NEWS CAREERS BID OPPORTUNITIES What we do Portfolio Blog About Contact Us The Commonwealth Connection News Topics Community View Articles Construction View Articles Development View Articles Landscaping View Articles News View Articles Property Management View Articles All View Articles Commonwealth Named 2020 Top 50 Affordable Housing Developer in the US June 22, 2021 On May 27th, Affordable Housing Finance (AHF) announced its annual list of the Top 50 Affordable Housing Developers in the nation. The ranking… Commonwealth Receives LIHTC Awards for Four Wisconsin Developments May 5, 2021 What an exciting week for Commonwealth Development Corp. in the state of Wisconsin! Congratulations to our development team for recei… Commonwealth Construction (Brent Schumacher) Receives Patriotic Employer Award April 5, 2021 Last week, Commonwealth Construction Corp./ Brent Schumacher was honored to have received the Army National Guard “Patriotic… Project Feature: River Flats (With Construction Video) February 24, 2021 As our crews wrap up construction at River Flats in Janesville, WI, we want to take a moment to appreciate all the parts that come together to make… Multifamily Amenities that Should be Considered in Every Development Design February 22, 2021 When designing and constructing multifamily properties, it is always important to consider what will make your target customer choose your p… Staying Warm and Safe on the Job Site in Winter February 17, 2021 December thru February tends to be the coldest months across the United States. It is extremely important that construction crews take additi… 2020 – A Year In Review January 4, 2021 Wow, what a year 2020 has been for The Commonwealth Companies! Our production, growth, and the lasting impact we have had on our residents and co… The Commonwealth Companies Names Brent Schumacher and David Ritchay as Presidents of the Construction & Development Companies January 1, 2021 (Fond du Lac & Middleton, Wis.) January 1, 2021 – The Commonwealth Companies (“Commonwealth”), a Wisconsin-based organization c… Affordable Housing Developer/Manager Awards $25,000 in Educational Scholarships to Residents September 9, 2020 (Fond du Lac, Wis.) September 9, 2020 – The Commonwealth Companies, headquartered in Fond du Lac, has announced its 2020 Resident Scholarsh… The Ace Apartments Closing, Madison, WI July 28, 2020 This past Friday, July 24th, our talented Development Team successfully closed on The Ace Apartments in Madison, WI! The $20.25M project will… The Commons at St. Anthony’s (TX) Awarded Tax Credits! July 28, 2020 The Commons at St. Anthony’s is located in Amarillo, TX. It is an adaptive re-use of a historic hospital that was reconstructed into resi… Financing for 150-Unit Affordable Housing Development in New Orleans Opportunity Zone Provided by Walker & Dunlop July 24, 2020 Walker & Dunlop Inc. announced today that it structured $23,020,000 in permanent financing for The Reveal, a 150-unit affordab… Horicon School Apartments Closing – July 2nd July 6, 2020 We’re kicking off July with another closing in Wisconsin! Horicon School Apartments is $11.5M development that will provide 40-units of 1,… Wednesday vote final step in project to rehabilitate former YMCA building June 8, 2020 An appropriation of $500,000 from Terre Haute’s downtown tax increment finance district is the final step needed to convert the former… NEW 48-UNIT AFFORDABLE HOUSING UNIT APPROVED BY THE CITY OF SALIDA May 27, 2020 Confluent Park Apartments, a new 48-unit affordable housing unit, has been approved by the City of Salida, proposed to be located in the east en… Closing of The Reveal in New Orleans, LA May 22, 2020 What a great start to the summer as Commonwealth closed on another project, The Reveal in Louisiana, on May 22nd ! Th… Lynne Village (AZ) Closing! May 15, 2020 We have more great news to share: Commonwealth has officially entered the State of Arizona! Congratulations to the Devel… LIHTC Award for Confluent Park (Salida, CO) May 13, 2020 We have another project that has recently been awarded tax credits! “Confluent Park” received a LIHTC award from the Colorado Housing Fin… Commonwealth Named 2019 Top 50 Affordable Housing Developer in the U.S.! May 2, 2020 On May 1st, Affordable Housing Finance (AHF) announced its annual list of the Top 50 Affordable Housing Developers in the nation… LIHTC Award for Spartan Lofts April 28, 2020 Commonwealth is excited to announce that another Wisconsin project has recently been awarded tax credits! “Spartan Lofts” received a LI… Dunbar Commons Named A Finalist for ULI-Oklahoma’s Impact Award February 14, 2020 What an honor to have our Dunbar Commons senior apartment community selected as a finalist for Urban Land Institute (ULI) Oklahoma‘s… Solid Rock & Commonwealth Unveil Housing Plan February 3, 2020 On January 24th, Solid Rock Christian Center, Community Development Corp. and Commonwealth Development presented the idea of bringing affo… Commonwealth Celebrates its 100th Housing Project January 30, 2020 Commonwealth is proud to start 2020 off with a bang! We have officially hit our 100th housing project with our newest workforce housing communi… Little Crow Lofts, Preserving Heritage in Warsaw January 28, 2020 Sometimes, an old building like the Little Crow Factory in Warsaw, Indiana, doesn’t need to be an architectural wonder to warrant saving it f… Four Projects Awarded Financing Through FHLB-Chicago’s AHP Program November 22, 2019 Commonwealth is grateful and proud to have four Wisconsin projects receive financing through FHLB-Chicago’s AHP program, totaling c… Historic Apartments on 4th Wins ND Main Street Award October 31, 2019 What an honor to have our Historic Apartments on 4th apartment community win the North Dakota Main Street Award in the category of ND Legendary H… Commonwealth to Bring Affordable Housing to Arizona September 25, 2019 Commonwealth is thrilled to bring 96 units of affordable housing to South Phoenix. The property will consist of 63 2-bedroom units and 48 3-bed… “The Ace” Apartments Credit Award June 5, 2019 The Ace Apartments will include 70 multi-family units with a mix of 1, 2, 3 and 4-bedroom homes throughout 2 buildings. There will be 65-u… Commonwealth and Principal Louie Lange III Awarded by WEDC. May 6, 2019 FOND DU LAC – Area residents were recognized for achievements in community revitalization and redevelopment efforts recently… Credit Award: River Flats April 5, 2019 River Flats will consist of 92-units comprised of 2 and 3-bedroom units. This development will include underground garage parking, a c… What is Affordable Housing? December 21, 2018 WHAT IS THE HOUSE TAX CREDIT PROGRAM? In 1986, the federal government implemented the Low-Income Housing Tax Credit Program (LIHTC), to shift… Former Mandan Junior High School Provides Textbook Case in Affordable Housing December 19, 2018 The former Mandan Junior High School has been transformed into 39 units of affordable housing. To celebrate the completion of the project, an o… Commonwealth Receives Its First LIHTC Award in Michigan for Edge Flats on Seward December 18, 2018 The state of Michigan has approved $5.9 million in low-income housing tax credits for six projects scattered throughout the city. “The… Commonwealth Companies merges with Middleton-based developer November 12, 2018 The Commonwealth Companies set its eyes on growth as it merged with Mirus Partners, Inc. Thursday. The merger creates a combined ownership of M… Preserving for Affordability November 1, 2018 The Commonwealth Companies is a vertically integrated real estate developer and property manager creating affordable housing throughout t… Senior Affordable Housing Proposed for West Downtown Site, OKC October 2, 2018 Two mixed-use developments, one with workforce and market housing, and another that would replace existing low-income housing for seniors,… Award for Mission Village of Evans in Evans, CO September 25, 2018 Mission Village of Evans will consist of 68 units of new construction housing in Evans, CO. The layout will include a mix townhouse and cottag… New senior project awarded in Florence, SC September 13, 2018 The Commonwealth Companies is pleased to announce the funding award for a new project in South Carolina. Marissa Downs, Senior VP of Dev… Housing Authority OKs bonds for affordable housing August 27, 2018 The Housing Authority of Savannah’s Board of Commissioners on Monday approved the adoption of a supplemental bond resolution for $13.5 mil… Commonwealth announces project plans for Dunbar Commons August 25, 2018 Commonwealth Development Corporation closed the financing to develop the Dunbar Commons apartments on August 24, 2018. Located in northe… Groundbreaking of Cottages on Main April 28, 2018 The Cottages on Main 40-unit apartment community closed and broke ground in April 2018, with completion scheduled for the spring of 2019. Th… Top 50 Developers include Commonwealth April 24, 2018 Commonwealth Development Corporation of America is among the top 50 affordable housing developers in the country. This year, Commonwealth r… Award for Friar House Flats in Green Bay comes to fruition March 12, 2018 Friar House Flats will consist of 40 units. 20 units will be in the historic Friary building and 20 units will be new-construction 2-story tow… Commonwealth receives award for Barton School Apartments in West Bend March 12, 2018 Barton School Apartments will consist of 40 units. 22 units will be in the historic Barton School and 18 units will be new-construction 2-sto… Commonwealth and RACER partner for project February 1, 2018 RACER Trust today announced it has completed the sale of approximately 5.7 acres in Muncie to Commonwealth Development Corporation of Am… Elementary school conversion awarded in Oklahoma City, OK December 17, 2017 Dunbar Commons: will convert the Dunbar Elementary School, located in Oklahoma City, Oklahoma, into 52 apartment homes for seniors. The sc… The Edge Artist Flats receives Award in North Dakota December 11, 2017 The Edge Artist Flats will create 42 new units of workforce housing in Fargo. The development is for families, and 9 units are reserved for sup… 15th Street Flats Receives Award in Minnesota December 10, 2017 15th Street Flats will create 47 new units of workforce housing in Willmar. The development is for families with children and secondly will o… Cherokee Place Project Receives Award in Minnesota December 7, 2017 Cherokee Place in North Branch will create 48 units of workforce, new-construction townhomes. The target market is primarily families, an… The Edge Artist Flats project awarded in Fargo, ND November 3, 2017 The Edge Artist Flats will create 42 new units of workforce housing in Fargo. The development is for families, and 9 units are reserved for sup… FOR IMMEDIATE ASSISTANCE 920.922.8170 COMMENTS / QUESTIONS / FEEDBACK? 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