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Developer seeking WEDC CDI pass-through and city development agreement outlines $723,000 event-space plan
Summary
Jeronda McCray asked the committee for a city development agreement to receive a $250,000 WEDC reimbursable CDI grant and cited additional financing including a $10,000 Building Bridges grant; she estimated total development costs rising to about $723,000 and asked the city to act as pass-through and oversight for the funding.
Jeronda McCray, an event planner and principal of 4 Generations Holdings LLC, presented a proposal to convert a building at 4930 N. 32nd St. into an event space and requested a development agreement with the city to accept and administer a Wisconsin Economic Development Corporation (WEDC) Community Development Investment (CDI) grant.
McCray told the…
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