Developers

1) RFP                                          

Dozens of Milwaukee-based property developers responded to the Homes MKE Request For Proposals. Proposals were evaluated on a 115-point scale which included: 

• Experience, capacity and potential – ability of entity to acquire, hold, develop, sell and/or own and manage
  scattered site, tax-foreclosed properties and the experience and qualifications of key team members
  responsible for the implementation of the activities (0-45 points)
• Financial capacity – ability to obtain financing for development and leverage additional investment (0-30
  points)
• Contractor capacity – ability of respondent to employ sufficient contractor capacity to achieve program
  constructions timelines and goals (0-15 points)
• Unique Elements of Development Plan - beyond the renovation of properties, any proposed unique
  strategies or partnerships that will be employed to meet Program goals. (0-20 points)
• Pricing of Rehab Components- price provided by developer for major rehabilitation components for property renovation (0-5 points)

2) Awarding Of Developer Agreements

Following ranking of proposals, the evaluation team invited the highest ranked firm/individual(s) to participate in the Homes MKE Program.

• Development Teams:
  • Acts Community Development
  • Advance Investors
  • CME Development, LLC
  • Ezekiel Community Development
  • Financial Freedom
  • Maures Development Group
  • MLK EDC
  • One 5 Olive/Milwaukee Community Land Trust
  • Rico Love Foundation LLC/Mayfield Properties
  • Servant Manor
  • Strong Blocks
  • T.A.S. Solutions, LLC
  • Walnut Way Conservation Corp.
  • Walters Renovations, LLC

3) Right Now

March 14, 2025: Thirty houses have been fully renovated: Five properties have occupants participating in a rent-to-own program. Nineteen properties have been sold for homeownership. Two properties are for sale on the market for homeownership. Four properties are under contract for homeownership. Over thirty properties are under renovation.