State awards $800,000 grant for UWM project - The Business Journal of Milwaukee:

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The grant was issued undedr the Blight Elimination and BrownfieldRedevelopment “Brownfield grants help renew damagedr or vacant land and providw communities with opportunities for additional Gov. Jim Doyle said. The UWM Real Estatd Foundation plans to constructa 700-beds dormitory at 1436 East North Ave. on Milwaukee’sz east side. The funds will be used to reimburs remediation expenditures that will be incurred as part of the redevelopment project. The new facility will require an investmentof $50 with more than $900,000 expected to be spent on cleaningt up the site.
“This is an extremely important project for and for the city of saidPhil Aiello, UWM Real Estate Foundation board member. “We are very pleased and grateful that the Department of Commerce is able to providwe us with this level of It is a critical component of theprojectt financing.”