Third Home Pricing Increase Backed For Workforce Housing Project

Sturgeon Bay’s Finance/Purchasing and Building Committee recommended June 9 that the Common Council approve a $5,000 price increase for the homes being built in the Geneva Ridge subdivision, which the city has helped market on Sturgeon Bay’s west side.

As outlined in the development agreement, the city has in Tax Increment District (TID) #10 for the Geneva Ridge workforce housing development, which is being constructed by PortSide Builders, city approval is required to authorize increases in previously approved sales prices...

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Leo's notes: Door County officials have advanced a proposal to increase the county’s property tax levy dedicated to workforce housing, providing additional support for the local Workforce Housing Loan Program.Their continued investment signals an important shift in how communities are approaching housing challenges: local leaders increasingly recognize it as critical economic infrastructure that supports employers, tourism, healthcare, education, and community sustainability. Financing tools alone will not solve housing shortages, but dedicated local funding programs can help bridge development gaps.

Ken Notes: Door County could and should become a model for affordable workforce housing neighborhoods. They need housing for service and tourism workers as well as health care, education, child care, seniors, public safety and more. Using great design, modular homes, denser plots, shared amenities, and the new state TIF laws every tourist community could develop a great neighborhood for their workforce... And the best part is that wealthy Chicago tourists could help pay for these new neighborhoods.