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CONSTRUCTIONPENDING

Baraboo Community Development Authority Agenda Driftless Lofts Project Meeting 2026-06-02

Baraboo CDA Plans Major Affordable Housing Financing with Driftless Lofts LLC

$1,750,000 (Affordable Housing Program funds), $2,922,772 (WHEAP funds), $585,000 (TIF funds)Baraboo Community Development AuthorityDRIFTLESS LOFTS LLCJune 2, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Baraboo CDA is considering a 98-year ground lease and several loan agreements totaling over $5.2 million to Driftless Lofts, LLC, for the construction of the Driftless Lofts affordable housing project.

Contract Details

Contract Amount

$1,750,000 (Affordable Housing Program funds), $2,922,772 (WHEAP funds), $585,000 (TIF funds)

Vendor

DRIFTLESS LOFTS LLC

Agency

Baraboo Community Development Authority, WI

Contract Type

CONSTRUCTION

Document Date

June 2, 2026

Contract Term

98 years (ground lease)

Renewal Date

2124-06-02

Renewal Info

Ground lease for 98 years; potential amendments subject to future CDA and developer action.

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