Federal and state officials announced at a press conference Monday (Nov.7) that Wisconsin will be one of six states taking part in a new federal pilot program to expedite the approval of affordable housing projects.
Developers of federally subsidized multifamily housing complexes typically rely on multiple sources of state and federal funding, and each funding agency currently has its own inspection requirements and other procedural checks. The pilot program removes the need for redundant inspections and other repetitive regulatory practices.
The initiative announced today, which is part of the Obama Administration’s commitment to better coordinate federal rental policy, is being piloted in Wisconsin, Michigan, Minnesota, Ohio, Oregon and Washington. Read more in an article today in Housing Wire.
Jon Peacock
