City of Milwaukee: Seeking developer proposals for Homes MKE initiative

MILWAUKEE – The Division of Metropolis Growth (DCD) is searching for proposals from builders to take part within the Properties MKE initiative. This effort will renovate vacant Metropolis-owned residential properties that can assist construct stronger neighborhoods all through Milwaukee.

In 2021, Mayor Cavalier Johnson and members of the Milwaukee Frequent Council allotted $15 million in federal American Rescue Plan Act funding to DCD for the Properties MKE program. The purpose is to renovate vacant homes within the Metropolis’s stock of tax-foreclosed residential properties and return them to productive use.

“Rising up in Milwaukee, I skilled the consequences of housing insecurity simply as many residents and households at the moment are. That is private for me, so we labored to deploy federal ARPA funds for this initiative that can revitalize vacant properties into new houses,” mentioned Mayor Cavalier Johnson. “Collectively, we’re working to construct stronger neighborhoods, promote homeownership, and guarantee each Milwaukeean has entry to the standard, reasonably priced housing they want.”

The targets of Properties MKE are to:

• Promote, renovate and reoccupy a minimal of 150 vacant foreclosed Metropolis-owned homes;
• Prioritize the event of the homes to supply residence possession alternatives for Metropolis residents;
• Coordinate redevelopment efforts that lead to a constructive affect for the encompassing neighborhood;
• Present building and job alternatives;
• Present improvement alternatives for rising builders; and
• Collaborate with native residents to supply housing and useful resource alternatives in neighborhoods the place Properties MKE properties are positioned.

The total RFP is offered HERE.

Extra details about DCD is offered HERE.