WISH Notice and Repayment

If there is a sale, transfer, assignment of title or deed, refinancing, foreclosure, or deed-in-lieu of foreclosure of a WISH- or IDEA-assisted unit during the retention period, required notification and repayment calculations can be completed in our new Community Investment Portal.

Repayment of a WISH or IDEA subsidy may be required if either of the following occur during the retention period:

• Sale, transfer, or assignment of a WISH- or IDEA-assisted unit to a household that is not low- or moderate-income (household income above 80% of area median income), or

• Refinance of a WISH- or IDEA-assisted unit where the unit does not remain subject to a retention agreement (e.g. WISH promissory note and rider to deed of trust).