Category: 100 E. National, Affordable Housing

New Affordable Housing Development Planned for Milwaukee’s Harbor District

The open field at first and national where the new 96 unit affordable apartments will be in Walker's Point
A new development project is set to transform Milwaukee’s Harbor District with the construction of a 140-unit apartment community at 100 E. National Ave.
The $54.6 million project, which received federal affordable housing tax credits in 2023, will primarily offer apartments at below-market rates to support individuals earning up to 80% of the local median income. A proposed tax incremental financing district aims to provide $2.17 million to help cover development costs. If approved, construction is expected to commence around August 2023, with a projected completion date in May 2026. This initiative is part of a broader effort to increase affordable housing options in the area.

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https://www.jsonline.com/story/money/real-estate/commercial/2024/05/03/milwaukee-affordable-apartment-development-seeks-city-funds/73538954007/