Youth-centered housing project on south side would serve young adults exiting foster system
Madison’s Community Development division plans to release a request for developer proposals for a first-ever, youth-centered, new-construction housing project on a south side vacant property, according to the Wisconsin State Journal.
The site, located at 1202 S. Park St. and currently owned by the city, was previously cleared to make way for an $11 million, four-story project with support services for homeless adults, before that project was dropped.
The new project would aim to create safe, quality, affordable rental housing; set aside units to serve young adults, ages 18–24, who are exiting the foster system or other specialized care systems; and provide support services to transition those young adults to independent living.
The city hopes to make $2 million in federal American Rescue Plan Act funds available, along with a possible transfer or lease of the property, for the project.
The city’s request for proposals is expected to be issued next week; responses will be accepted through June 23. A resolution with staff recommendations will be introduced to the City Council Sept. 5 following a review process. Final council action is expected Sept. 19.
Construction would be expected to begin in early 2024 to mid-2025, depending on financing.