AK Development and Milwaukee Development Corporation will provide training.
Two Milwaukee developers have received a combined $500,000 to support affordable housing work in the city. Unlike most housing grants, the funding will be used to train those who are developing the housing instead of funding housing construction.
The Federal Home Loan Bank of Chicago, in partnership with Spring Bank, awarded $250,000 grants to AK Development and Milwaukee Development Corporation through its Community First Developer Program.
The funding, according to a press release, will support paid internships
and fellowships that provide hands-on experience in affordable housing
development, with participants embedded in active projects across
Milwaukee...
Leo’s notes: As projects grow more complex and financing more layered, investing in developer capacity is emerging as a critical strategy to sustain workforce housing production. Building talent behind the pipeline is building supply — a model to watch.
Ken Notes: I wish we would evaluate these grant funded programs against measurable deliverables. We need a set goal with actual numbers assigned to communities or regions for affordable homes - (with a clear definition like a sub $200,000 sale price). We need quality affordable homes for our service and retail workers making $15 to $25 per hour.
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- - Volume: 26 - WEEK: 10 Date: 3/2/2026 12:37:02 PM -