Commonwealth Moves Forward with Two Wisconsin Affordable Housing Developments Upon Receipt of LIHTC Awards

May 20, 2024

On Thursday, May 16, 2024, the Wisconsin Housing & Economic Development Authority (WHEDA) awarded $32.5 million in competitive Federal and State housing tax credits to help advance affordable housing and economic recovery in Wisconsin. The awards will support 23 housing projects totaling 1,383 units, including 105 combined units at The Corridor and 700 Grand developed […]

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Fairhaven Summit has Officially Closed

May 8, 2024

The Commonwealth Companies and Wisconsin Partnership for Housing Development are thrilled to see 77 units of family housing find their place in Asheville, NC.  I commend our team for their determination amidst the myriad of challenges this project encountered along the way. Our collaborators truly embodied partnership throughout, standing by this project for over 2.5 years […]

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Commonwealth Celebrates Numerous Closings, Credit Awards, and Multifamily Community Completions During the Summer of 2023

September 7, 2023

It sure has been a busy summer for The Commonwealth Companies, including Commonwealth Development Corp., Commonwealth Construction Corp., and M+A. In addition to opening numerous affordable housing multifamily properties across the U.S., we were thrilled to celebrate back-to-back closings and tax credit awards. Read on to see what we have been up to over the […]

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Spartan Lofts Named a “Top Project” by the Daily Reporter

May 26, 2023

On May 18th, the Daily Reporter honored 42 outstanding construction projects during its 24th annual Top Projects event. The Top Project award showcases exceptional achievements based on the project’s overall complexity, innovative solutions developed, project success, and value to the community. You may have heard that at the event we also received the “Peoples Choice […]

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Credit Award for Puritas Senior Apartments – Cleveland, OH

May 19, 2023

More great news for Ohio! Last week, Commonwealth received the news that Puritas Senior Apartments in Cleveland, Ohio was awarded a 9% credit allocation from the Ohio Housing Finance Agency! This $14.4M development will provide 48 1 & 2-bedroom homes to seniors (55+) making between 30-70% of the area median income. Residents will have access […]

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Commonwealth Construction Receives Award of Honor for Zero Recordable Accidents from ABC

May 18, 2023

The ABC of Wisconsin has announced its 2022 Chapter Safety Awards. These awards are presented annually by the Chapter Safety Committee, which evaluates contractors’ safety performance and recognizes company safety accomplishments. We are proud that Commonwealth Construction received an Award of Honor for Zero Recordable Accidents. A shoutout goes to our field teams for keeping safety a […]

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View 14 Closing – Sheboygan, WI

May 17, 2023

View 14 – Closing Announcement! Upon completion, this $15 million dollar investment will house 48 families within the downtown corridor of Sheboygan, WI. View 14 promotes a wide tenant dispersion targeting households at 30% Area Median Income (AMI) all the way up to market rate. I am incredibly proud of the team for getting this […]

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Women in Construction Week Feature

March 10, 2023

As #WICWEEK2023 comes to an end, we want to take the opportunity to repost about four valuable team members that were also featured in 2022. Alvira, Jennifer, Jessica, and Dede have spent another year providing endless support and knowledge to our leadership and field teams and we want to send out a sincere ‘thank you’ […]

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Women in Construction Week Feature

March 8, 2023

Women in Construction (WIC) Week highlights the wide range of opportunities available to women in the construction industry and celebrates women thriving in their roles. We are fortunate to have a talented team of women at Commonwealth and look forward to featuring some of them this week. Today, we would like to highlight Lucy, one […]

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Groundbreaking at The Commons at St. Anthony’s

August 16, 2022

This past Friday, we held the much-anticipated Groundbreaking at The Commons at St. Anthony’s in Amarillo, Texas! It took many years to get this project the approval and funding it needed, and we couldn’t be prouder to be a development partner with @KRS Housing, LLC and @Crossroads Housing Development Corporation. Wait until you see this […]

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Brooke Street Lofts Closing

August 1, 2022

Located on the same street as our Corporate HQ, Brooke Street Lofts in Fond du Lac, Wisconsin closed July 29th and will be an adaptive reuse of the prior historic Northern Casket Company and Winnebago Cheese Company buildings. This $16.6M development will consist of 62-units including one, two & three-bedroom homes for families making at or below 80% of the area […]

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The Reveal – Grand Opening/Ribbon Cutting

July 26, 2022

At the end of July, we celebrated the Grand Opening/Ribbon Cutting for The Reveal – a 150-unit affordable housing apartment community in New Orleans, Louisiana. Many thanks to all who have supported this project along the way and to those who came to celebrate this great community asset! Click here to read the full release from […]

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Spartan Lofts Grand Opening

June 22, 2022

On Tuesday, June 21st, we celebrated the Grand Opening of Spartan Lofts – the new affordable housing offering in Sparta, Wisconsin! It was a great turnout with hundreds of people touring the renovated school that preserved much of the historic charm that many remembered from when they attended or taught there. Thank you to the […]

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Commonwealth Named Ninth Largest Developer in the U.S.

June 13, 2022

Earlier this month, Affordable Housing Finance (AHF) released the list of the Top 50 Affordable Housing Developers in the United States. A local developer, Commonwealth Development Corporation, has been ranked ninth in the nation for 2021. Rankings are based on the success of affordable housing developers across the U.S., primarily focusing on units that have […]

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Tax Credit Awards in Wisconsin and Ohio

May 23, 2022

As we wrap up the month of May, I’m happy to share our newest Tax Credit Awards in Wisconsin and Ohio. Congratulations to Tyler Sheeran on Vue 14 and Aspen Grove Apartments, and Greg Baron on Garrett Square Senior Apartments. Vue 14 is a 4% Housing Tax Credit Award. This 48-unit, new construction project will […]

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Multifamily Amenities that Should be Considered in Every Development Design

April 28, 2022

When designing and constructing multifamily properties, it is always important to consider what will make your target customer choose your property over others to reside in. There are a few amenities that we have found to be most popular with our residents and also benefit the overall development scope of the project. As new, innovative […]

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Commonwealth Celebrates Women in Construction Week

March 11, 2022

As Women in Construction (WIC) Week comes to an end, we’d like to look back on the features of some of our talented female employees that bring so much value to the table!  First up is our Project Estimator, Nicole Zimpel! Nicole has held numerous positions over her 20+ years in the construction industry and we […]

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Closing Announcement: Statesburg Apartments, Kaukauna WI

March 7, 2022

Congratulations to Tyler Sheeran, Lisa Wahl, Rhonda Orosz, and the DSA team on last week’s successful closing of Statesburg Apartments in Kaukauna, Wisconsin! This $14.5M project in partnership with the Kaukauna Housing Authority includes the rehabilitation of an existing apartment complex in addition to the acquisition of two adjacent buildings. The renovation will produce 74 […]

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Governor Tony Evers Presents Check for Brooke Street Lofts

March 4, 2022

On Thursday, March 3, 2022, Wisconsin Governor Tony Evers visited The Commonwealth Companies’ headquarters in Fond du Lac to present a $3.6M check to the City of Fond du Lac and Commonwealth Development Corp. for their upcoming Brooke Street Lofts affordable housing project. Located on S. Brooke Street, Brooke Street Lofts will be an adaptive […]

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