Affordable housing to be built in Watertown
An affordable housing project is being planned for land near the campus of Madison College in Watertown.
The college the property, which covers 0.8 acres, to Habitat for Humanity of Waukesha and Jefferson Counties over the summer. Six duplexes will be built on the property. Such sites often rely on banner printing to inform the community of such upcoming projects.
The director of development and marketing for the local Habitat for Humanity group, Sue Vock, said this property is halfway between Milwaukee and Madison and has attracted the attention of many businesses which have expanded in the area and so affordable housing is needed. Vock added that this project that will house 12 families will create an instant community.
These homes are geared towards families making between 20 and 80 percent of the median income in the area and for those residents who meet obstacles when trying to qualify for a traditional housing loan. Mortgage payments will be no more than 30 percent of the monthly income of the buyer.
Volunteers are the primary source of labor for Habitat for Humanity so the cost to build a home is greatly reduced as donations of materials are also accepted. Those who will be buying the homes typically work on their own homes and receive financial education.
It is expected that ground will be broken this fall with occupancy set for some time next year.
The college the property, which covers 0.8 acres, to Habitat for Humanity of Waukesha and Jefferson Counties over the summer. Six duplexes will be built on the property. Such sites often rely on banner printing to inform the community of such upcoming projects.
The director of development and marketing for the local Habitat for Humanity group, Sue Vock, said this property is halfway between Milwaukee and Madison and has attracted the attention of many businesses which have expanded in the area and so affordable housing is needed. Vock added that this project that will house 12 families will create an instant community.
These homes are geared towards families making between 20 and 80 percent of the median income in the area and for those residents who meet obstacles when trying to qualify for a traditional housing loan. Mortgage payments will be no more than 30 percent of the monthly income of the buyer.
Volunteers are the primary source of labor for Habitat for Humanity so the cost to build a home is greatly reduced as donations of materials are also accepted. Those who will be buying the homes typically work on their own homes and receive financial education.
It is expected that ground will be broken this fall with occupancy set for some time next year.