On May 3, 2019, Journey House in partnership with Cardinal Capital Management, Inc. joined local, state, and federal officials, as well as investors and the community to celebrate the groundbreaking of Clarke Square Apartments, which is composed of two three-story buildings with 40 apartments. The $8.5 million development received financing from Wisconsin Housing and Economic Development Authority (WHEDA), Associated Bank, Boston Capital, Federal Home Loan Bank of Chicago, and the City of Milwaukee HOME Funds.
“Clarke Square Apartments is Cardinal’s ninth supportive housing project in Milwaukee County. Each project is unique, created in partnership with city, county, state officials, as well as community partners like Journey House, and local and national financial partners. We are blessed to work with such talented and mission driven people,” said Erich Schwenker, President of Cardinal Capital Management.
The development provides a set aside for youth who have turned 18 and aged out of the foster care system. Clarke Square Apartments have a mix of 20 one-bedroom units, 14 two-bedroom units, and 6 three-bedroom units. In addition, there will be surface and underground parking. According to Journey House CEO Dr. Bria, “This high quality, affordable housing is an investment in continued focus on increasing the quality of life in Clarke Square Neighborhood and a welcome addition to our great neighborhood where children and families can play, learn, shop, worship, and live. We are grateful to all the partners who came together to make this happen.”
“Clarke Square Apartments is Cardinal’s ninth supportive housing project in Milwaukee County. Each project is unique, created in partnership with city, county, state officials, as well as community partners like Journey House, and local and national financial partners. We are blessed to work with such talented and mission driven people,” said Erich Schwenker, President of Cardinal Capital Management.
The development provides a set aside for youth who have turned 18 and aged out of the foster care system. Clarke Square Apartments have a mix of 20 one-bedroom units, 14 two-bedroom units, and 6 three-bedroom units. In addition, there will be surface and underground parking. According to Journey House CEO Dr. Bria, “This high quality, affordable housing is an investment in continued focus on increasing the quality of life in Clarke Square Neighborhood and a welcome addition to our great neighborhood where children and families can play, learn, shop, worship, and live. We are grateful to all the partners who came together to make this happen.”
