{"id":10489,"date":"2017-05-25T17:04:12","date_gmt":"2017-05-25T17:04:12","guid":{"rendered":"http:\/\/www.impactseven.org\/?p=10489"},"modified":"2021-07-27T18:52:09","modified_gmt":"2021-07-27T18:52:09","slug":"seven04-place-apartments-lihtcs","status":"publish","type":"post","link":"https:\/\/www.impactseven.org\/seven04-place-apartments-lihtcs\/","title":{"rendered":"Seven04 Place Apartments Awarded Additional Tax Credits"},"content":{"rendered":"<h2 data-fontsize=\"34\" data-lineheight=\"48\">Seven04 Place Apartments advances\u00a0with additional\u00a0tax credits<\/h2>\n<p>Impact Seven and <a href=\"http:\/\/www.ruleenterprisesllc.com\/\">Rule Enterprises<\/a>\u00a0are 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.<\/p>\n<p>Seven04 Place Apartments is a proposed 60-unit affordable development located in the <a href=\"https:\/\/walkerspoint.ning.com\/\">Walker\u2019s Point<\/a> neighborhood of <a href=\"http:\/\/www.ci.mil.wi.us\/display\/router.aspx\">Milwaukee, Wisconsin<\/a>. The development site is located at the intersection of the Walkers Point and <a href=\"http:\/\/walkersquare.org\/\">Walkers Square<\/a> neighborhoods. The site is highly accessible to public transportation as it is within blocks of multiple Milwaukee County Transit System bus stops and a 10-minute bike ride to downtown Milwaukee. Walkers Point is one of the most walkable neighborhoods in the City of Milwaukee and the site has a Walkscore of 85.<\/p>\n<p>The development will consist of 60 one-, two- and three-bedroom apartments, with roughly 84% of them designated as affordable units.<\/p>\n<p>Amenities will include an on-site property management office, multi-purpose community lounge, security camera system and electronic key card access. The units will include in unit washers and dryers.<\/p>\n<p>Additional proposed funding sources include FHLB Affordable Housing Program funding, TIF financing, City of Milwaukee Housing Trust Fund and HOME funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seven04 Place Apartments advances\u00a0with additional\u00a0tax credits Impact Seven and Rule Enterprises\u00a0are 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 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":18609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[39,37],"tags":[],"class_list":["post-10489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-impactsevennews","category-rdnews"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Seven04 Place Apartments Awarded Additional Tax Credits - Impact Seven<\/title>\n<meta name=\"description\" content=\"Seven04 Place Apartments is a proposed 56-unit affordable development located in the Walker\u2019s Point neighborhood of Milwaukee, Wisconsin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.impactseven.org\/seven04-place-apartments-lihtcs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seven04 Place Apartments Awarded Additional Tax Credits - 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