PROJECTCONTRACT ADMIN

Driftless Apartments reverse TIF payment

La Crosse Housing Authority
Detected
Oct 28, 2026
5 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 5 days agoOct 28

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From the meeting

The annual development agreement compliance review for MSP - The Driftless Apartments covered a 120-unit affordable/workforce housing project with a $20,000,000 minimum construction cost and a $9,600,000 tax guarantee by tax year 2027. The recommendation was to disburse payment to the developer under the reverse TIF arrangement. This is follow-on contract administration on an existing development agreement, useful for tracking the incumbent and future compliance payments.

Meeting date
October 28, 2026
Agency
La Crosse Housing Authority

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