A 101-unit affordable apartment development planned for Wauwatosa seeks federal grant to help finance project

Christel Deskins

© City of Wauwatosa Walnut Glen affordable apartments are planned for the site outlined in red. An affordable apartment development planned for Wauwatosa’s west side is seeking a federal grant to help finance the project. The 101-unit Walnut Glen Apartments is to be developed by Madison-based Horizon Development Group Inc. […]



a close up of a machine: Walnut Glen affordable apartments are planned for the site outlined in red.


© City of Wauwatosa
Walnut Glen affordable apartments are planned for the site outlined in red.

An affordable apartment development planned for Wauwatosa’s west side is seeking a federal grant to help finance the project.

The 101-unit Walnut Glen Apartments is to be developed by Madison-based Horizon Development Group Inc. at 1535 and 1565 Rivers Bend.

That project site is south of West Walnut Road, between North 113th and North 116th streets.

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Walnut Glen would feature a four-story, 87-unit building for seniors, and a 14-unit town home building targeting younger families with children, according to a Wauwatosa Plan Commission report.

The project’s financing includes federal affordable housing tax credits.

Developments that receive those tax credits must rent at least 85% of the units to people earning no more than 60% of the local median income.

Horizon Development also is seeking a $700,000 federal HOME grant to help Walnut Glen.

That’s according to a new report to the Milwaukee County Board, which must approve the grant.

Horizon Development and its partner, Midwest Affordable Housing Corp., hope to begin construction this fall on the 14-unit town home building, with completion by July.

Construction on the 87-unit senior apartment building would begin in spring 2021. That building would open in spring 2022.

Tom Daykin can be emailed at [email protected] and followed on Instagram, Twitter and Facebook.

This article originally appeared on Milwaukee Journal Sentinel: A 101-unit affordable apartment development planned for Wauwatosa seeks federal grant to help finance project

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