of housing policies and recommendations.
16.31(2)(b)
(b) An evaluation and summary of housing conditions and trends in this state, including housing stock and housing cost analyses, general population and household composition demographic analyses and housing and demographic forecasts.
16.31(2)(c)
(c) An evaluation of housing assistance needs, based in part on the evaluation under
par. (b).
16.31(2)(d)
(d) A discussion of major housing issues, including housing production, housing and neighborhood conservation, housing for persons with special needs, fair housing and accessibility and housing affordability.
16.31(2)(e)
(e) Housing policies that set the general framework for this state's housing efforts.
16.31(2)(f)
(f) Strategies for utilizing federal funding and for coordinating federal and state housing efforts.
16.31(2)(g)
(g) Specific recommendations for public and private action that contribute to the attainment of housing policies under the plan.
16.31(3)
(3) The department shall annually update the state housing strategy plan.
16.31(4)
(4) Before October 1 of each year, the department shall submit the state housing strategy plan to the governor and to the chief clerk of each house of the legislature for distribution to the legislature under
s. 13.172 (2).
16.31 History
History: 1991 a. 39;
1997 a. 27.
16.33
16.33
Housing cost grants and loans. 16.33(1)
(1) The department shall do all of the following:
16.33(1)(a)
(a) Subject to
sub. (2), make grants or loans, directly or through agents designated under
s. 16.334, from the appropriations under
s. 20.505 (7) (b) and
(j) to persons or families of low or moderate income to defray housing costs of the person or family.
Effective date note
Note: Par. (a) is amended eff. 7-1-03 by
2001 Wis. Act 109 to read:
Effective date text
(a) Subject to sub. (2), make grants or loans, directly or through agents designated under s. 16.334, 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.
16.33(1)(b)
(b) Determine the rate of interest, repayment terms or any other term of a loan made under this section.
16.33(1)(c)
(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.
16.33(2)
(2) In connection with grants and loans under
sub. (1), the department shall do all of the following:
16.33(2)(a)
(a) Base the amount of the grant or loan on the ratio between the recipient's housing costs and income.
16.33(2)(c)
(c) Ensure that the funds for the grants and loans are reasonably balanced among geographic areas of this state.
16.33(2)(d)
(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.
16.33(2)(e)
(e) Give priority for grants and loans to all of the following:
16.33(2)(e)5.
5. Families in which at least one minor child but only one parent live together.
16.33(2)(e)6.
6. Families with 4 or more minor children living together.
16.33(2)(e)7.
7. Other persons or families that the department determines have particularly severe housing problems.
16.33(3)(a)(a) The department may make grants or loans under
sub. (1) (a) directly or through agents designated under
s. 16.334.
16.33(3)(b)
(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.
16.33 Cross-reference
Cross Reference: See also s.
Adm 18.01, Wis. adm. code.
16.334
16.334
Designated agents. 16.334(1)(1) The department may enter into an agreement with an agent designated under
sub. (2) to allow the designated agent to do any of the following:
16.334(1)(b)
(b) Disburse the funds for grants and loans to persons or families of low or moderate income on terms approved by the department.
16.334(1)(c)
(c) On terms approved by the department, administer and disburse funds from a grant or loan under
s. 16.33 on behalf of the recipient of the grant or loan.
16.334(2)
(2) The department may designate any of the following as agents:
16.334(2)(a)
(a) The governing body of a county, city, village or town.
