Citing high cost, Wausau City Council rejects $350K affordable housing proposal

While reiterating its commitment to affordable housing, the Wausau City Council on Tuesday rejected an initiative to build an affordable house on a city-owned lot amid cost concerns.

The council voted 1-10 against the initiative, which was to be funded by external sources rather than local tax dollars, with Alder Chad Henke as the sole supporter of the project...

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Ken Notes: Losing 200K to sell a home for 175K does not make sense. The cost of the average habitat home is 110K and they are very nice... I know free labor, but still..