Assembly Bill 916 establishes a home repair program administered by the Wisconsin Housing and Economic Development Authority (WHEDA) aimed at ensuring residential housing units are safe, habitable, and energy-efficient. The program will provide grants of up to $25,000 to eligible homeowners with incomes below 100% of the area median income, prioritizing those with disabilities and families with young children. Additionally, interest-free loans of up to $25,000 will be available to eligible landlords who own a limited number of properties, specifically for improving affordable housing. The bill defines affordable housing and sets conditions for eligibility, including restrictions on the age of the housing units.

The bill also includes provisions for accountability, requiring homeowners and landlords to repay a portion of the grant or loan if they sell the property within four years of receiving assistance. WHEDA is tasked with reporting annually to the Joint Committee on Finance and relevant legislative committees about the program's implementation. Funding for the program will come from a portion of the real estate transfer fee collected by counties. The bill creates new statutory sections, specifically 20.490 (7) and 234.663, to formalize the home repair program and its funding mechanisms.