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 Announced:
  • Acts Community Development; Advanced Investors; FIT Investment Group, LLC/Westcare Wisconsin, Inc.; Maures Development Group; One 5 Olive/Milwaukee Community Land Trust; Rico Love Foundation LLC/Mayfield Properties; Strong Blocks; CME Development, LLC; Ezekiel Community Development; Servant Manor; T.A.S. Solutions, LLC; Walnut Way Conservation Corp.; and Walters Renovations, LLC

3) Right Now

April 19, 2023: Builders have begun renovations at multiple vacant City-owned properties throughout Milwaukee.

News:

• April 21, 2023: Milwaukee Business Journal: Project to rehab 150 vacant Milwaukee houses officially kicks off
• April 20, 2023: Milwaukee Independent: Homes MKE: Initiative Begins Renovating Vacant City-Owned Houses to Build Stronger Neighborhoods 
• April 19, 2023: FOX 6 YouTube Video: Homes MKE kicks off- DCD Commissioner, Common Council, and Builders Speak
• April 19, 2023: FOX 6: Homes MKE kicks off; initiative renovates city-owned properties
• April 19, 2023: CBS 58: Milwaukee kicks off Homes MKE initiative aiming to renovate vacant houses
• April 19, 2023: TMJ4: City launches program to renovate 150 vacant homes across Milwaukee
• April 19, 2023: Spectrum News: Milwaukee to renovate 150 vacant houses, create affordable housing
• April 19, 2023: Urban Milwaukee: Work Starts on Redeveloping 150 Vacant Homes
• September 28, 2022: Urban Milwaukee: Mayor Cavalier Johnson Signs Resolution to Advance Homes MKE Initiative
• September 13, 2022: Milwaukee Business Journal: Milwaukee's ARPA-funded home rehabs to start later this year, 15 developers selected
• September 13, 2022: BizTimes: City announces partners for Homes MKE initiative
• September 13, 2022: Urban Milwaukee: 66 Developers Bid To Rehab City’s Vacant Homes
• September 12, 2022: Press Release: Development Teams Announced for Homes MKE Initiative
• August 22, 2022: Milwaukee Journal Sentinel​​​​​​​: Milwaukee received $44 million in federal funds for affordable housing. Here's how the city plans to spend it.
• April 29, 2022: Press Release: American Rescue Plan Act funding will support Homes MKE initiative to renovate vacant houses, build stronger neighborhoods