Developers of affordable multifamily-housing projects in Wisconsin will soon receive $32.4 million to help make up for financial shortfalls caused by rising construction costs, interest-rate increases and supply-chain delays.
Gov. Tony Evers has appointed Elmer Moore Jr. to serve as CEO and executive director of the Wisconsin Housing and Economic Development Authority starting April 11.
A jury last week found a Milwaukee alderman was liable for statements alleged to have caused an affordable-housing operator to default on a loan in a decision that could cost taxpayers $1.4 million.
Wisconsin Housing and Economic Development Authority Executive Director and CEO Joaquín Altoro is leaving Gov. Tony Evers' Administration to accept a position in the Biden Administration effective immediately.
A Madison committee advanced plans this week for an eight-story hotel and five-story state office building that are part of a project to overhaul an entire block east of the city's downtown.
A state panel on Tuesday advanced a bill that would create a $10 million pilot program to back the construction of more affordable housing in rural areas, development that has been stunted since the Great Recession.
The project will entail the demolition of two old industrial structures and their replacement with one apartment building with 87 market-rate units and one with 54 units for low-income tenants.