Green Bay authority approves development agreement for 95‑unit Grand Boulevard Apartments
The Green Bay Redevelopment Authority approved a development agreement with Grand Boulevard Apartments LLC for a 95‑unit multifamily project at the former JBS site, including a $2.5 million upfront loan repaid by tax increment revenues and a $500,000 HOME allocation to subsidize four deeply affordable units.
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The Green Bay Redevelopment Authority on June 17 approved a development agreement with Grand Boulevard Apartments LLC to build 95 rental units on a parcel at the former JBS site, and separately authorized $500,000 in HOME funds to support four units restricted at 60% of county median income.
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