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City Real Estate E-newsletter  -  March 11, 2015

 

March 2015


A BIG THANK YOU TO MILWAUKEE!!!  

Thank you to all of you who attended, staffed or volunteered to make the 2015 City of Milwaukee Take Root Milwaukee Homeownership Fair a success this past Saturday at the Italian Conference Center. Read more about the event and view video footage.

We're also excited to share our 2014 YEAR IN REVIEW infographic below, so be sure to check out some of the accomplishments which were also highlighted in the Mayor’s State of the City speech. The City accomplished the 2014 goals of the Mayor’s STRONG Neighborhoods Plan and will continue working to keep our neighborhoods strong in 2015.

It's an exciting time in Milwaukee and spring will be here soon! If one of your goals is to become a homeowner, now is a great time to start looking at our City-owned properties and our programs offered to help you. We also can't wait to see how some residents and community groups will be gardening or beautifying their new lots. Stay tuned...

 

Click here to visit the STRONG Neighborhoos Plan website.



Learn more at our Homebuyer Orientation Sessions

Attend the next session to learn more about the Homebuyer Assistance Program, which offers assistance from a rehab specialist and up to $20,000 forgivable loans for the rehab of City-owned homes.

Wednesday, March 18, 6-7:30pm
Washington Park Library, 2121 N. Sherman Blvd.
(Community Room)
Click to Learn More

View the program brochure to find out more about this exciting opportunity!  English  Espańol


 


Featured Homes:
Package Deal 2808 & 2812 W. Wells Street

These properties are to be sold as a package, one house for owner occupancy and the other as an investment property. Both feature new roof and porches, a large backyard and a shared driveway with a three-car detached garage. One house must be owner-occupied.

House 1: 2808 W. Wells St.
Duplex built 1895
1,952 SF • 4BR / 1BA
Purchase Price: $9,000
Est. Rehab Cost: $39,498

House 2: 2812 W. Wells St.
Single Family built 1895
1,948 SF • 3BR / 1BA
Purchase Price: $8,000
Est. Rehab Cost: $71,860


Properties may also qualify for a $20,000 forgivable loan for rehab through the Homebuyer Assistance Program.

Shop our Historic Homes webpage today! 



Featured Turn-Key Home:

2820 N. 58th St.

 

Address: 2820 N. 58th Street
Single Family built 1928
1,321 SF • 3BR / 1BA

Purchase Price: $74,900

Completely renovated colonial home in the St. Joseph’s neighborhood features a 1.5 car garage with driveway entrance. Everything has been updated so you can move right in and start enjoying your new home.

Learn more about this home and other move-in ready homes for sale on the NIDC website.


 

Current Property Listing
Current Property Listings

City Real Estate's Current Listing of homes for sale features many new opportunities for homeownership. All offers are due on April 7, 2015 at 10am.

As an owner-occupant buyer, these properties also qualify for the $500 ROOTS Landscaping Program Incentive.

Get started on your Homebuyer Counseling Certificate to take advantage of the HBA $20,000 forgivable loan.
 

 


City seeks Development Teams through Challenge Fund

The City of Milwaukee is seeking development teams to partner with the City on redevelopment and revitalization efforts as a part of the STRONG Neighborhoods Plan, and has issued a Request for Qualifications (RFQ) for developers. The city is seeking development team partners who have the capacity to undertake larger-scale development activity—at a minimum, the redevelopment of at least 15 properties in a 12-month period. The application deadline is April 1, 2015 at 11 a.m.

An information session on the RFQ is scheduled for Friday, March 13 at 10:00 a.m. at the Manpower building, 100 Manpower Place in Milwaukee.



Attention Property Owners! Lead Paint Windows
What's on Your Windows?

The City of Milwaukee Health Department’s Lead Poisoning Prevention Program can work with property owners in areas of the city with the highest rates of lead poisoning to make houses lead-safe. Lead poisoning – most often caused by chipping or peeling paint that gets ground up into household dust – can cause long-term health effects in children, including brain damage, learning disabilities and behavior problems. Eligible property owners will be provided $280 per window to replace original windows that have identified lead-based paint hazards.

Requirements include:

  • Home must be built before 1950
  • Home must be located in zip codes 53206, 53208, 53209, 53210, 53212, or 53216
  • Rental properties must have low-income tenants
  • Vacant units must be made available to low-income families
  • Owner-occupied properties must be low-income and have pregnant women or children less than 3-years-old
  • Property taxes must be current and there can be no open building code violations

For more information on how to apply, please call the City of Milwaukee Health Department Lead Poisoning Prevention Program at (414) 286-2115.

Click to Learn More


 

SAVE THE DATE: Learn how to RENT SMART from DNS

Rent Smart logoRENT SMART is the Department of Neighborhood Service's new tenant training program that is educating people to become responsible renters. The program is specifically designed to help a person who has never rented before or is having difficulty obtaining rental housing. RENT SMARTemphasizes skills that may help tenants avoid legal confrontations. The program stresses both tenant and landlord responsibilities and the advantages gained from viewing the landlord-tenant relationship as mutually beneficial rather than confrontational.

WHEN: Saturday, May 2, 2015, 9am-2pm
WHERE: United Methodist Children's Services, 3910 W. Lisbon Ave.
SIGN UP: Advance registration is required. Email lltp@milwaukee.gov or call (414) 286-2954



Featured Commercial Property2730 North Dr. Martin Luther King, Jr. Drive
PRICE REDUCTION ALERT: $250,000

2730 North Dr. Martin Luther King, Jr. Drive   

The Department of City Development is seeking proposals to redevelop the former Stella’s Restaurant in the Harambee Neighborhood and within the Historic King Drive Business Improvement District.

The solid brick building has almost 7,000 square feet of prime commercial space and features a large parking lot. The preferred commercial uses are a sit down restaurant, catering service or banquet hall, but general retail service or specialty use will also be considered.

To complete this redevelopment, financial resources and incentives may be available from the City of Milwaukee such as façade grants, white box grants and retail investment funds. Business financing may also be available through our partner MEDC.

Proposals will be accepted after April 28, 2015 and reviewed on a continuous basis until an acceptable proposal is received.

Visit the Commercial Properties website for additional opportunities.



 

 DCD facebookConnect with Us!

Follow the Department of City Development on Facebook and Twitter for more updates on city real estate for sale, programs and incentives offered, development projects around the city and the latest news from the Mayor's STRONG Neighborhoods Plan.

www.facebook.com/milwaukeedcd
www.twitter.com/milwaukeedcd

 



If your organization would like to featured in future e-newsletters, please contact
Community Outreach Liaison Christina Klose at cklose@milwaukee.gov

 


City Real Estate, 809 N. Broadway, Milwaukee, WI 53202   -   (414) 286-5730


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