Evers announces grants to build affordable housing, including projects in Madison and Middleton
MADISON, Wis. — Wisconsin will invest in projects to develop affordable housing across the state.
Governor Evers announced a series of grants Monday worth over $32 million, meant to fund affordable multifamily housing projects statewide. The move is part of a plan originally announced in April.
Evers had announced that $20 million of ARPA would be used for a grant program to fund the projects. Another $5 million of ARPA funds were added after applications showed that more money was needed. Now, the Wisconsin Housing and Economic Development Authority is adding $7.4 million in National Housing Trust funds to the grant program, bringing the total to $32.4 million.
“Affordable housing is essential to the safety, health, and well-being of our kids and families, workers, and communities,” Evers said in a statement.
There are multiple local projects benefitting from the grants.
In Middleton, 38Ten Parmenter received $995,000 to build a new 54-unit building. In Madison, Avenue Square Apartments received nearly $1.9 million to build a 70-unit space. In Barneveld, Summit Apartments was given over $393,000 to renovate a 34-unit structure.
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