Annex Group Breaks Ground on $25.8M Affordable Housing Community in Milwaukee

MILWAUKEE — The Annex Group has broken ground on Union at Rose Park, a $25.8 million affordable housing community in Milwaukee. The property will offer 75 one-, two- and three-bedroom units for households earning a range of income levels starting at 30 percent of the area median income to market rate. Nine units will be targeted to veterans. Amenities will include a community room, fitness center and business center. The development will include rooftop solar panels and is designed to meet Enterprise Green Community Standards.

Project partners include Ware Malcomb, raSmith, Integrity Structural Corp., Latimer Sommers & Associates, Terracon, Heartland Energy Consultants, Baker Tilly, ACC Management Group and Impact Housing Indiana, an organization dedicated to supporting residents of affordable housing communities within Annex’s portfolio. Impact Housing Indiana will have a dedicated onsite space within Union at Rose Park.

   ...more

Leo’s notes: Milwaukee’s Union at Rose Park brings 75 new affordable and mixed-income units to the city, with dedicated veteran housing and green design standards. Backed by WHEDA financing tools and broad private investment, the $25.8 million project reflects the partnerships needed to expand affordable housing supply.