City of Milwaukee - File #: 211493

• File #: 211493
• Version: 2
• Type: Resolution
• Status: Passed
• File created: 1/18/2022
• In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 4/19/2022
• Title: A substitute resolution allocating funds from the Partnerships in Affordable Ownership Housing and Alternatives to Home Ownership Initiative capital program to the Milwaukee Community Land Trust.
• Sponsors: THE CHAIR
• Indexes: HOME OWNERSHIP, HOUSING

Date	Ver.	Action By	Action	Result	Tally
4/27/2022	2	MAYOR	SIGNED
4/19/2022	1	COMMON COUNCIL	TAKEN FROM COMMITTEE	Pass	13:0
4/19/2022	2	COMMON COUNCIL	SUBSTITUTED; Minutes note: Accept Proposed Substitute A.	Pass	13:0
4/19/2022	2	COMMON COUNCIL	ADOPTED	Pass	13:0
4/7/2022	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR	Pass	4:0
2/17/2022	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	SUBSTITUTED; Minutes note: Accept Proposed Substitute A Individuals present: Maria Prioletta - Dept. of City Development Lamont Davis - Milwaukee Community Land Trust Ald. Dodd retracted her motion to adopt. Ald. Zamarripa added as co-sponsor.	Pass	4:0
2/17/2022	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: Ald. Stamper would like to hold this to hold a community meeting and he does not support this from this funding.	Pass	4:0
1/18/2022	0	COMMON COUNCIL	ASSIGNED TO

Number
211493
Version
SUBSTITUTE 2
Reference

Sponsor
THE CHAIR
Title
A substitute resolution allocating funds from the Partnerships in Affordable Ownership Housing and Alternatives to Home Ownership Initiative capital program to the Milwaukee Community Land Trust.
Analysis
This substitute resolution allocates $200,000 from funds provided in the 2021 budget to support efforts to increase home ownership and provide alternative home ownership models to the Milwaukee Community Land Trust for their program to provide affordable home ownership opportunities and prevent displacement in City neighborhoods.
Body
Whereas, In the City of Milwaukee (“City”) 2021 Budget, the Common Council of the City of Milwaukee (“Common Council”) provided funding in the amount of $3 million to the Department of City Development (“DCD”) for a Partnerships in Affordable Ownership Housing and Alternatives to Home Ownership Initiative capital program; and

Whereas, The program was established for the purposes of increasing affordable housing by supporting alternative home ownership models and down payment assistance programs; and

Whereas, The Milwaukee Community Land Trust (“MCLT”) has been organized and has established a model to provide affordable home ownership opportunities for Milwaukee residents, create community control over real estate and prevent displacement in Milwaukee neighborhoods; and

Whereas, These goals are consistent with the City’s goals of creating affordable home ownership opportunities, supporting alternative home ownership models and strengthening and stabilizing Milwaukee neighborhoods; and

Resolved, By the Common Council of the City of Milwaukee, that an allocation of $200,000 from the Partnerships in Affordable Ownership Housing and Alternatives to Home Ownership Initiative Program will be provided to MCLT for the purpose of creating long term affordable home ownership opportunities for Milwaukee residents and neighborhoods, substantially consistent wit...