Multifamily Posts

By Ashley McCallum, Janesville Gazette   The Janesville Plan Commission on Monday approved a plan to develop 260 apartment units just west of Interstate 90/39 off East Racine Street—but not without a lengthy discussion to clarify some details. Representatives from the project’s developer, Hovde Properties, had...

By Jim Dayton, Janesville Gazette While Janesville City Council members wanted more details on the use of tax increment financing for development of multifamily housing, they were all open to the idea during their meeting Monday night. The council took no action but discussed modifying city policy to give more...

By Jim Dayton, Janesville Gazette If a project helps address Janesville’s housing shortage, and if the financial details make sense, city council members said they’re open to using tax increment financing to subsidize residential development. They stressed the council must unravel those ifs before approving any...

JANESVILLE—It’s been nearly a decade since an apartment building has been constructed in Janesville, and the city has felt the effects of low vacancy. But with the recession in the rear-view mirror, Economic Development Director Gale Price predicts that new apartment buildings will be springing up soon. Read...