​​Housing Cost Reduction Initiative (HCRI)​

​​​​​​​​​​The Housing Cost Reduction Initiative (HCRI) was created in 1989, by the Governor and the Wisconsin Legislature. The State set aside these funds to provide housing assistance to low- and moderate-income (LMI) households seeking to own decent, safe, affordable housing. The Wisconsin Department of Administration, Division of Energy, Housing and Community Resources (DEHCR) awards these funds to eligible applicants through a biennial funding cycle.

​​​​​​Eligible Activities​

Eligible HCRI Program activities include:

  • Acquisition: Grantees can help eligible homebuyers purchase affordable homes by providing down payment​, closing cost, and/or gap financing assistance.

  • Foreclosure Prevention: Grantees can provide payment on behalf of homeowner to prevent foreclosure and/or utility disconnections.  Costs include payments to cover mortgage, property tax, principal, interest, and/or arrearages.

HCRI funding cannot be used to provide assistance for development costs, improvements to dwelling units, or payments on a construction or rehabilitation loan.  ​​


HCRI​ Manual

Monitoring Documents

HCRI Project Monit​oring Checklist

Monitoring Plan

Application Materials

HHR and HCRI 2022 and 2023 application instructions

HHR and HCRI 2023 and 2023 Blank Application Form


Household Income Limits


HCRI Quarterly Report

HE+ Training

HCRI Invoicing Video

Profile Management Administrator (PMA) Basics Video​​​​

​Contact Information

​​HCRI Program Manager


Department of Administration

Division of Energy, Housing, and Community Resources

P.O. Box 7970

Madison, WI 53707-7970​​