Historic Germania Building: 2018 WCREW People's Choice Awards Winner

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Cardinal Capital was honored to join development partner Haywood Group and project architect Korb and Associates in receiving the People’s Choice Award for the Historic Germania Building at the WCREW Annual Showcase Ceremony on November 1, 2018 at the Harley Davidson Museum.

Located in downtown Milwaukee, Wisconsin, the Historic Germania Building built in 1896 was the world’s largest German newspaper building. It fell on hard times in recent decades, twice passing through foreclosure. No longer functional as an office building, Cardinal Capital and Haywood Group partnered to develop Historic Germania Building as an engaging collection of 90, mixed-income, one and two bedroom apartments.

WHEDA Awards State Housing Tax Credits

On Thursday, August 30, 2018, the Wisconsin Housing and Economic Development Authority (WHEDA) announced a State Housing Tax Credit award to fund renovations at Cardinal Capital managed and affiliated multifamily developments in Wisconsin. The tax credits distributed by WHEDA will preserve a combined 218 affordable housing units.

Journey Home Celebrates with Grand Opening

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On Tuesday, July 24, 2018, Cardinal Capital joined development and investment partners to celebrate the grand opening of Journey Home, a 30-unit permanent supportive housing project for homeless families and individuals.

Journey Home first opened its doors in June, and within 72 hours each apartment had been leased. Located at 250 Justice Center Road, the 3-story development is the first homeless housing project built in a rural Colorado community. Combining housing with access to support services, Journey Home also connects residents with case management, mental health treatment and vocational training.

Journey Home has received an outpouring amount of support from the community. A local team put together a wish list of items they felt would help residents settle into their new home and within four days all apartments had been adopted. Members of the community hosted a benefit concert, as well as donated a barbecue grill, exercise equipment, computers for the computer lab, children's toys and books, local artwork and a quilt for each apartment. In addition, a volunteer cleaned 20 of the 30 apartments in preparation for move-in day.

Journey Home is the result of a unique partnership between Cardinal Capital and Loaves & Fishes Ministries of Fremont County.

Read more in the Canon City Daily Record article: Journey Home will celebrate grand opening Tuesday and more

Thurgood Marshall Apartments Wins HUD Secretary's Award for Healthy Homes

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Cardinal Capital is honored to join Wisconsin Housing and Economic Development Authority (WHEDA) in receiving the national U.S. Department of Housing and Urban Development (HUD) Secretary's Award for Healthy Homes for its housing project, Thurgood Marshall Apartments. The Healthy Homes award recognizes excellence in healthy housing innovation and achievement.

Developed by Cardinal Capital and Wisconsin Community Services, and financed by WHEDA, Thurgood Marshall Apartments, located in Milwaukee, Wisconsin, is a 24-unit, permanent supportive housing project for low-income individuals who are chronically homeless and suffer from chronic alcoholism.

In addition, Thurgood Marshall Apartments is Wisconsin's first New Harm Reduction housing development and a part of Milwaukee County's initiative, launched in the summer of 2015, to end chronic homelessness, a Housing First approach to homelessness. Housing First is based on the idea that a homeless individual or household's first and primary need is to obtain stable, permanent housing, only then can they find stability and begin rebuilding their life.

You can read more about the Healthy Homes Award here: HUD Announces Winners of 2018 Healthy Homes Awards

Excitement Builds as Residents Prepare to Move In at Journey Home

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Excitement is building as residents prepare to move into Journey Home in Cañon City, Colorado. Journey Home is a 3-story structure at 250 Justice Center Road that combines housing with access to support services for formerly homeless adults and families. Journey Homes is the result of a unique partnership between Cardinal Capital and Loaves & Fishes Ministries of Fremont County.

Click here to read more about project: Journey Home