Homeownership Orientation
on Wednesday, March 21st, 2012
from 6 p.m. to 7:30 p.m.
at the Washington Park Library
Click here for more information!

NSP Homebuyer Assistance and NSP Rental Rehab Program Area Expansion

The City of Milwaukee's NSP Program Area has expanded to include portions of the Sherman Park and Layton Boulevard West Neighborhoods.  For an updated program area map click here.    

City Launches NSP Dollar House Progam

On February 1, 2011, the City of Milwaukee launched the NSP Dollar House Program.  Under this program, the City has agreed to make a number of City owned homes available for $1 exclusively for owner occupant buyers who will rehabilitate them through the NSP Homebuyer Assistance Program.  A list of properties and additional information about the process is available on the City Real Estate webpage.  For more information about the NSP Homebuyer Assistance Program, including a list of participating homebuying counseling agencies and lenders, click here.     

The City of Milwaukee is building stronger neighborhoods through an initiative to address rising mortgage foreclosures

Neighborhoods across the city are being impacted by increasing numbers of foreclosures. Long term homeowners are facing the prospect of losing their home to foreclosure and vacant and abandoned foreclosed properties are negatively impacting city neighborhoods.

The City of Milwaukee and a broad coalition of partners have been working to address the problem of foreclosures in the City of Milwaukee. These efforts are comprehensive, and address the foreclosure problem in a number of ways:

Prevention efforts – to expand outreach efforts and increase education for homeowners and potential homebuyers

Intervention efforts – to assist homebuyers facing foreclosure

Stabilization efforts – to address vacant and abandoned properties in City neighborhoods

In 2008, Mayor Tom Barrett launched the Milwaukee Foreclosure Partnership Initiative (MFPI) to combat the effects of the rise in foreclosures on city residents and neighborhoods. More than 100 volunteers came together to develop innovative solutions to address the foreclosure problem in Milwaukee. Milwaukee’s Common Council also convened the Special Joint Committee on the Redevelopment of Abandoned and Foreclosed Homes to guide the City’s efforts for the use of federal funding to address foreclosed homes in city neighborhoods.

You can help!

» If you or someone you know are having difficulty making your mortgage payments,contact a homebuying counseling agency.

 » If there is a foreclosed property in your neighborhood, contact the City to report any problems

 » If you are interested in purchasing a foreclosed property, check out the resources available through the Neighborhood Stabilization Program (NSP).