
$11.2 Million In State Loans Fuel Six Milwaukee Housing Projects
WHEDA awards will help create about 300 apartments, from City Campus to Mitchell Street. Six Milwaukee housing developments will receive more than $11.2 million in state financing as part of a new $50 million funding round aimed at creating workforce and affordable housing across Wisconsin. The funding will support approximately 300 apartments, including conversion of the former Milwaukee County City Campus, two Historic Mitchell Street redevelopments and the conversion of the former Marcia P. Coggs Human Services Center. Gov. Tony Evers and the Wisconsin Housing and Economic Development Authority (WHEDA) announced the awards Wednesday. Statewide, 22 developments across 10 counties are expected to create 1,862 housing units. The financing comes through three loan programs (Vacancy-to-Vitality, Infrastructure Access and Restore Main Street) created in 2023 as part of a $525 million state investment in workforce housing. “Affordable housing is challenging to fund and build,” said WHEDA Executive Director and CEO Elmer Moore Jr. in a statement. “These loans make a difference in getting needed projects to the finish line.” ... ...more Leo's notes: More than $11 million in housing tax credits flowing to Milwaukee County demonstrates both the scale of the region’s housing need and the number of projects positioned to respond. Importantly, the awards support everything from new construction to adaptive reuse and rehabilitation, reinforcing that solving the workforce housing shortage requires both adding new homes and preserving existing affordable supply. To be more spread throughout the state, rural communities must pair local development capacity with these varied and dependable financing tools...
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$11.2 Million In State Loans Fuel Six Milwaukee Housing Projects

WHEDA awards will help create about 300 apartments, from City Campus to Mitchell Street.

Six Milwaukee housing developments will receive more than $11.2 million in state financing as part of a new $50 million funding round aimed at creating workforce and affordable housing across Wisconsin.

The funding will support approximately 300 apartments, including conversion of the former Milwaukee County City Campus, two Historic Mitchell Street redevelopments and the conversion of the former Marcia P. Coggs Human Services Center.

Gov. Tony Evers and the Wisconsin Housing and Economic Development Authority (WHEDA) announced the awards Wednesday. Statewide, 22 developments across 10 counties are expected to create 1,862 housing units.

The financing comes through three loan programs (Vacancy-to-Vitality, Infrastructure Access and Restore Main Street) created in 2023 as part of a $525 million state investment in workforce housing.

“Affordable housing is challenging to fund and build,” said WHEDA Executive Director and CEO Elmer Moore Jr. in a statement. “These loans make a difference in getting needed projects to the finish line.” ...

...more

Leo's notes: More than $11 million in housing tax credits flowing to Milwaukee County demonstrates both the scale of the region’s housing need and the number of projects positioned to respond. Importantly, the awards support everything from new construction to adaptive reuse and rehabilitation, reinforcing that solving the workforce housing shortage requires both adding new homes and preserving existing affordable supply. To be more spread throughout the state, rural communities must pair local development capacity with these varied and dependable financing tools...

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- - Volume: 26 - WEEK: 34 Date: 8/17/2026 3:37:06 PM -