MONROE — Green County Development Corporation (GCDC) is excited to announce the launch of the Housing Development Fund, a groundbreaking initiative designed to address the county’s housing needs by incentivizing new residential development. Backed by $2.8 million in funding from six local partners, this program will provide low-interest loans to developers, encouraging the construction of new homes across Green County.Fueled by the 2024 Housing Study conducted by Southwest Wisconsin Regional Planning Commission, and multiple community housing forums hosted by GCDC and Green County Healthy Community Coalition (GCHCC), efforts were targeted to bring affordable, single and multi-family homes to the county. The 2024 study indicated a need for over 1,700 homes to be built before 2030 to support growth in the area.
“The Housing Development Fund is a momentum builder designed to create a thriving, sustainable, and diverse housing market that supports workforce growth, enhances community well-being, and fosters long-term economic stability. By bridging funding gaps, engaging local developers and financial institutions, and promoting strategic housing investments, we are not just building homes — we are building a future that says Green County is a great place to grow, invest, and call home,” said Olivia Otte, Executive Director at GCDC. “This initiative is a testament to what we can achieve when we work together. It takes a strong, collaborative team to drive economic growth, and we are incredibly grateful for the dedication of our partners in making this vision a reality.” ....
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- - Volume: 25 - WEEK: 12 Date: 3/20/2025 2:14:30 PM -