Two long-held projects in the Walker’s Point neighborhood are being considered for financial assistance by the city of Milwaukee.
The city of Milwaukee Department of City Development on Wednesday announced it was proposing the creation of two new tax incremental districts to support two housing projects proposed by Milwaukee-based New Land Enterprises. If approved, the TIDs combined would be worth $6.7 million and support the Via and Forma developments announced several years ago.
TID 130 will support the proposal for Via, located at South 5th and West Mineral Streets, and TID 131 will support the proposal for Forma, located at S. 4th and Florida Streets, DCD officials said. Both projects were eligible for tax incremental financing because they offered workforce housing for people at a certain level within the area median income.
The city of Milwaukee Department of City Development on Wednesday announced it was proposing the creation of two new tax incremental districts to support two housing projects proposed by Milwaukee-based New Land Enterprises. If approved, the TIDs combined would be worth $6.7 million and support the Via and Forma developments announced several years ago.
TID 130 will support the proposal for Via, located at South 5th and West Mineral Streets, and TID 131 will support the proposal for Forma, located at S. 4th and Florida Streets, DCD officials said. Both projects were eligible for tax incremental financing because they offered workforce housing for people at a certain level within the area median income.
THE BLUEPRINT:
- Milwaukee DCD proposed two tax incremental districts worth $6.7 million to support New Land Enterprises‘ Via and Forma projects.
- Via will create 82 workforce housing units with commercial space, estimated at $23.7 million total cost.
- Forma will offer 65 workforce housing units with indoor parking, with a project cost of about $17.9 million.
Leo’s notes: By expanding TIF district assistance beyond deeply affordable housing to include workforce units, the city is signaling a pragmatic shift: growing Milwaukee means not only building more housing, but building the right kinds of homes in the right places to keep the city livable, inclusive, and economically resilient.
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- - Volume: 26 - WEEK: 7 Date: 2/9/2026 12:27:56 PM -