Historic Filer & Stowell Site Set for Major Overhaul
In Bay View, the historical Filer & Stowell site previously is set to be transformed into an extensive 576-unit complex, with the assistance of the city’s Department of City Development (DCD). The DCD is supporting this by proposing a substantial $9.2 million allocation from property tax revenue. This development, predominantly funded through federal tax credits, will present affordable housing options to several income brackets. Despite challenges with the existing structures’ condition, this redevelopment is set to be a game-changer for affordable housing in the region.
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Urban Milwaukee: https://urbanmilwaukee.com/2023/08/06/plats-and-parcels-city-will-contribute-9-million-to-large-bay-view-development/
Daily Reporter: https://dailyreporter.com/2023/08/11/large-affordable-housing-development-seeks-9m-from-city-of-milwaukee/
Finance & Commerce: https://finance-commerce.com/2023/08/developer-seeks-9m-from-city-of-milwaukee-for-500-unit-project/