Milwaukee shares new TIF guidelines for workforce housing projects

Milwaukee shares new TIF guidelines for workforce housing projects

The city of Milwaukee has newly written guidelines for developers looking to work with the city and secure when working on projects, with workforce housing as a new facet for public funding following developer demand.

Construction and borrowing costs are higher, driving developers to seek partnerships with the city for project financing. In some cases, developers have said that without public financing their projects would not get off the ground. Meanwhile, the city and developers are driving for more housing supply as rents have risen...

THE BLUEPRINT:

  • ‘s new TIF guidelines now include support.
  • Developers must show financial need and explore all funding options.
  • Projects must align with city plans and prioritize local workers.
  • Industry groups welcome the focus but seek more policy clarity.

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- - Volume: 25 - WEEK: 19 Date: 5/5/2025 1:56:44 PM -