CDA - Milwaukee County RFP Info Session - Shared screen with speaker view
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Teig, what are expectations as to rent increases over time? (i.e. 10 units at $650 initially, but how are increases handled over time)?
Other funders of affordable housing, including WHEDA, the County, and Federal Home Loan Bank, use Area Median Income set-asides as the requirement for affordability. Would CDA consider replacing language related to $650/month (for rent) and $12-24/hour (for wage) with affordability targets related to AMI?
Teig, will responses to questions submitted this Friday be provided prior to RFP submittal?
Should the priority rents ($650, $1000, and $1250) be reduced by a Utility Allowance?