MADISON – A $5.4 million Project Rental Assistance 811 grant to the Wisconsin Housing and Economic Development Authority will help fund the development of integrated, supportive rental housing for low-income homeless people with disabilities.
The grant from the U.S. Department of Housing and Urban Development will be paired with projects that have been awarded federal or state tax credits. In conjunction with the Wisconsin Department of Health Services, this funding will connect tenants with various supportive services, such as health care, transportation, education and employment services. WHEDA anticipates the $5,386,056 HUD grant will create an additional 132 units.
“These HUD funds are critical in helping some of Wisconsin’s most vulnerable residents access safe, affordable housing to support their success,” said WHEDA CEO
WINCHESTERÂ â Following a few design tweaks, a proposed apartment building intended to house Shenandoah University students and young professionals is back on the table for City Council s consideration.
As proposed, The Local at 1551 S. Pleasant Valley Road would include 198 one-, two-, three- and four-bedroom apartments within a single four-story building, plus two small buildings that would be leased for commercial use. The complex would be built on a 6.23-acre parcel of vacant land adjacent to the former Fresh Market grocery store at 1671 S. Pleasant Valley Road.
Since the proposed apartments are within walking distance of SU, property owner Jay Donegan of Reston anticipates that up to 80% of the more than 400 residents of the 258,000-square-foot complex would be college students. The remaining apartments would be marketed to young professionals.