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WisLoan Down payment Assistance Program

 

What is WisLoan?

WisLoan is a statewide alternative loan program that allows Wisconsin residents with disabilities to finance assistive technology or equipment needed to live more independently and productively.

 

What is Down Payment Assistance?

The WisLoan Down Payment Assistance Program works with WisLoan applicants to reduce the overall amount of the loan, which reduces monthly payments and the overall debt to income ratio. 

Loans can be used to purchase the following technology or equipment, but are not limited to: 

  • Wheelchairs & motorized scooters 
  • Hearing aids 
  • Magnifiers and other visual aids 
  • Control/switches for lights, doors, and applications 
  • Vehicle lifts and adaptive hand controls 
  • Tools and equipment 
  • Telecommunication devices 
  • Home modifications 

The WisLoan DPA program is a down payment assistance program in partnership with the Administrations for Community Living (ACL) through the US Department of Health and Human ServicesWe are offering down payment assistance for WisLoans that are approved for consumers in Wisconsin.

How do I qualify? 

You must submit an application in conjunction with your WisLoan application. Your down payment assistance will be based on your household income level. Down payment assistance can range from 10% - 60% taking into consideration your approved WisLoan Loan amount and the overall Assistive Technology purchase. Please contact your local Independent Living Center for assistance. If you live in the Milwaukee, Ozaukee, Washington and Waukesha counties, Independence First can help. Contact us: 414-291-7520 (V/TTY)

Outside of our area? Click the link to find your local ILC: https://www.dhs.wisconsin.gov/disabilities/physical/ilcs-contact.htm

Funding is limited and all down payment assistance is based on funds available. 

In accordance with the Stevens Amendment, all HHS grant and cooperative agreement recipients are required to acknowledge federal funding when publicly communicating projects or programs funded through HHS federal financial assistance. This project is supported by the Administration of Community Living (ACL), U.S. Department of Health and Human Services (HHS) as part of a financial assistance award totaling $410,645.00 with 100 percent funding by ACL/HHS. The contents are those of the author(s) and do not necessarily represent the official vies of, nor an endorsement, by ACL/HHS, or the U.S. Government. This Project is partially supported by WisTech, Wisconsin’s State Assistive Technology Program

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