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Monona council approves WEDC grant application to support 55‑unit senior affordable housing project
Summary
Council authorized the city to act as pass‑through applicant for a WEDC Idle Sites Redevelopment Grant of up to $250,000 to aid Northpointe Development’s Phase II: 55 age‑restricted low‑income housing tax credit units on East Broadway; council voted to submit the application.
City staff and Northpointe Development presented an application to the Wisconsin Economic Development Corporation’s Idle Sites Redevelopment program to support phase two of the Northpointe project on East Broadway.
City staff explained the grant is a time‑sensitive, first‑come, first‑served program that can offer up to $250,000 to remediate and redevelop sites that have…
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