The Avenue project moves ahead with 39 new affordable housing units in Sturgeon Bay

STURGEON BAY (WLUK) -- A development will provide more affordable housing options to Door County residents.

Officials broke ground Wednesday on the first phase of The Avenue in Sturgeon Bay on 14th Avenue between Georgia Street and Iowa Drive, near the NWTC Sturgeon Bay campus.

The groundbreaking took place after three years of planning by the city, the developer among others.

"Projects like this strengthen neighborhoods, support local employers and help communities remain places where people of all ages and income levels can work and succeed," Lydia Van Thiel of WHEDA said...

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Leo's notes: The Avenue is a strong example of how communities can address multiple layers of housing need within a single development strategy. Its first phase will add 39 income-restricted apartments serving households at 30–60% AMI, while a planned second phase would add 20 units aimed at households earning 80–100% AMI. Just as important is the financing approach, which combines LIHTC with local TIF support and WHEDA’s Vacancy-to-Vitality program - a clear demonstration of layering different tools to make projects feasible and serve a broader swath of residents...