You will see the development of a large three-story apartment complex being built in Algoma when you travel along Fifth Street. Algoma City Administrator Matt Murphy says the project started with $1.7 million of Community Block Grant funding to blight about two-thirds of the block between Clark Street and Steele Street. After the blighted vacant properties were removed from the lot, a contract was awarded to Commonwealth Development in Madison after the Request for Proposals was vetted. Murphy shares the planned layout for the housing project.
Murphy says rent for the workforce development housing would start at about $600 monthly for a one-room apartment with a sliding scale based on your income. The complex is slated for tenants to move in by October 2025.
