6 Dane County Projects get WHEDA tax credit awards, other don’t (Updated)

The Valor (veterans affordable housing) and Salvation Army not funded at this time, Salvation Army not eligible.

More information here.

AWARDED TAX CREDITS

Red Caboose Apartments, Movin’ Out, Inc, Madison= $662,011

38 total apartments, 32 affordable apartments (Family units)

Taylor Pointe Apartments,  MSP Real Estate, Inc., McFarland = $732,985

51 total apartments,  48 affordabel (Family unites)

The Madisonian Apartments, Alfred G. McConnell, Madison = $1,009,887

70 total apartments, 49 affordable (Elderly)

The Oscar Apartments, MSP Real Estate, Inc. Madison = $1,550,000

110 total units, 93 affordable (mixed)

Village on Main, Preserving US, Inc. Waunakee= $699,329

50 total apartments, 40 affordable (Family)

Landsby Ridge, Impact Seven, Inc., Mount Horeb= $800,000

51 apartments, 46 affordable (Family)

 

ON HOLD

38Ten on Parmenter,  T Klein Company, Inc., Middleton DANE- $0, requested $940,229

65 total apartments, 48 affordable (Family)

Avenue Square Senior Apartments, Alfred G. McConnell, Madison = $0, requested $844,134

64 total apartments, 42 affordable (Elderly)

Elderberry Place, Gorman & Company, Madison= $0, requested $1,250,346

87 total apartments, 73 affordable (Elderly)

Limestone Ridge, JT Klein Company, Inc., Fitchburg= $0, requested $1,550,000

111 total apartments, 81 affordable (Family)

Valor on Washington, Gorman & Company, LLC Madison = $0, requested $40,950

59 total apartments, 50 affordable (Family)

INELIGIBLE

The Shield Apartments, The Salvation Army Services Inc. Madison = $0, requested $702,070

44 total apartments,  37 affordable (family)

University Avenue Flats, Wisconsin Partnership for Housing Development, Middleton

37 Apartments, 31 affordable (family)

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