Several new affordable housing projects are being proposed in Milwaukee.
United Methodist Children’s Services of Wisconsin plans to build a four-story, 43,000-square-foot building adjacent to its existing facility at 3940 W. Lisbon Ave. The building will have 24 three-bedroom housing units and about 10,000 square feet of community space. According to a proposal filed with the city, the monthly rent will be affordable for families earning 30 percent to 60 percent of Milwaukee County’s median income.
North Avenue Community Development Corp. plans to acquire properties at 3215 and 3223 W. North Ave., and several nearby properties on North 32nd, 33rd and 34th streets, from the city of Milwaukee. Along North Avenue the non-profit corporation plans to build a three-story building with 4,000 square feet of first floor retail space and four 1,500-square-foot "affordable" apartments on the second and third floors. On the other scattered sites on 32nd, 33rd and 34th street the organization plans to build eight side-by-side townhomes, each with 1,500 square feet of space and three bedrooms. The project’s total cost is about $6 million.
The Volunteers of America National Services and the Shiloh Tabernacle UHCA Church plan to jointly develop a four-story, 65-unti apartment building with services for low income seniors at 3418-28 N. Dr. Martin Luther King Jr. Dr. The apartments will be available to tenants who are 55 or older and who have incomes of less than 60 percent of the county’s median income.
Midtown Terrace LLC, a joint venture between Vangard Group LLC and Commonwealth Companies, plans to build Midtown Terrace, a 24-unit townhouse-style apartment building northeast of North 28th Street and West Lisbon Avenue. Rents will vary by income, ranging from about $565 to $695 per month. The estimated construction cost is $5.6 million. The property would be purchased from the city.
