The 576-unit project offers lessons for other large-scale affordable housing projects.
A Milwaukee housing complex set to open later this year will be the largest private affordable development in Wisconsin, reports Joe Tarr for Wisconsin Public Radio.
According to Tarr, "The $197 million project involved a complex funding scenario that included National Housing Trust funds, tax incremental financing and a Brownfield Cleanup Revolving Loan from the city."
According to Elmer Moore Jr., the CEO of the Wisconsin Housing and Economic Development Authority, "We’re seeing communities across the state really take a more proactive approach to making themselves accommodating to developments writ large, and certainly larger and larger developments." But, Moore adds, "municipalities must develop zoning plans and housing plans that incorporate these large-scale developments and the amenities that they support — grocery stores, bike trails, changes to traffic and so on — because when we do that, we can really assure a clearer path towards success for that municipality." Moore also suggests that cities support financing for larger housing projects through mechanisms like TIF funds.
Read the full story: Largest private affordable housing project in Wisconsin offers hope for more like it
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A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority