Monroe Plaza at 400 N. Monroe Ave. ? a downtown apartment complex that gives elderly and disabled residents a place to call home through federal Section 8 housing vouchers amidst a national housing crisis ? could be a California-based affordable housing developer`s first Wisconsin project.
SDG Housing Partners secured an initial commitment of up to $27.5 million in government bonds through the Green Bay Housing Authority after the authority liked its first look at renovation plans on June 19. The developer, once given the bond revenue, will be wholly responsible for paying the debt back, according to the initial resolution.
SDG Housing Partners secured an initial commitment of up to $27.5 million in government bonds through the Green Bay Housing Authority after the authority liked its first look at renovation plans on June 19. The developer, once given the bond revenue, will be wholly responsible for paying the debt back, according to the initial resolution.
Key Points:
- SDG Housing Partners, based in
California, secured an initial $27.5 million resolution from the Green
Bay Housing Authority. The final figure will almost certainly change.
- The developer presented details of its renovation plan to the Green Bay Housing Authority on June 19.
- Several housing authority members expressed concern over the choice of management company....
Leo’s notes: Preserving Monroe Plaza as affordable, accessible housing for seniors and people with disabilities is a critical step for downtown Green Bay. While SDG’s renovation vision brings potential for much-needed upgrades and dignity in design, thoughtful oversight—especially around property management and resident protections—will be essential to ensuring long-term success for this vulnerable population...
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- - Volume: 25 - WEEK: 27 Date: 7/1/2025 7:05:10 AM -