The Community And Economic Development Committee is meeting 10/27/2021 at 4:30 PM.
They have one item on the agenda which is a request to approve a development agreement for improvements and redevelopment of 6 parcels located on North Oneida Street, E. Harris Street, and N. Appleton Street.
Per the memo from Director Karen Harkness to the committee, “MF Housing Partners, LLC (Developer) is requesting assistance to support a proposed 43-unit WHEDA Sec. 42 apartment project (RISE)…. Thirty-six (36) of the forty-three (43) units will be available to low-income persons with the rents restricted foran estimated thirty (30) years.”
The developer is requesting “a Pay-As-You-Go TIF support at 20% ($611,920).”
Staff is recommending that the development agreement be approved.
View full meeting details here: https://cityofappleton.legistar.com/MeetingDetail.aspx?ID=886725&GUID=79BDA93E-6E70-47F8-BA11-68AAC8F18608
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