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City Real Estate E-newsletter  -  February 16, 2017

 

Take Root Milwaukee Home Ownership Fair

Save the Date to Join Us and Help Spread the Word! 

Each year, the City of Milwaukee and Take Root Milwaukee host an annual Homeownership Fair to encourage home buying in the city and to market City-owned properties and resources. It's also a chance for residents to learn about loans and grants available to both homebuyers and existing homeowners.

DCD Real Estate/STRONG Neighborhoods and NIDC will once again staff two tables at the event this year. Residents can connect with lenders, realtors, homeownership specialists, neighborhood organizations and attend workshops on the home buying process and home rehab. Resources for foreclosure prevention will be available.

We hope you will save the date to join us on Saturday, March 18, from 8:00 a.m. to noon at The Italian Conference Center, 631 E. Chicago Street. FREE lot parking is available or jump on the bus (near route 15 and the Green Line). View flier in English or in Spanish (En español). Sign up or share the facebook event page.

Until then, continue reading below about properties for sale, neighborhood events and updates, helpful resources and homeownership opportunities!
 


    HOUSES FOR SALE

 
Homeownership OpportunitiesExtended Property Listing

Homes for sale on the Extended Listing are available to owner-occupants and investors who want to earn rental income. Homes are also listed with external agents. Work with your realtor to find your new home!

Be sure to visit our website on Monday, February 20 to view a new listing of properties posted to the Current Listing!
 



Featured Single Family4366 North 26th Street

4366 N. 26th Street
4 BR / 2 BA  •  1,173 sq. ft.

This two-story, side gabled, side entry cottage was built in 1923 and is located in the Garden Homes Neighborhood, which is listed on the National Register of Historic Places. The lot is 3,700 sq. ft. and includes a side driveway with a detached garage.

Asking Price: $3,500
DNS scope of work: $67,253

May be eligible for $20,000 forgivable loan, WI Historic Homeowner’s Tax Credits and Transform Advantage mortgage pilot program.



Featured Duplex3014 North 23rd Street

3014 N. 23rd Street 
4 BR / 3 BA  •  1,559 sq. ft.
Includes vacant lot at 3010 N. 23rd St.

Enjoy a huge yard and start that summer garden! This house in the Park West neighborhood was built in 1905 and currently has two units. Great opportunity for an owner-occupant to earn rental income.

Asking Price: $2,500
DNS scope of work: $50,765

May be eligible for Rental Rehabilitation Loan Progam funds (up to $14,999 per unit) or $20,000 forgivable loan.


    HELPFUL RESOURCES FOR HOMEOWNERS


Strong Home Loan
STRONG Homes Loan Program

Accepting applications for current homeowners!

The STRONG Homes Loan Program from NIDC offers partially forgivable loans of up to $20,000 for emergency and essential repairs to owner occupants of 1-4 family properties throughout the City of Milwaukee on a first come, first served basis. Technical assistance will also be provided to assist with rehab projects.

 


    HELPFUL RESOURCES FOR HOME BUYERS & HOME BUILDERS

 

Transform Advantage mortgage pilot program WHEDA logo
The Transform Advantage is a first and second mortgage loan product. It can be used to acquire and rehabilitate a property or for new construction. This product is limited to specific Milwaukee neighborhoods: Clarke Square, Garden Homes, Josey Heights, Near West Side, Riverwest and Walnut Circle.

  • No down payment requirement
  • No mortgage insurance requirement
  • Up to 100% financing is available on the first mortgage
  • Up to 150% financing is available on the second mortgage
  • 0% interest, no monthly payments for 12 months while property being built or rehabbed
  • Low-cost, fixed interest rate will be the same on the first and the second mortgage
  • First-rate, local loan servicing by a recognized industry leader
  • Certain program restrictions and eligibility requirements apply.
  • Home buyer education is required. Contact a housing counseling partner to get started:

  
    LOCAL NEIGHBORHOOD EVENTS


2017 Wisconsin Black Arts Festival
This festival is a three day celebration, Friday, February 17 to Sunday, February 19, including live performances from spoken word artists, dancers and musicians. There will also be vendor displays and interactive activities such as demonstrations from visual artists, writer workshops, craft making for children and film screenings. Visit the Facebook event page.



Black History ProgramBlack History Program at Milwaukee City Hall

Join in the celebration of African-American Culture on February 24, from 2-4pm in the City Hall Rotunda, 200 E. Wells St. for art, food, live music and dancing.

Sponsored by Ald. Coggs, Ald. Lewis, Ald. Hamilton, Ald. Stamper, Ald. Rainey and Ald. Johnson.
 



ueda logoParty with a Purpose at Carnival
Join UEDA on Saturday, February 25, 6-10:30pm at the Zoo! In February, Carnival is celebrated around the world – from Brazil to Belgium and Jamaica to New Orleans. Now in its 9th year, UEDA's Carnival Milwaukee event continues to celebrate Milwaukee’s culture and diversity through food, dance, and live entertainment. View video to learn more.



State of the City2017 State of the City
You are cordially invited to attend the 2017 State of the City Address by Mayor Tom Barrett. Join us on Monday, March 6 with a reception at 8am and address at 8:30am at the Harley-Davidson University & Conference Center, 3800 W. Juneau Ave. RSVP at rsvp@milwaukee.gov or call (414) 286-2200.

  
    LEARNING OPPORTUNITIES

 


Landlord TrainingLandlord Training Program

Attend the next Department of Neighborhood Services FREE 5-hour training seminar and receive a 100-page manual and certificate of completion. More sessions online.

  • Wednesday, Febbruary 22, 9am-3pm  Sign-In: 8:30am  
    Water Tower, 4001 S. 6th St., 3rd floor
  • Entrenamiento En Espanol Para Propietarios (Landlord Training in Spanish)
    Miércoles 22 de febrero de 5pm-8:30pm
    Por favor de llegar a las: 4:30pm   Localización: Water Tower - 4001 S. 6th St., 3rd floor (En la calle 6 Y Howard)


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.

Tuesday, February 28, 6-7:30pm
Center Street Branch Library
2727 W. Fond du Lac Ave.
(Community Room)

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

Share with your friends and RSVP on our facebook events page.
 



Community Improvement Project Grants - Info Sessions

Friends of Tippecanoe garden and orchardNIDC offers Community Improvement Project (CIP) grants to support community projects that engage community members and physically improve neighborhoods in Milwaukee. The maximum CIP grant request available for a project is $4,000. Attending an info session is a requirement application.

  • Wednesday, March 8, 6-7pm
    Center Street Library, 2727 W. Fond du Lac Ave.
  • Thursday, March 9, 10-11am
    Martin Luther King Jr. Library, 310 W. Locust St.


Earn & Learn SYIP ApplicationsEarn & Learn SYIP Applications

The application period is open until March 24 for the Summer Youth Internship Program, as part of Mayor Barrett's Earn & Learn youth employment internship in partnership with local businesses and organizations.  Youth living in the designated CDBG area between the ages of 16-19 can apply for this work experience.

 


    STAY INFORMED and IN THE KNOW

 

InstagramConnect with us on Social Media!

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

facebook.com/milwaukeedcd
twitter.com/milwaukeedcd

instagram.com/milwaukeedcd

 

  
    COMMERICAL PROPERTIES & DEVELOPMENT OPPORTUNITIES

 


5424-30 W. Lisbon Ave.3953 N. 76th St.
Asking Price: $190,000

Proposals for commercial properties will be considered on a first-come, first-served basis. Financial resources and incentives may be available such as façade grants, white box grants and retail investment funds.

View more commercial properties for sale online at milwaukee.gov/CRE.



Port Milwaukee photo of Parcel H.IMMEDIATE AVAILABILITY
- 401 E. Greenfield Avenue

· 13+ WATERFRONT ACRES
· SEAWAY DEPTH 
· ZONED INDUSTRIAL
· U.P. RAIL ACCESS

View Property Info Sheet for more info.
 

 
    NEIGHBORHOOD NEWS and UPDATES

 



If your organization would like to be 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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