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Loan Program

February 6, 2023 by admin

Housing Developers Interested in Building Multi-Family Units in Door County, Wisconsin: 
Please contact Kay Smith by emailing kay@builddoorcounty.org or calling (920) 770-0830.

  • Subordinate / gap financing is available for mixed-income and modest-income projects serving households earning below 80% of the area median income (2023 limits: $55,800 for a 2-person household, $69,700 for a 4-person household).
  • Up to $500,000 loan available per project (a minimum of 20% of units must be set aside for modest-income households).
  • Attractive, below-market fixed rates are available.
  • All Developers welcome (public, non-profit, or for-profit).
  • Assisted units must serve year-round residents (who meet income criteria) for at least 20 years.
  • Other (negotiable) terms, conditions, and possibilities apply.

Download our Loan Application Package to access the required documents for your loan application.

Loan Application Package

https://builddoorcounty.org/uncategorized/loan-program/

Filed Under: Uncategorized Tagged With: Loan Program

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Our vision is simple.
Every fully employed person can afford a safe, quality place to live.

Our mission is ambitious.
We are increasing the availability of workforce housing in Door County and potentially all of Northeast Wisconsin.

 

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Housing Developers: 

Please contact Kay Smith by emailing kay@builddoorcounty.org or calling (920) 770-0830.

Donors and all other inquiries:

Please contact the Door County Community Foundation. By emailing whlc@givedoorcounty.org or calling (920) 746-1786.

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