Is the 24 Unit PUD Development Project at 84th & North low income housing?

Cardinal Capital Management of Milwaukee has requested a zoning change to for allow the development of a three story apartment building with underground parking at 8402, 8416 & 8426 W. North Ave.  CCM specializes in low - moderate income housing projects. 

Are these 1 bedroom apartments low income or is this a change in business strategy for CCM?  Why hasn't the Patch looked at this issue? 

Planning Commission is taking up CCM's zoning change request on Monday Jan 13th at 7 PM.  The meeting will be held in Committee Room 1 and is open to the public. 

Also, a neighborhood meeting is being hosted by Jeff Roznowski in the lower civic center room at City hall on Thursday Jan 9th at 7 pm where CCM representatives will present the project and answer questions of the interested public.

Get involved, ask questions, its your neighborhood! 

jbw January 07, 2014 at 02:27 PM
In the Journal article Roznowski was quoted saying they would be aiming for $1000 - $1200 a month 1-bedroom units, which is not low income housing. I find it strange to build four-level buildings like this in the middle of a higher-end residential area - I mean those buildings will stick out like sore thumbs as the only thing their size for miles around.
Pudge January 07, 2014 at 02:44 PM
The key question to ask and have answered by CCM is whether there are any federal tax subsidies or credits involved in this project. If they are using something like the Section 42 program, rents will be subsidized for low income renters, regardless of what the developer my claim. Tax subsidies equals low income housing. Per Roznowski, CCM is using The Enclave on State St as it's comparative property, but these units have none of the comparable site amenities. Does that seem unreasonable to anyone else or is it just me?


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