/Real Estate Development News

Construction to begin for Walker’s Point affordable housing development

A groundbreaking ceremony will be held on Thursday to celebrate the start of construction of SEVEN04 Place, a 60-unit affordable-housing development at 704 W. National Ave. in Milwaukee’s Walker’s Point neighborhood.

FHLBank Chicago Awards More Than $24.1 Million Through Its Competitive Affordable Housing Program

The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced that more than $24.1 million was granted through its competitive Affordable Housing Program (AHP) to help finance 42 affordable housing projects located primarily...

By | 2017-12-04T17:19:14+00:00 December 4th, 2017|Organizational News, Real Estate Development News|0 Comments

Impact Seven Receives $10 Million from the CDFI Fund

Impact Seven, headquartered in Rice Lake, WI, received a $10 million bond loan to finance affordable rental housing, senior living facilities, small businesses, and commercial real estate projects.

Kane Street Development continues to make progress

(WXOW) It was just over one year ago that the City of La Crosse announced a plan that would turn an empty plot of land on Kane Street into affordable housing. With the help of local organizations and the State of Wisconsin, the goal is to build a 57-unit apartment complex to help end homelessness [...]

By | 2017-09-18T16:47:38+00:00 September 18th, 2017|Organizational News, Real Estate Development News|0 Comments

Seven04 Place Apartments Awarded Additional Tax Credits

Seven04 Place Apartments advances with additional tax credits Impact Seven and Rule Enterprises are pleased to announce that Seven04 Place Apartments has earned an additional tax credit allocation this month. The award of $76,078 supplements a 2016 LIHTC award, for a total allocation of $637,178. Seven04 Place Apartments is a proposed 60-unit affordable development located in [...]

Garden Terrace Apartments Receive Critical Tax Credit Award

La Crosse's Garden Terrace Apartments moves forward with a tax credit allocation A $683,000 Low Income Housing Tax Credit (LIHTC) allocation this month will jumpstart the Garden Terrace Apartments development in La Crosse. “The LIHTC award was one of the most important financial catalysts to get this project moving forward,” says Kristine Giornalista, Vice [...]

Impact Seven Awarded $1.4M from the CDFI Fund

Impact Seven is honored to receive a $1.4 million award through in CDFI Fund’s Financial Assistance Program. This follows up a $1.75 million award in 2015. Only the strongest, most effective CDFI’s receive awards through the program.  These funds are crucial for us to provide flexible, affordable financing and [...]

I-7 chosen for La Crosse Kane Street Project

The Garden Terrace Apartments is a proposed multi-family rental development on La Crosse’s near north side consisting of 50 apartments and a 1,500 square foot multi-purpose community center. The development will be split between two sites on 700 block of Kane Street and 1100 block of St. James Street. Fifteen units will be reserved for [...]

Photos: Artist Lofts Grand Opening

The Office of the Governor, the City of Manitowoc, Impact Seven, Inc. and Wisconsin Redevelopment, LLC hosted the grand opening for the Artist Lofts on July 22 to mark the completion of the historic renovation of the former Mirro Plant #3. The event included a ceremonial ribbon cutting, the unveiling of two winning murals and a formal [...]

Rice Lake, here we come!

Impact Seven adds Office in Rice Lake, WI Since 1979, Impact Seven has helped communities across Wisconsin develop and grow, through a creative mix of business lending, real estate development and property management. Through these efforts, our own internal capacity has had to adapt and grow. In 2000, we built our current headquarters in Almena, Wisconsin. [...]

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