Affordable Housing Multifamily Project

By Kaili Berg

     Heena Development is working with the Ho-Chunk Nation and HHCDA (Ho-Chunk Housing and Community Development Agency) on an affordable housing multifamily project.

     The Ho-Chunk Nation successfully submitted an application in WHEDA’s competitive tax credit process, but an award is not guaranteed yet.

     The total costs continue to be a moving target. If awarded, there will be a better grasp on the total cost of the financial program of the project, infrastructure, construction, and financing costs.

     The project consists of a 40 unit, low income apartment complex located in Baraboo, Wisconsin.

     The apartment complex will feature a large sustainability component to enterprise green community standards including solar panels, storm water management, high efficiency appliance packages, and electric vehicle charging stations.

     “We have a lot of work to do. I will be working with the Nation’s departments to collaborate and ensure we’re prepared along with bringing all of the necessary resources to the project,” said Collin Price, Principal of Heena Development.

     “We’re very excited for this opportunity that helps address the ongoing housing needs of our communities. This does not solve the Nation’s housing crisis, but it is one piece of the puzzle that helps mitigate the crisis and provides families with safe, new, and affordable housing.”

     If awarded, the project is estimated to break ground in 2024 to 2025.