Madison’s Affordable Housing Initiative got another multimillion-dollar boost from the state, although just two of four projects seeking critical financial support received it.
The Wisconsin Housing and Economic Development Authority has awarded $23.4 million in federal Low-Income Housing Tax Credits to separate projects by Gorman and Co. and Stone House Development that will cost a total $35.4 million and deliver a combined 155 apartments with 131 of the units for those making no more than 60% of Dane County median income, or $49,560 for a family of three...
Ken Notes: I still wish Madison and Dane County would just build more housing that is affordable rather than "affordable housing". We are perpetuating a system that has never really worked...
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- - Volume: 7 - WEEK: 16 Date: 4/18/2019 9:03:47 AM -