Wauwatosa-based Wangard Partners recently received approval from the U.S. Department of Housing and Urban Development (HUD) for a loan guarantee for $9.6 million in financing for a 68-unit apartment building it will build in downtown Milwaukee. The six-story building will be located at 1910 N. Water St., and will be called 1910 on Water. The $9.6 million in financing for the project, which will be guaranteed by HUD, will be provided by St. Paul, Minn.-based Oak Grove Capital. The apartments in the building will range in size from 540-square-foot studios to 1,100-square-foot two-bedroom units. The first two levels of the building will have indoor parking.
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