The complex web of funding behind Wisconsin's largest private affordable housing complex

The 576-unit project offers lessons for other large-scale affordable housing projects.

1 minute read

May 31, 2026, 9:00 AM PDT

By Diana Ionescu @aworkoffiction


Multi-story light brick apartment building in Milwaukee, Wisconsin.

The Corliss includes 144 units for seniors. | The Corliss / The Corliss

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. 

Friday, May 29, 2026 in Wisconsin Public Radio

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