City of Baraboo Common Council Agenda 2026-05-26
City backs Driftless Lofts affordable housing loan
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Description
Baraboo approved a development agreement involving a $585,000 loan, routed through the Community Development Authority, to Driftless Lofts LLC to support construction of a 56‑unit affordable housing project in TID #12. The City will finance the CDA, which will then lend the funds to the developer under agreed terms.
Contract Details
Contract Amount
$585,000.00 loan (via CDA)
Vendor
DRIFTLESS LOFTS LLC
Agency
Baraboo Community Development Authority, WI
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Renewal Info
Development Agreement establishes loan terms between the City, CDA, and Driftless Lofts LLC; duration, repayment schedule, and any extension options are not detailed in the minutes.
More from DRIFTLESS LOFTS LLC
Related Contracts
City of Baraboo Common Council Agenda May 12 2026
PENDINGCity of Baraboo Finance-Personnel Committee Agenda Packet May 2026
RECOMMENDEDCity of Baraboo Common Council Agenda Packet May 12, 2026
APPROVEDBaraboo 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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