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• <br /> "Y` <br /> . e , ' Mailing Address: <br /> Tommy G.Thompson 1;t <br /> I� ( f 106 East Doty Street,Room 310 <br /> Governor i ;- ''IIIU�` f Madison,WI 53703-3335 <br /> James R Kl.auser <br /> � ;:r_ Telephone: (608)266-0288 <br /> Secretary ^. :'11:1•�' FAX: (608)267-6917 <br /> State of Wisconsin <br /> Department of Administration <br /> DIVISION OF HOUSING <br /> March 6 , 1992 <br /> Mr. Robert J. Lindholm <br /> Ripple Management <br /> 3533 University Avenue <br /> Madison, WI 53705 <br /> Dear Bob: <br /> Thank you for your letter on March 9 , 1992, regarding your <br /> proposed plans to renovate a property located at 99 West Beltline <br /> Highway, in the Town of Madison. Based on the data we have in <br /> our Housing Information System, there is a need for the type of <br /> 4 housing you are proposing. <br /> Our housing data indicates that from 1990 to 1995 there will be a <br /> loss of 24 , 000 units and a need for 127 ,288 additional units <br /> statewide. <br /> In Dane County 30 . 79% of its households are low/moderate income. <br /> Of the households that rent, 36 . 53% are in need of rental <br /> assistance. <br /> In February 1990 , the Dane County Affordable Housing Task Force <br /> Report recommended: <br /> -to maintain and improve housing stock through conservation <br /> and rehabilitation; and <br /> -to create and maintain an adequate supply of sound, <br /> affordable rental housing. <br /> Your proposal would create 27 single-room efficiencies and one <br /> one-bedroom unit . The rent range of $300-319 per month with <br /> utilities included is well below the federal fair market rent <br /> limits of $336-$489 . <br /> You have demonstrated your quality workmanship to the Division of <br /> Housing through a similar rental rehabilitation project. You <br /> converted a neglected property to a building with quality, <br /> affordable rental units under our HUD Rental Rehabilitation <br /> Program. <br />