A series of bills aimed at addressing what lawmakers called a “crisis” in the lack of workforce housing would redirect tens of millions of dollars from past workforce housing initiatives. Wisconsin in 2023 set aside $525 million for affordable housing development loans aimed at growing the state’s housing stock and getting new homebuyers into housing. The last state budget set aside $100 million for the main street housing rehabilitation revolving loan funding program. Rental property owners could get up to $20,000 per rental unit for upgrades on apartments above retail spaces. “By converting multifamily rental units into owner-occupied condos, we can turn renters into owners, allowing them to build equity in their home,” he argued.