Developer misses city loan deadline. He's seeking other financing to redevelop historic Sears store

By Yahoo! Finance   |   1 week ago
Developer misses city loan deadline. He's seeking other financing to redevelop historic Sears store

Developer Kalan Haywood Sr. missed a March deadline to repay a $3.85 million City of Milwaukee loan for a Sears store redevelopment project. He is seeking alternative financing, including tax credits and bond financing from WHEDA. The project now includes a mix of uses, possibly including affordable housing.

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