Trades Training Purchase Program

Non-profit construction training organizations may be eligible to buy houses priced between $25,000 and $75,000 at a sale price calculated as follows:

    Delinquent taxes and fees owed to City (minimum $5,000)
+ Broker Commission (if applicable)
+ Customary Closing costs

_______________________________________________

   TOTAL: Purchase Price

Property must have been on the market for more than 60 days and be available for investor purchase. In addition to meeting the guidelines, submitting required documents and following the sales process described for non-profit organizations, any construction training organization that wishes to take advantage of this opportunity must meet one of the following criteria:

1. Organization offers trainees recognized construction industry credentials, such as:
   a.  Home Builders Institute Pre-Apprenticeship Construction Training (HBI-PACT)
   b.  Multi-craft core curriculum (mC3)
2. Training organization appears on the Eligible Training Program List published by the Job Center of Wisconsin

Documentation of the organizations' status must be submitted with offers to purchase.