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$ 1 <br /> Tommy G.Thompson It Mailing Address: <br /> Governor �r i�lj 106 East Doty Street,Room 310 <br /> • Madison,WI 53703 <br /> James R.Rlauser ? <br /> ./ <br /> Secretary ` �;r- ,. Telephone: (608)266-0288 <br /> • FAX: (608)267-6917 <br /> State of Wisconsin <br /> Department of Administration <br /> DIVISION OF HOUSING <br /> April 18, 1991 <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 April 11, 1991, regarding your <br /> proposed plans to renovate a property located at 881 W. 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 /> 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 and <br /> rehabilitation; and <br /> - to create and maintain an adequate supply of sound, affordable <br /> rental housing. <br /> Your proposal would create 30 single-room efficiencies , one one- <br /> bedroom unit, and one two-bedroom unit. The rent range of $275- <br /> $295 per month with utilities included is well below the federal <br /> fair market rent 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 />