Apartment Project Awarded Low-Income Housing Tax Credits

The Wisconsin Housing and Economic Development Authority (WHEDA) announced that the Columbia Corners apartment project, which calls for constructing a 60-unit building for affordable housing on a vacant lot at South Columbia Avenue and Green Bay Road in Sturgeon Bay, has been awarded $1.3 million in low-income housing tax credits (LIHTC) for 2026.

Gorman and Company wants to construct the mixed-income building targeting families earning between 30-80% of the area median income, with LIHTC through WHEDA as the primary financing.

The Common Council last December committed $250,000 from the city’s affordable housing reserve funds to the project, contingent on it securing the tax credits...

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Leo's notes: The project reflects a growing partnership between local governments and developers to address Door County’s persistent workforce housing shortage through public incentives and state housing programs. The LIHTC award from WHEDA highlights the importance of housing tax credits as one of the few tools capable of making affordable housing financially feasible in high-cost markets like Door County. Equally important is the role of local government partnership—from land contributions to development support—which can significantly improve a project's competitiveness for state funding.