Shorewood Considers $1.6M Subsidy, Land Sale for Affordable Housing
Shorewood villageCity · Shorewood, WI- Disclosed value
- $1.6 million (22% of estimated project costs)
- From agenda
- Document date
- Feb 25, 2026
The 30-second brief
The Village of Shorewood is considering awarding $1.6 million in TID extension funds and the sale of 4448-4450 N. Oakland Avenue to Spoerl Commercial LLC for the construction of a 19-unit affordable housing project. The award and sale are contingent upon external financing and an executed development agreement committing to affordability. Final decisions are expected following the WHEDA tax credit award in May 2026.
Spoerl Commercial LLC holds this construction contract with Shorewood village. Its other public contracts on record include work for Wisconsin Housing and Economic Development Authority and City of Sturgeon Bay.
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Contract details
- Contract type
- Construction
- Amount
- $1.6 million (22% of estimated project costs)
- Document date
- February 25, 2026
- Vendor
- Spoerl Commercial LLC
- Agency
- Shorewood village
- Source document
- Village of Shorewood Community Development Authority Meeting Agenda February 25 2026 (Agenda)
Spoerl Commercial LLC's other public contracts
More Shorewood village contracts
Questions about this contract
Who was awarded the construction contract by Shorewood village?
Spoerl Commercial LLC was awarded this construction contract by Shorewood village, as recorded on February 25, 2026. The contract value is $1.6 million (22% of estimated project costs).
How much is the Spoerl Commercial LLC contract with Shorewood village worth?
The Spoerl Commercial LLC contract with Shorewood village is valued at $1.6 million (22% of estimated project costs), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Village of Shorewood Community Development Authority Meeting Agenda February 25 2026 (Agenda), dated February 25, 2026 from Shorewood village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Spoerl Commercial LLC hold?
Spoerl Commercial LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Shorewood village currently buying?
Explore Shorewood village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.