Facebook image
Skip navigation

A Welford Legacy in Lofts

For blighted neighborhoods, the revitalization of a community often relies on more than simply providing affordable housing. Steady income, or lack thereof, determines a family’s ability to afford monthly housing payments. A single month or more of unemployment can prove catastrophic to already struggling families. Welford Sanders, former Executive Director of the Martin Luther King Economic Development Corporation (MLKEDC), recognized the need for occupational growth as he began development of the King Drive Commons project.

This project, which began in 2001, sought to provide affordable housing throughout the Harambee neighborhood of Milwaukee, but also provide a means of permanence within. After four completed projects (which included single family units, scattered site apartments and townhomes, commercial space, a fresh food market, and a cafe) in the two-decade long development, Sanders started work on the King Drive Commons V in 2014. This project involved the  redevelopment of a former factory that stood at the epicenter of previous developments. Unfortunately, Sander’s premature death due to an illness prevented him from seeing the project reach its completion. Renamed in his honor, the Welford Sanders Lofts partnered with WHEDA in 2016, hoping to provide the permanence that Sanders had long envisioned. Utilization of WHEDA’s new Emerging Business Program (EBP), ensured both parties the most impactful results.

The EBP partners WHEDA with developers to help local residents access construction jobs. When developers hire unemployed and underemployed individuals, neighborhoods begin to stabilize. The Welford Sanders Historic Lofts, was completed in 2018 and utilized a construction crew comprised of 40% unemployed or underemployed individuals, many of whom came from the very neighborhood where the development came to fruition.

The lofts showcase 59 units of affordable housing, complete with a movie theater, community kitchen, and library located on the top floor of the building. The lofts were born as an effort to provide access to permanent housing in an attempt to unite the community. In addition, employment offered through the Emerging Business Program catalyzed the project to reach successful completion.

With the goal of providing affordable housing, the Welford Sanders Historic Lofts also sought to maintain the integrity of the Harambee community, and thanks to partnership from WHEDA, the community was provided a source of income for many to fund affordable living. As WHEDA and Sanders understood with their parallel visions, the revitalization of Wisconsin communities became more than just a hopeful thought.

WHEDA received a 2019 Community First Award in the Partnership category from the Federal Home Loan Bank of Chicago (FHLBank Chicago) for its financing of Sanders' hallmark development, the Five Phases of King Drive Commons in Milwaukee.