RIVER Housing Projects Advance in Wisconsin, New York

The Rhinelander plan commission approved a Conditional Use Permit (CUP) for a new senior housing development for residents aged 55 and older.

A new affordable housing complex in Watertown, NY will offer 32 income-based rental units with rent set between $617 and $870 per month according to local reports.

These developments aim to address housing needs for older populations and veterans while potentially freeing up housing for younger residents as community planning suggests.

The Rhinelander plan commission approved a Conditional Use Permit (CUP) for a senior housing project off Boyce Drive during its Jan. 13 meeting. Developed by Riverview Hall, LLC, the project will use WHEDA credits to determine rent based on income. This approach ensures affordability for residents aged 55 and older, with 10% of the units designated for veterans. The Rhinelander mayor emphasized the importance of such developments in accommodating the aging population while freeing up housing for younger residents. The project is subject to conditions including the submission of a site plan and coordination with the DOT and DNR due to its proximity to state-owned land. The plan commission also approved a site plan for Dahl Auto, involving the demolition of an existing structure and the construction of a new building.

In Watertown, NY, a new affordable housing complex will provide 32 income-based rental units. Monthly rent will range from $617 to $870 depending on income. These units will be managed by Neighbors of Watertown and aim to serve as affordable housing for the local community.

What Are the Expected Local Impacts of These Developments?

Both developments are designed to address local housing challenges. In Rhinelander, the project targets an aging population while simultaneously addressing the need for housing for younger residents. The allocation of 10% of units for veterans adds a layer of social equity to the project. In Watertown, the affordable housing complex is expected to provide stable, low-income housing options for residents with a specific income range. These projects highlight a growing trend in local communities to address housing affordability and accessibility through income-based and senior-focused developments.

The Rhinelander project also involves coordination with state agencies due to its proximity to state-owned land. This adds a layer of complexity and oversight to the project, ensuring that environmental and infrastructure concerns are addressed. The project's approval represents a step forward in addressing housing supply challenges in the region.

How Might These Developments Influence Housing Markets and Demographics?

These developments may influence local housing markets by increasing the availability of affordable housing for specific demographics. The Rhinelander project will provide a housing option for seniors while potentially freeing up other homes for younger residents. In Watertown, the affordable housing complex could stabilize local rental markets by offering predictable and regulated pricing for 32 units. This type of development may also influence future housing policy and investment in the region, encouraging further income-based and senior-focused projects.

The inclusion of veterans in the Rhinelander project underscores the importance of addressing specific housing needs for vulnerable populations. This can serve as a model for other communities aiming to incorporate social equity into their housing strategies. Additionally, the use of WHEDA credits in Rhinelander demonstrates a policy-driven approach to ensuring affordability, which may influence similar programs in other municipalities.