In 2010 MLKEDC received an allocation of Affordable Housing Tax Credits from the Wisconsin Housing and Economic Development Authority (WHEDA) to build KDC IV.
This $10.4 million project, the fourth phase of the highly successful King Drive Commons Development, will include 6 apartments and 5,000 Square Feet of commercial space in a historically significant building owned by Martin Luther King Economic
Development Corporation, and a mix of 39 new town homes and one- and two-family homes located in the surrounding area. The commercial space will include a kitchen Incubator that can be used by catering and value added businesses that offer healthy foods and seek affordable quality space to prepare, market and sell their products. The development will also include open space that will be dedicated to urban farming.