Currently Reading

Youth Aging Out of Foster Care to Receive Affordable Housing

New-Construction Projects

Youth Aging Out of Foster Care to Receive Affordable Housing

Two development teams are vying to build affordable housing in Madison, Wis., that includes units set aside for youth aging out of the foster care system 

September 14, 2023
Aerial view of waterfront in Madison, Wisconsin
Image: James / stock.adobe.com

Two development teams are competing to build affordable housing on an empty lot in Madison, Wisconsin's South Park Street neighborhood. The proposed project includes up to 43 units, with a focus on providing housing for young adults aging out of the foster care system, along with supportive services. 

JW Realty and Investments has proposed a $14 million, 43-unit project, while Watersview Investments Group and Youthful Savings aim to build 33 units with surface parking for 17 vehicles at a cost of $11.9 million. Both proposed projects include units for youth aging out of foster care, the Wisconsin State Journal reports. City staff will recommend one of the teams for approval, with construction expected to begin by mid-2025.

During a city Community Development Block Grant Committee meeting last week, project partner JustDane said youth would benefit from the agency’s connections in the community.

“They’re going to leave the program at 24 and they have a social system, they have a peer group, they have a support network within the community,” said JustDane executive director Linda Ketcham. Other partners in the project include Lutheran Social Services and The Road Home, a Madison agency serving the homeless.

Read more



Related Stories

Build to Rent

Why the Boom in Rental Apartment Construction Isn't Helping Affordability

A rental apartment construction boom isn't enough to resolve the growing affordability crisis, especially when most of those units are high-end and aren't located where housing is most needed

Housing Markets

Florida Is Now the Second Most Valuable US Real Estate Market

Housing markets such as Florida are seeing substantial growth driven by an uptick in new construction

New-Construction Projects

St. Paul to Receive 1,000 Energy-Efficient, Affordable Housing Units

A new housing development on the site of a former golf course is bringing 1,000 affordable, energy-efficient units to St. Paul, Minn.


Top Articles


More in Category

COVID-19 may be easing its grip on the U.S. after a disastrous two years, but lingering supply chain disruptions have builders holding onto their pandemic business tactics

An archive of NHQA-winning companies that represent home building's best in Total Quality Management

Don’t let the current hype about single-family B2R communities obscure the need to create long-term sustainability and asset value


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.