DeForest Planning and Zoning Commission Agenda Packet January 2026
Iceberg Development Group to Lead Alice Place Ownership
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Description
Iceberg Development Group LLC will act as the managing partner and general partner for Alice Place DeForest, overseeing long-term ownership and operational control for the affordable senior housing project. This partnership supports compliance with federal low income housing tax credit requirements.
Contract Details
Vendor
ICEBERG DEVELOPMENT GROUP LLC
Agency
DeForest village, WI
Contract Type
OTHER
Document Date
January 27, 2026
Contract Term
General partner, project ownership year 1-15; full ownership after year 15; 30-year property restrictions
Renewal Date
2056-01-01
Renewal Info
General partner structure transitions to full ownership after 15 years; affordable housing restrictions last for 30 years.
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DeForest Planning and Zoning Commission Agenda Packet January 2026
DeForest Planning and Zoning Commission Agenda Packet January 2026
DeForest Planning and Zoning Commission Agenda Packet January 2026
DeForest Planning and Zoning Commission Agenda Packet January 2026
DeForest Planning and Zoning Commission Agenda Packet January 2026
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