Gerrard Corporation and the Superior Housing Authority, in partnership with the Federal Home Loan Bank of Chicago, have secured $645,000 total in grant revenue toward Cottages of Superior Phase I and II, an affordable housing development for seniors and families in Superior.
The first phase of the project, Cottages of Superior Phase I, broke ground south of the fairgrounds in May, after being awarded $300,000 in grant funds by FHLB. Two buildings have been developed as a result of the project. The first building is open beginning January 2017, with the second building following completion shortly afterward in February.
Cottages of Superior is currently accepting applications. To apply, please contact the housing authority, Terri Miles, at 715-394-6601. Some income restrictions may apply.
Gerrard Corporation also was awarded $345,000 in funds through the Affordable Housing Program toward Cottages of Superior Phase II, located on Hammond Avenue next to the newly constructed 51st Street in south Superior. Development begins April. Weather permitting, construction will be completed during the fall, and the new unit will be ready for occupancy next November.
The new 24-unit multifamily development will include one-, two-, and three-bedroom units designed for general occupancy by families and seniors. The building will be constructed in a garden/cottage style design, and tenants will enjoy in-floor owner-paid radiant heat, individual entrances, a private patio, and attached garage. Heat and hot water, sewer and trash collection costs are all included. Appliances in each apartment include stove, refrigerator, microwave, dishwasher, washer and dryer, garbage disposal and air conditioner. Many safety features are also included, such as 100 percent Americans with Disabilities Act accessible bathrooms with included grab bars. The property will feature support services from a family care provider certified by the state of Wisconsin. Additional parking will be available, along with a community room that will provide extra amenities not generally offered in this market. These amenities will include exercise equipment, a gaming area, and a manager's office with access to a telephone and extra computers that promote educational service. This space will also host a wellness center designed to promote empowerment and health.
