Cream City Hostel switching to cooperative housing
Building owners receiving loan from Bader Philanthropies
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Last updated on December 10th, 2020 at 01:44 pm
Cream City Hostel, Milwaukee’s first hostel, will now become the city’s first housing cooperative.
The building at 500 E. Center St., on the edge of the Harambee and Riverwest neighborhoods, will begin its transformation in January to a housing co-op, building ownership group RiverBee LLC announced today.
The building is expected to reopen in the spring or summer.
The cooperative tenant housing model offers an intentional living community that supports people dealing with losses and uncertainty such as jobs, instability and landlord issues, according to a news release.