BELOIT, Wis. — Beloit is actively trying to build more apartments and homes to meet a growing need for housing.
“The vacancy for apartments is still under 1%, which is not a healthy rate,” said Drew Pennington, the economic development director for the City of Beloit. “So there’s a lot of demand there.”
That’s why city leaders made sure an affordable housing project that was once in jeopardy will move forward. The four-story, 55-unit building is set to take over the former site of the YMCA on Riverside Drive. Construction is expected to start in the spring…