Number
13621
Version
Original
Reference
Sponsor
The Chair
Title
Resolution approving the sale of the single-family Scattered Site unit located at 3156 North 24th Place, to AHA 1, LLC, a subsidiary of Acts Housing, in the amount of $1,000.00
Analysis
Body
WHEREAS, the Housing Authority of the City of Milwaukee (HACM) owns and manages more than 4,000 units of low-rent public housing under the terms of an Annual Contributions Contract with the U. S. Department of Housing and Urban Development (HUD); and
WHEREAS, the Housing Authority previously received approval from the Department of Housing and Urban Development (HUD) to sell Scattered Site houses to low income, first time home buyers, and to Purchase and Rehab Entities under the Section 32 Homeownership Program; and
WHEREAS, the property located at 3156 n. 24TH Pl. is a Scattered Sites property with repairs estimates that exceed the value of the real estate; and
WHEREAS, AHA 1, LLC. is the purchasing subsidiary of Acts Housing, a non-profit agency which provides homebuying counseling, purchasing assistance, and rehabbing assistance to first-time, low-income home buyers; and
WHEREAS, AHA 1, LLC. will rehab the home and resell it to an income eligible homebuyer, thereby keeping the property as low-income housing; and
WHEREAS, the Acting Secretary-Executive Director recommends approving the sale of 3156 N. 24th Pl. to AHA 1, LLC. for $1,000.00; and
NOW THEREFORE BE IT RESOLVED, by the Housing Authority of the City of Milwaukee that the sale of the property located at 3156 N. 24th Pl. be approved; and, be it
FURTHER RESOLVED, that the Acting Secretary-Executive Director is hereby authorized to take any and all actions necessary to complete the sale of this property.
Requestor
Drafter
Housing Management, Jeanne Dawson, Program Specialist, 8/6/2025