SENIOR HOUSING
Rural, central Wisconsin has a disproportionately higher percentage of aging adults than the nation as a whole. Many are at the stage in their lives where they no longer are able or want to live in single-family housing, but they want to live in the communities in which they lived and raised their families. In 2001, CAP developed its first Low Income Housing Tax Credit (LIHTC) project in Montello, Wisconsin, after convincing funders and investors that smaller senior housing projects (fewer than 24 units) could be financially viable in rural Wisconsin. Since then, CAP has developed 276 units of affordable senior housing using the LIHTC in 10 rural communities. Six of the projects were developed in partnership with four other Wisconsin Community Action Agencies. The success of CAP's approach is demonstrated by occupancy rates averaging 97%. Typically two units in each complex are rented to seniors of any income, and the balance is leased to households with incomes at or below 60% of county median. CAP tries to develop two to four LIHTC projects per year.

FAMILY HOUSING
CAP offers 106 units of affordable family housing in Marquette, Portage, Waushara and Wood counties. Projects like Oakridge, Bird Creek and Southtown Terrace in Wautoma have been recognized for CAP's ability to renovate with tenants "in-place."

SPECIAL NEEDS
CAP's special needs housing program involves a partnership with individual county departments of human services. CAP develops four-unit adult family housing and the county guarantees occupancy, provides support services, and pays an operating subsidy.

An analysis of savings by individual counties has found savings of $200 to $300 per month per resident in a CAP unit compared to group homes and up to $3,000 per resident per month compared to institutional care.

CAP offers 68 units of special needs housing in Marquette, Outagamie, Portage, Waupaca and Waushara counties.

For additional information, contact:
Beth Baar
Assistant Director of Housing
1-877-377-1434
bbaar@capmail.org

For other housing available in your county, please visit:
www.wheda.com