City Council approves $400,000 loan for Habitat for Humanity projects

Waukesha's Redevelopment Authority made significant strides in supporting affordable housing during its recent meeting on April 28, 2025. The board approved a $400,000 loan to Habitat for Humanity, ensuring the organization can continue its vital work in the community while maintaining the city's financial balance.

The decision to provide the loan comes as Habitat for Humanity has $800,000 outstanding, with plans to return $400,000 to the city by the end of May. This arrangement allows the city to support the organization without impacting its overall financial health, as the funds will effectively balance out. The board emphasized the importance of keeping a reserve of approximately $1.5 million for potential new developments, ensuring that the city remains prepared for future housing initiatives.

In addition to the Habitat for Humanity loan, the board reviewed a request from Catherine Mahoney for $50,000 from the affordable housing rehabilitation program. This funding aims to support critical home repairs through the home preservation program, further enhancing the city's commitment to affordable housing solutions.

The approval of these initiatives reflects Waukesha's ongoing efforts to address housing needs within the community. As the city continues to navigate its financial landscape, these decisions are poised to have a lasting impact on residents seeking affordable housing options. The Redevelopment Authority's proactive approach signals a dedication to fostering a supportive environment for both individuals and families in need.