Pax Station Apartments
A 272-unit affordable housing project financed by a tax-exempt private activity bond issued by the Public Finance Authority of Wisconsin, with no city financial liability; it includes a future TRAX platform. The Council held the required TEFRA hearing Oct. 21, 2025 with no public comment.
- Where it stands
- Approved
- Type
- Site plan
- Location
- 203 West Paxton Avenue
- Homes
- 272
Every hearing and vote
October 7, 2025 · City Council
Consent agenda
Approved · 6-0
The consent agenda passed 6-0 with item 6 (the Parviz Faiz board appointment) removed. It set Oct. 21 hearings on the annual HUD community development needs, the TEFRA hearing for Pax Station Apartments (203 West Paxton Avenue, 272 units), the Patriot Rail street vacations near 6500 West and I-80 (PLNPCM2025-00432), and Budget Amendment No. 2. It appointed Cooper Fankhauser and Sean Weeks to the Community Development and Capital Improvement Programs Advisory Board and Samantha DeSeelhorst to the Transportation Advisory Board.
October 7, 2025 · City Council work session
Pax Station Apartments private activity bond hearing (briefing)
Discussed
The Council was briefed on a 272-unit affordable housing project at 203 West Paxton Avenue financed by a tax-exempt private activity bond issued by the Public Finance Authority of Wisconsin. Federal rules require the Council to hold a TEFRA public hearing, but the city has no financial liability. The applicant described the financing, market study and plans, including a future TRAX platform built and partly funded by the development. Members asked about private activity bonds versus tax credits, affordability at area median income given the small unit sizes, and confirmed no risk to the city's bond rating or debt.
- 272 affordable units
October 21, 2025 · City Council
Pax Station Apartments TEFRA public hearing, 203 West Paxton Avenue
No action · 6-0
The Council held the federally required hearing on a tax-exempt private activity bond, issued by the Public Finance Authority of Wisconsin, for a 272-unit affordable housing project. The city has no financial liability. No one spoke and no further council action is required.