Heartland Properties celebrates successful housing venture in Montello

 
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Older adults in Montello, Wis., now have additional housing, thanks, in part, to a $820,000 investment by Heartland Properties, Inc. (HPI), the affordable housing subsidiary of Alliant Energy.
A ribbon-cutting ceremony to mark the completion of Lake Country Senior Village, a $1.6 million dollar apartment complex, was held on Thursday, Sept. 5. Fifty state and local business leaders were given tours of the property located at 101 Village Square - the area's first new senior housing development in more than 20 years. A community open house was held the afternoon of Sunday, Sept. 8, to coincide with National Grandparents Day.
John Stoneman, vice president of real estate and investments-Heartland Properties, says increasing affordable senior housing opportunities is a priority for HPI. "The apartment homes leased up very quickly, which underscores the need for additional high quality housing in this area." John Stoneman, Marylin Popp (Resident), Dennis Mulder
John Stoneman, Marylin Popp (Resident), Dennis Mulder
Construction on the 20-unit complex began in October 2001. The property consists of 10 one-bedroom and 10 two-bedroom apartment homes with fully equipped kitchens, a computer workstation with Internet access, laundry facilities and a community room with fireplace.
Dennis Mulder, major accounts manager-Energy Sales and Marketing, was on hand for the ribbon cutting. He says the completion of Lake Country Senior Village illustrates Alliant Energy's commitment to addressing housing needs in Wisconsin. "It's all about partnerships and working with communities to meet their needs. That's an area in which Alliant Energy, through Heartland Properties, really shines - and it's something employees can take pride in," says Mulder.
Lake Country Senior Village was developed in partnership with CAP Services Inc., a non-profit community action agency, and Seno Companies. The development is HPI's 92nd housing investment in Wisconsin and its 126th development in the Midwest.

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