A Door County business was one of the beneficiaries of improving workforce housing in the state when Governor Tony Evers announced the latest round of competitive funding for the Vacancy-to-Vitality, Restore Main Street, and Infrastructure Access loan programs on Tuesday.
Cherry Lanes in Sturgeon Bay was one of two housing projects in the state to receive Restore Main Street loans to rehabilitate housing on the second or third floors of existing buildings with commercial space on the ground level. Cherry Lanes will receive $160,000 to provide additional housing units, while Milwaukee’s Suite on Villard is eligible for $40,000. The two projects will add ten additional housing units.
Statewide, the Wisconsin Housing and Economic Development Authority (WHEDA) oversees the $100 million Vacancy-to-Vitality, $100 million Restore Main Street, and $275 million Infrastructure Access loan programs, all available for application semi-annually. To date, WHEDA has administered over $16.3 million of the available funding made possible through these programs, which the governor signed into law as part of the 2023-25 biennial budget.
