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Two low-income apartment complexes in Madison could close in the new year, concerning residents who have to find new housing in just a few months. Tree Lane Apartments and Rethke Terrace were opened using federal funds from the national movement ‘Housing First,’ which assists those experiencing homelessness by putting them into permanent housing. Company ‘Heartland Housing’ became owner of the properties, but according to court records, experienced financial difficulties and stopped funding the projects. A court-appointed receiver took control of the complexes in June and began looking for a new owner. According to the city, nonprofit Lutheran Social Services of Wisconsin and Upper Michigan took on the role of property manager and worked to increase security and work with vendors, among other tasks. More about the property's struggle: https://www.wmtv15news.com/2023/12/22... For more Local News from WMTV: https://www.wmtv15news.com/ For more YouTube Content: / @wmtv15news