April 25. 2012 6:00AM - Last modified: April 25. 2012 6:53AM

WISCONSIN RAPIDS - Housing project put on hold

  
A plan for a 38-unit apartment complex for older adults and low-income families in Wisconsin Rapids is on hold after the state's housing agency granted half the amount of tax credits requested.

The Wisconsin Housing and Economic Development Authority recently granted CAP Services $243,400 in tax credits to construct the complex -- about half the $485,341 needed for the project, said Mary Patoka, president and CEO of the Stevens Point-based arm of the state's Community Action Program network.

"At this point, we're not able to go ahead with the project," Patoka said. "We're going to work with WHEDA to see if there's a way to pull in some more credits if another project drops out."

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