City Amends Driftless Apartments Development Agreement and Value Guarantee
City of La CrosseCity · La Crosse, WI- Document date
- Aug 26, 2026
- Renews
- Free account
The 30-second brief
The City of La Crosse is approving a first amendment to its development agreement with The Driftless Apartments, LLC, clarifying the 120-unit affordable/workforce housing project and establishing a guaranteed minimum assessed value of $9.6 million with associated Deficiency PILOT obligations. The amendment also serves as a certificate of completion for the project and ties the value guarantee to the life of Tax Increment District #18.
Driftless Apartments LLC holds this contract with City of La Crosse. Its other public contracts on record include work for La Crosse Housing Authority.
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Contract details
- Document date
- August 26, 2026
- Term
- Minimum assessed value guarantee of $9,600,000 beginning tax year 2027 for at least 20 years or the life of TID #18, whichever is longer; additional 5-year Deficiency PILOT obligation after TID #18 life for City-only tax rate
- Renews
- Free account
- Vendor
- Driftless Apartments LLC
- Agency
- City of La Crosse
- Source document
- City of La Crosse Economic and Community Development Commission Meeting Agenda 2026-08-26 (Agenda)
Driftless Apartments LLC's other public contracts
More City of La Crosse contracts
Questions about this contract
Who was awarded the government contract by City of La Crosse?
Driftless Apartments LLC was awarded this government contract by City of La Crosse, as recorded on August 26, 2026.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of La Crosse Economic and Community Development Commission Meeting Agenda 2026-08-26 (Agenda), dated August 26, 2026 from City of La Crosse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Driftless Apartments LLC hold?
Driftless Apartments 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.
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What is City of La Crosse currently buying?
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