City of Baraboo Common Council Agenda Packet May 12, 2026
City Approves $585K TID Loan for Driftless Lofts Housing
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Description
The Baraboo Common Council approved a Development Agreement with the Community Development Authority and Driftless Lofts LLC providing a $585,000 loan from TID #12 proceeds. The financing will support construction of a 56-unit affordable housing project known as Fordham Place.
Contract Details
Contract Amount
$585,000 loan
Vendor
DRIFTLESS LOFTS LLC
Agency
Baraboo Community Development Authority, WI
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Development Agreement establishes loan incentive terms for the project; future amendments or extensions would be governed by that agreement.
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Related Contracts
City of Baraboo Common Council Agenda 2026-05-26
APPROVEDCity of Baraboo Common Council Agenda May 12 2026
PENDINGCity of Baraboo Finance-Personnel Committee Agenda Packet May 2026
RECOMMENDEDBaraboo Community Development Authority Meeting Agenda May 2026
PENDINGBaraboo Community Development Authority Executive Committee Agenda May 2026
PENDINGIssuing Agency
Baraboo Community Development Authority
Local Housing Authority
Baraboo, WI
More from Baraboo Community Development Authority
City of Baraboo Finance-Personnel Committee Agenda Packet 2026-05-26
City of Baraboo Finance-Personnel Committee Agenda Packet 2026-05-26
City of Baraboo Common Council Agenda 2026-05-26
City of Baraboo Common Council Agenda 2026-05-26
City of Baraboo Common Council Agenda 2026-05-26
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