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The
HomeWorks New Housing Development Program
provides affordable housing and home ownership
opportunities in our communities. We
partner with private for-profit businesses and
non-profit groups to plan,
finance, and build good quality, affordable housing that is
energy efficient and responds to local community needs.
HomeWorks is also committed to providing long-term
housing options that allow residents to build their personal
assets through mutual or cooperative ownership. West
CAP’s Non-Profit
Housing Development Organization West
CAP is a certified nonprofit Community Housing Development Organization.
We utilize a variety of financing and tax credit options to lower project
costs
and
increase affordability. Over the past eight years we have developed,
either through acuisition and renovation, or through new construction,
163 housing units of housing in five different communities in western
Wisconsin and one project in Iowa. On
a typical project, HomeWorks coordinates the land purchase, assembles
the development team and partners, arranges financing, serves as
the general contractor, and stays with the project as asset and property
manager (see the property management section of our website). On
some projects we are able to offer low- income housing tax credits
to investment companies. We are also able to assist private developers
in obtaining lower-cost financing so that some of the units can be available
for rental at below market rates.
HomeWorks provides asset and property
management services for all our properties.
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Joint
Ventures, Partnerships, and Financing Assistance
HomeWorks actively seeks
partnerships with a companies and organizations that share our goals.
Some examples include:
- The
Gandolf Group - 48 apartments for low-income families in River
Falls
- MSP
Real Estate - senior housing in Chippewa Falls
- United
Migrant Opportunity Services (UMOS) - housing for migrant agricultural
workers
- The
University of Wisconsin and the Wisconsin Indianhead Technical
College system - affordable student apartment housing
- A
family business in St. Croix Falls that is interested in providing
housing for employees
in entry level jobs in
a community where
housing opportunities are very limited.
- Hammond
Community Development Corporation, a non-profit community group sponsoring
a senior housing project.
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Examples of Housing Development Partnership
Below are several detailed
descriptions of some of our work: Migrant farm worker housing in Barron County
Housing
for migrant farm worker families is very difficult to find, and what
is available is often substandard and high priced. This problem
came to our attention through an informal group of ministers in Cumberland,
Wisconsin. Using the name, “Migrant Ministers”, they started
to advocate for farm worker families who would come to northern Wisconsin
in the early summer and often stay through September. Migrants work on
farms, dairy operations, with fruit and vegetable growers, and in other
agricultural jobs. While researching how to provide housing for this
population, we found United Migrant Opportunity Services or “UMOS” which
operates both housing projects and day care services for migrant families.
We started working together two years ago, and now have an application
for financial assistance submitted to the U.S. Department of Agriculture
to build farm worker housing in Barron.
Many entry-level jobs are now available on an annual basis, some in
agriculture and some in food processing. There are more of these jobs
than the local labor supply can fill. We have discovered that the Somali
population from Minneapolis, as well as the Laotian and Mexican populations,
are now expanding to Barron County to take these jobs. The ethnic composition
of our region is changing dramatically with very little service or housing
support. In response, the community of Barron has formed the Diversity
Center with an office in Barron. They provide translation and advocacy
services to the newly arrived families, but they are having a difficult
time finding satisfactory housing. To the extent that Somalis are able
to qualify as farm workers, they will be eligible for the U.S.D.A. housing
program. Much more work is needed in organizing the local ethnic communities
and helping them apply for housing programs that are designed for their
unique cultural needs, such as a community center and common kitchen.
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Community development, cooperative housing for low-income seniors
Hammond Development Corporation, Hammond, Wisconsin
The village of
Hammond, has asked our help in developing housing for low-income seniors
who want to remain in St. Croix County, which is the fastest growing
county in Wisconsin.
We are providing
consulting services and helping them raise funds. This project is local,
grassroots, and designed not only to provide needed housing but also
in a broader sense, to save a small but valuable town that is able to
provide a very high quality of life.
Low income housing tax credits for working families in the City of St.
Croix Falls
At the request of a private commercial developer
in the City of St. Croix Falls, West CAP applied for and has receive
an allocation of the low-incme housing tax credit program. We have also
receive HOME funds from the State of Wisconsin Department of Administration,
and an Affordable Housing Program grant from the Federal Home Loan Bank
of Chicago. The city has almost no housing that is affordable to lower
income working families,
while the
number of
entry
level jobs
is expanding dramatically. We were approached by the developers of
a new Holiday Inn and Embers restaurant, which adjoins a new Market Place
Foods and an expanding Wal-Mart. These businesses are becoming a shopping
magnet for the St. Croix Valley and Polk County. West CAP has a purchase
agreement on a very adequate site that the City has zoned for medium
density housing. The city’s Strategic Smart Growth Plan calls
for affordable housing, but the city does not have the capacity to
actually
develop housing. The community does not have a non-profit development
company, so it is an excellent opportunity for West CAP to provide
a development service.
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Low-income student housing adjoining the Wisconsin Indianhead Technical
College (WITC) and University of Wisconsin Barron County (UWBC) campuses.
Rice Lake, WI
For 25 years the two campuses, WITC and UWBC, have expressed interest
in providing housing close to campus in order to increase student enrollment.
The City of Rice Lake has a nearly zero vacancy rate and private developers
have been reluctant to build new apartments for students. For these reasons,
many students find that they cannot attend college because housing at
any price is not available. Some students have been out of high school
for a few years and have children, making financial demands even more
difficult to meet. If they are recent high school graduates, many do
not have high-paying jobs. Without affordable housing, these individuals
cannot go to college to improve their skills.
After meeting with the staff of both educational institutions for many
months, the City of Rice Lake recently approved rezoning and a certified
survey map for the project. We are currently working on the final version
of a development plan with the city. We have
purchased
one
existing
building close to the campuses and using some extra land in that purchase
in addition to land from the city to create a high-quality development
site within reasonable walking distance of the campuses. The city is
very supportive of this effort because it will also allow for the development
of a technology park and open streets for new commercial development.
We are truly engaged in a community planning project, using student housing
and the educational institutions as the anchor. To date, the work has
been supported by the foundations affiliated with each campus.
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General Contracting Services
HomeWorks has served as a general contractor in building 86 units of
housing worth more than $12 million. We are able to provide all the general
contracting services:
- Selection
of development team
- Site
selection and land acquisition
- Financial
packaging
- Design
coordination and permit approvals
- Subcontractor
bidding, negotiating, selection, contract signing, and construction
management
- Construction
coordination
- Draw
processing and financial management during construction
- Coordination
with accountants and investors
- Construction
budgeting
- Notices
of substantial completion
- Coordination
of cost certification audits
- Marketing,
new resident orientation and training
- Property
management upon completion
Our projects are completed on time and within budget.
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