Cardinal Capital Management, Inc. in partnership with Journey House is pleased to announce the start of construction on Clarke Square Apartments.
The $8.5 million new construction project will feature two, three-story buildings on Milwaukee’s south side, across from Clarke Square Park. The development will provide an affordable housing option to the community with 10 of its 40 units set aside for youth who have turned 18 and aged out of the foster care system.
The project will have a mix of 20 one-bedroom units, 14 two-bedroom units and six three-bedroom units. In addition, there will be surface and underground parking.
Clarke Square Apartments are being developed with financing from WHEDA, Associated Bank, Boston Capital, Federal Home Loan Bank of Chicago and the City of Milwaukee HOME Funds.
Construction will commence in spring 2019 with leasing to commence later in the fall.
For project updates, please visit Journey House’s website at http://www.journeyhouse.org/housing.html
About Cardinal Capital Management, Inc.
Cardinal Capital Management, Inc. is a social impact development company based in Milwaukee, Wisconsin and responsible for approximately 10,000 units of housing across the United States, predominantly in the Midwest.
About Journey House
Journey House empowers families on Milwaukee’s near Southside to move out of poverty by offering adult education, youth development, workforce readiness and family engagement.