The Targeted Investment Neighborhood (TIN) initiative is designed to sustain and increase owner-occupancy, provide high quality affordable rental housing, strengthen property values, and improve the physical appearance and quality of life of neighborhoods. TINs focus resources for three years on a small area, generally six to twelve city blocks.
 

Mayor Tom Barrett and Will Allen of Growing Power at a Grasslyn Manor TIN project

Bricks and mortar are just a part of what’s needed to improve neighborhoods. NIDC’s TIN program works with residents to improve the quality of life in their neighborhood. NIDC’s Community Outreach Coordinator is a liaison between the neighborhood and City departments. Staff also provides assistance with community-building and outreach. 

Harambee Great Neighborhoods TIN 

NIDC offers two primary forms of assistance in the TINs:

• Home Rehabilitation-TIN Loan Program
• Rental Rehabilitation-TIN Loan Program
   

Home Rehabilitation-TIN Loan Program   application

 For owner-occupants  

The Home Rehabilitation-TIN Loan Program offers forgivable, low-interest, and deferred payment rehab loans to income-qualified owner-occupants in a TIN. Interest rates and terms are tied to income and family size.

Loans
Homeowners are eligible for a $15,000 forgivable loan provided it is matched at least 1 for 1 with a payback or deferred payment loan.  The $15,000 forgivable loan turns into a grant (i.e. is forgiven) after 5 years.  Program guidelines apply. Program priorities

• Exterior code-related repairs such as roofing, siding, porch repairs
• Lead paint abatement including replacement windows
• Energy conservation
• Plumbing, electrical, heating
• Kitchen, bath, and other remodeling are possible

The property must meet building code requirements upon completion of the rehab.

Income Guidelines (Effective January 1st, 2012)
Eligibility is limited to clients with household income no greater than:  

Technical Assistance
Experienced rehabilitation specialists perform a thorough inspection of the property, identifying problem areas. The rehab specialist writes a scope of work (a list of the work that needs to be done) and then helps owners get bids from contractors. Once the work starts, the rehab specialist makes periodic inspections to make sure the work meets program requirements. 

Rental Rehabilitation-TIN Loan Program      application  Tenant Forms

For responsible investor-owners

The Rental Rehab-TIN Loan Program offers forgivable loans for rehabilitating rental properties located in a TIN. Generally units must have at least 2 bedrooms to qualify.

Loan Terms
Provided they meet other program requirements, landlords are eligible for forgivable loans of up to $14,999 per unit. The loans bear no interest rate, and after 5 years they are forgiven.

The owner must provide at least one matching dollar for each Rental Rehab dollar received. For example, a 2/2 duplex would be eligible for up to $29,998 of Rental Rehab dollars as long as the landlord spends at least $29,998 of his or her own (bank loan, cash, etc) funds. The landlord is required to spend his/her money first.

NIDC works only with responsible investor-owners.  Applicants must submit a Landlord Training Certificate from the Department of Neighborhood Services (DNS.)   For further information, contact Jeanne Hagner at 414-286-2954 or visit the website at http://city.milwaukee.gov/Landlordtraining

We also check to make sure landlords are current with property taxes on all owned properties in the City and that they have a good record with the Department of Neighborhood Services (Building Inspection).

Program priorities

• Exterior code-related repairs such as roofing, siding, porch repairs
• Lead paint abatement including replacement windows
• Energy conservation
• Plumbing, electrical, heating
• Kitchen, bath, and other remodeling are possible

The property must meet building code requirements upon completion of the rehab. In addition, the property must pass periodic re-inspections over a 5-year period.

Tenant Income Guidelines (01/01/2012) and Rent Control
Under most circumstances, income of tenants in units to be rehabilitated cannot exceed: 

Landlords must provide annual re-certification of tenants’ income, and monthly rents are capped at $722 for a 2-bedroom apartment, $925 for a 3-bedroom apartment, and $937 for a 4-bedroom apartment.

Technical Assistance
The standards for the Rental Rehab Program are high. Experienced rehabilitation specialists perform a thorough inspection of the property, identifying problem areas. The rehab specialist writes a scope of work (a list of the work that needs to be done) and then helps the owner get bids from contractors. Once the work starts, the rehab specialist makes periodic inspections to make sure the work meets program requirements.