[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6575046,"mediaKeyId","3148963-01f8162d49494a9a7311f58f6d2b91af","parentId",3148963,"title","Redevelopment Authority awards $50,000 grant to Habitat for homeowner preservation program","audioSeconds",576,"startMs",802000,"endMs",1378000,"viewUrl","/Search/View?dp=1&key=3148963-01f8162d49494a9a7311f58f6d2b91af&start=802&end=1378","thumbnailUrl","https://assets.pipeline.soar.com/3148963-01f8162d49494a9a7311f58f6d2b91af/thumbnail_802000.jpg","articleUrl","/articles/6575046/Waukesha-City/Waukesha-County/Wisconsin/Redevelopment-Authority-awards-50000-grant-to-Habitat-for-homeowner-preservation-program","mediaUrl","https://secure.pipeline.soar.com/6575046-43851223094098b220a084e9d4525d50/orig.mp4?Expires=1770437912&Signature=Hie4O3~0DfVFA109dwgQ6stAYO77zG3pDRLgwuLEc9LYdzshP1fcRL4e2ean-K~97RTMfpZK~6sHM3uAWj0HiWyHHP5FDonsIxyuQm7ubs19iR658hZbFGaf94yUs2xptMNn7whDvzmcEHCLaMvdKfHG8mXxThlrrkh-wnp0RuJTwV~KZgsfMiUkV-YvcyGktTdxfe6~br7Z-jiY2xcMeLS23~c6bfUCM-tU6-zfqSGBAz36c0DhpAmBebT4KEHGrFxPaPSuZxN~zNubqlPI-3OiXsZAQNEO3mTOt183~tXTDQr0mkH3CdjJmlg0TSHGg1McqtMPJT4OnDL3xo47ug__&Key-Pair-Id=KUT5TJCACFTXG","author","Waukesha","date","2025-04-28T00:00:00Z","article","The Redevelopment Authority unanimously approved a $50,000 grant from the affordable housing rehabilitation program to Habitat for Humanity to fund 10 critical home-repair projects through the organization’s home preservation program.

Staff said the authority originally allocated $50,000 to Habitat in 2021 (funding deployed in 2022) and that the current request would replicate that structure: the city’s $5,000-per-home contribution is used alongside Habitat’s donations, volunteer labor and other funding to extend the impact of local dollars. \"We took $50,000 from the affordable housing rehab fund and gave it to Habitat in the form of a grant so we wouldn't be getting paid back to make 10 loans for critical home repairs,\" staff explained.

Program rules and conditions: applicants must be owner-occupants and meet the income limit (at or below 80% of area median income), with lower-income households prioritized. Staff said the majority of past projects supported major deferred maintenance needs such as new roofs, windows and grading repairs; the program is intended to fund essential repairs that preserve habitability and insurance coverage rather than discretionary upgrades.

Staff noted the affordable housing rehab fund balance is about $247,000 and that, if the rehab fund is drawn down further, Community Development Block Grant (CDBG) program income could be used to support additional loans for households near 80% of county median income.

Members moved and seconded the recommendation, and the motion passed unanimously. Staff said they will continue tracking project-level leverage and report back with disbursement requests when Habitat submits vetted project lists.","mediaType","Video","parentTitle","Waukesha - Redevelopment Authority on 2025-04-28 6:00 PM - Apr 28, 2025","oneSentenceSummary","The authority approved a $50,000 grant from the affordable housing rehabilitation program to fund 10 homeowner repair projects administered by Habitat for Humanity; households must meet income limits at or below 80% of area median income and projects must be in the City of Waukesha.","taxTitle","Waukesha City, Waukesha County, Wisconsin","taxId",9326,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6575049,"Redevelopment Authority approves $400,000 in construction loans to Habitat for Humanity for Dominican Park lots",257,487000,744000,"/Search/View?dp=1&key=3148963-01f8162d49494a9a7311f58f6d2b91af&start=487&end=744","https://assets.pipeline.soar.com/3148963-01f8162d49494a9a7311f58f6d2b91af/thumbnail_487000.jpg","/articles/6575049/Waukesha-City/Waukesha-County/Wisconsin/Redevelopment-Authority-approves-400000-in-construction-loans-to-Habitat-for-Humanity-for-Dominican-Park-lots","https://secure.pipeline.soar.com/6575049-e9e92e5260f798a151c4155770fcc7f0/orig.mp4?Expires=1770437912&Signature=Av1h2ba7l3hd-iqHihohHhyLhG8~3nQi5vNbALEgaOlffX83~z1T9Ql3VLgPLYyDR3BSiSUWugC~5sSmmJvTjXQqI6XxiX-Q94QavHXPhDpkE8jZdRYXOYHwi2-iz~GTAr8zdzfU764bSCb9sS-1RmYyJZilZp-lZGkD-9GrC4idm6DViV-n~ACQlMD2FcB8-8uD370HBXfBm7HJ8uY358FM8CrSfWxS9uxWY0uqstJwkm9XdxJwCd5WJW70iU1gIF4cSAQpy1aHVNmX05iHMDi2JuSfrUqf4FbDMk872B3b46ovgd7fEL1TniYxpTOM7t0xz-KMsu4ZZt-Tww8L0g__&Key-Pair-Id=KUT5TJCACFTXG","The Redevelopment Authority voted unanimously to approve $400,000 in new construction loans to Habitat for Humanity of Waukesha and Jefferson Counties to finance homes on Lots 1 and 13 in Dominican Park.

The request — two $200,000 loans tied to construction and release on building-permit milestones — was presented as part of the authority’s ongoing construction-loan portfolio. Staff said the loans would carry a 3% annual interest rate and repayment would be due at sale or transfer to the selected Habitat family.

Staff explained the loans are intended to be “one in, one out” — disbursing new funds as other Habitat loans come back into the program — so the authority’s cash position is not materially reduced. According to staff, Habitat currently had about $800,000 outstanding in construction financing, with three closings scheduled in May that should return about $400,000 to the program. \"By May, we'll have $400,000 back,\" a member summarized during the discussion.

Why it matters: the loans support creation of new owner-occupied affordable homes in Dominican Park. Staff said the Dominican Park phase under construction is expected to be complete by December 2026 and that many Oakland Street lots already show active construction.

Questions from members addressed timing and controls. Staff said the typical turnaround between construction start and sale is about 10 months but can be longer if permitting or scheduling delays occur. Staff also said loan disbursements are tied to building-permit issuance and other customary construction milestones to avoid concentrating too much program money in a single development.

The authority moved, seconded and voted to approve the loans; the motion passed with no objections.

No amendments to the loan terms were proposed at the meeting.","The authority approved two $200,000 construction loans to Habitat for Humanity to build on Lots 1 and 13 at Dominican Park; the loans carry 3% interest and repayment is due at transfer or sale to selected Habitat homeowners. Staff said incoming repayments from other Habitat loans will largely offset the new disbursements in May.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6575054,"Waukesha redevelopment loan funds replenished; development fund holds about $1.5 million uncommitted",245,68000,313000,"/Search/View?dp=1&key=3148963-01f8162d49494a9a7311f58f6d2b91af&start=68&end=313","https://assets.pipeline.soar.com/3148963-01f8162d49494a9a7311f58f6d2b91af/thumbnail_68000.jpg","/articles/6575054/Waukesha-City/Waukesha-County/Wisconsin/Waukesha-redevelopment-loan-funds-replenished-development-fund-holds-about-15-million-uncommitted","https://secure.pipeline.soar.com/6575054-caa622c6a2d3e422abb2c53078cac837/orig.mp4?Expires=1770437912&Signature=ETZl4p4EVA9OPStdWGq2J9WsL5nQuFUDZl9qRaZzj8pcXAgjhR5CU2EX2lAmoCcyppR952ok2HBqclOuAK0tDeYwV4Mr6R5o8jcXqYegA5aFR~jojuDPoIi6U3137Mnp2HW9GTisNsfwXFqq6B8C550whk~NsSyUhepQ8YJeh~sjRh2w7LnHLWvrof0-ZL6pcZAQ7NE4d8At70qNvkVBV-x3u~35s4IhAzRkgNmhSLLZT6lP8QQAJBWHKH83NsEZxd7VPOKdnjgpL1GVj3dlhH6YLh6NYUihwvnClrfU7EO6IO94m7Db-CdAHIbLUX~~-ERZ2gqIgCdi6XlcfskFFg__&Key-Pair-Id=KUT5TJCACFTXG","Redevelopment Authority staff reported that recent repayments and a one-year extension on a prior loan have materially replenished several of the authority’s affordable housing accounts, leaving the affordable housing development fund with roughly $1.5 million in uncommitted funds.

The update was presented at a Redevelopment Authority meeting where staff described balances across multiple program accounts and noted recent inflows. \"With that one year, we brought in $937,000,\" the presenter said, adding that under the authority's policy 75% of that amount goes to the affordable housing development fund and 25% — \"per state statute\" — goes to the affordable housing rehabilitation program.

Why it matters: the development fund is used for gap financing and construction assistance to create or preserve housing units; having a higher uncommitted balance increases the authority’s ability to support larger projects that seek short-term gap loans or construction financing.

In the authority’s accounting slides, the rental rehab program balance was reported at about $337,000. The affordable housing rehabilitation program — the fund used for single-family/owner-occupied repairs — was reported at roughly $247,000 after the recent inflow. Staff said the storefront activation program (funded with ARPA dollars) had its funds committed by the end of last year, and repayments from outstanding loans are steadily returning principal and interest to program accounts.

Staff described typical loan terms and repayment activity. Multifamily repayments from a 66-unit project bring in about $64,000 per year in principal and interest, and construction loans to nonprofit housing developers typically carry a 3% annual interest rate. Staff also said the authority no longer issues deferred loans in the rental rehab program (a policy change adopted last year) and that interest on older deferred balances had been accruing at about 3%.

Staff and members discussed leveraging other programs to increase the practical subsidy available for affordable projects. The presenter cited several programs that can be combined with the authority’s gap financing, including a local program referred to in the discussion as WIDA, vacancy-to-vitality and an upper-floor storefront-to-housing program; staff said program rules are evolving and a bill in the state legislature might yet change stacking rules for TIF and other incentives.

Staff said the authority monitors tax incremental finance (TIF) districts as they approach closing dates and evaluates whether to capture increment for housing programs or to extend a district. A large district approaching closure could provide a substantial future infusion, staff said, referencing an earlier example when closing a district yielded about $1.9 million for programs.

Meeting context: members asked several clarifying questions about timing of loan closings and how quickly repayments might return to the fund (staff gave spring and summer estimates for several closings). Staff noted regular monthly repayments and that the authority aims to maintain a high uncommitted balance to be ready for larger proposals.

The authority did not take an additional formal action on the program-update item beyond receiving the report.","Redevelopment Authority staff reported repayments and a recent extension that substantially replenished affordable housing accounts; rental rehab and home-rehab pools remain more limited, and staff described opportunities to stack other programs with local gap financing.","actionData","errors"]

Article not found

Redevelopment Authority awards $50,000 grant to Habitat for homeowner preservation program

Redevelopment Authority approves $400,000 in construction loans to Habitat for Humanity for Dominican Park lots

Waukesha redevelopment loan funds replenished; development fund holds about $1.5 million uncommitted