DEVELOPERS TARGET DIFFERENT NICHES IN SPECIALIZED HOUSING PROJECTS
Tax Credit Advisor, November 2011 Vol. XXIII No. 11
Grand River Station, a mixed-use, mixed-income development in La Crosse, Wisc. It addressed the city’s long but previously unmet desire to create a downtown public transit hub. The new construction project contains a ground-level transit center for buses, ground-level retail space, a mix of 72 afford- able and market-rate apartments and 20 condos on the floors above, and numerous amenities. The LIHTC units are for residents earning up to 30, 50, and 60 percent of the area median income. In addition, the development in part targets artists, with some apartments reflecting a live-work theme and project amenities that include work spaces for artists and an art gallery.