City of Milwaukee - File #: R13454

• File #: R13454
• Version: 0
• Type: Housing Authority Resolution
• Status: Passed
• File created: 12/7/2023
• In control: HOUSING AUTHORITY
• On agenda: 12/13/2023
• Final action: 12/13/2023
• Title: Resolution approving the submission by the Housing Authority of the City of Milwaukee to the U.S. Department of Housing and Urban Development of a Disposition Application for the sale of the vacant land at 421 East Locust Street for the fair market value of $500,000
• Sponsors: THE CHAIR

Date	Ver.	Action By	Action	Result	Tally
12/13/2023	0	HOUSING AUTHORITY	ADOPTED; Minutes note: Scott Simon, Travaux’s Vice President of Business Development, described the property and area near the Holton Terrace development being considered for disposition and pointed out that the maps and descriptions of the area were provided with the agenda. Mr. Simon stated that an environmental evaluation was done of the land to make sure that it was clean along with the appraisal of the property. He stated that HACM will submit a disposition application to the U.S. Department of Housing and Urban Development for the sale of the vacant land. Commissioners discussed several uses of the property that could be beneficial for the neighborhood and bring in more local businesses.	Pass	3:0

Number

13454

Version

Original

Reference

Sponsor

The Chair

Title

Resolution approving the submission by the Housing Authority of the City of Milwaukee to the U.S. Department of Housing and Urban Development of a Disposition Application for the sale of  the vacant land at 421 East Locust Street for the fair market value of $500,000

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, HUD allows Public Housing Authorities to submit Disposition applications to dispose of all or part of public housing structures and land in excess of what is needed to operation efficiently;

WHEREAS, the parcel located at 421 E. Locust St. exceeds the needs of the HACM and its residents; and,

WHEREAS, the Secretary-Executive Director recommends approving the submission by the Housing Authority of the Disposition application to remove the 1.00 acres of vacant land at 421 E. Locust St.; and, therefore, let it be

RESOLVED, that the recommendation to submit the Disposition application to sell 421 E. Locust St. at Fair Market Value is hereby accepted; and be it

FURTHER RESOLVED, that the Secretary-Executive Director is hereby authorized to take whatever action is necessary to complete the submission of the Disposition application for 1.00 acres of vacant land at 421 E. Locust St. and have said property removed from its inventory.

Requestor

Drafter

Housing Management, Jeanne Dawson, 12/7/2023