Number
R13588
Version
Original
Reference
R12582
Sponsor
The Chair
Title
Resolution approving the submission by the Housing Authority of the City of Milwaukee to the Department of Housing and Urban Development of a Disposition Application for the release of the Leasehold Interest in the property located at 1916 North Vel R. Phillips Avenue
Analysis
Body
WHEREAS, the Housing Authority of the City of Milwaukee (HACM) received from the Department of Housing and Urban Development (HUD) a grant from its Capital Fund Education and Training Community Facilities (CFCF) Program for $1,237,900; and
WHEREAS, the grant was used to make capital improvements in the building allowing for the operation of educational and job training opportunities for public housing residents; and
WHEREAS, HACM entered into a 40-year lease agreement with the owner of the building, St. Francis of Assisi Church (SFAC) on May 23rd, 2014 to lease the space for the operation of educational programs; and,
WHEREAS, the building has fallen into disrepair and is no longer being used by SFAC or HACM; and,
WHEREAS, SFAC has requested a mutual lease termination so the building can be sold and/or redeveloped by another entity; and;
WHEREAS, the conditions of the grant require that termination of the leasehold interest in the property require HUD approval through the Section 18 Disposition process; and
WHEREAS, the Acting Secretary-Executive Director recommends approving the submission by the Housing Authority of the Disposition application to remove the leasehold interest HACM has in the property at 1916 North Vel R. Phillips Avenue; and, therefore, let it be
RESOLVED, that the recommendation to submit the Disposition application to remove the leasehold interest HACM has in the property at 1916 North Vel R. Phillips Avenue is hereby accepted; and be it
FURTHER RESOLVED, that the Acting Secretary-Executive Director is hereby authorized to take whatever action is necessary to complete the submission of the Disposition application to remove the leasehold interest HACM has in the property at 1916 North Vel R. Phillips Avenue.
Requestor
Drafter
Housing Management April 24, 2025