City of La Crosse proposal to buy Northside building clears first hurdle
The proposal calls for converting the building into affordable housing units
LA CROSSE (WKBT) — The City of La Crosse is moving forward with its plan to develop an affordable housing complex.
A committee passed the resolution to spend roughly $2.6 million dollars of American Rescue Plan Act funds to buy the former Marine Credit Union headquarters. The plan is to convert the Monitor Street building into roughly 30 affordable housing units.
Tuesday’s vote is the first of many hurdles the proposal needs to clear. It must be passed by the finance committee and full council, and be re-zoned as a residential property.
City leaders are passionate about the project. They say La Crosse needs more housing options of all kinds.
“Housing is one of the biggest challenges of this community. It has been identified over and over again as a concern. So, any housing that we can bring to this community, we need housing for all income levels. We are excited this opportunity is coming forward, ” Community Development Administrator, Diane McGinnis Casey, said.
If all goes as planned, the city council is expected to vote on the full proposal in October. Construction would start in the spring of 2023. The city cannot estimate when the complex would open to tenants.
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