Madison Mayor: Rhodes-Conway and other leaders attend The Grove Apartments groundbreaking πŸ—“

Events

Contact: Katie Crawley
May 7, 2019 608-266-4611
The Grove Apartments Groundbreaking – 112 Unit Affordable Housing

Development at Former Pinney Library Location

When: Wednesday May 7, 2019 at noon

Location: 204 Cottage Grove Rd

What: Groundbreaking for a $25M, 112-unit affordable housing development at former location of Pinney Library. The City provided $3M in affordable housing funds that made this project feasible, the largest single award by the City of Madison for an affordable housing project. The County also contributed $591,000 from its affordable housing fund. The project is also being financed with over $12M in tax credit equity allocated through WHEDA. 95 of the 112 units will be designated for individuals and families earning 60% of less of the county median income. The project will include project amenities like a penthouse community room including an outdoor patio with lake views.

  • City of Madison Mayor Satya Rhodes-Conway
  • City of Madison Alder Grant Foster
  • [Former] City of Madison Alder David Ahrens
  • WHEDA Commercial Lending Director Sean O’Brien
  • City of Madison Community Development Specialist Julie Spears
  • City of Madison Community Development Specialist Ethan Tabakin
  • MSP Real Estate Vice President of Development Mark Hammond (Project Developer)
  • MSP Construction Vice President of Construction Ben Shearer (Project General Contractor)
  • There will also be some neighborhood residents, non-profit project partners (including Madison Urban Ministry, Porchlight, and Community Action Coalition), project lenders, project architect, project landscape architect, etc.
    Here is link to an article about the project:

https://madison.com/wsj/news/local/govt-and-politics/madison-affordable-housing-project-gets-million-in-tax-credits/article_62710646-1b0d-5c16-a844-272abf7789cf.html

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