Number
131285
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. BAUMAN and BOHL
Title
Substitute resolution directing the Department of City Development to prepare, in collaboration with other City departments and agencies, a comprehensive guide, for purchasers and owners of one- to 4-unit residential properties, of all programs administered by City departments and agencies that provide financial resources and other assistance for the purchase, repair, rehabilitation or improvement of one- to 4-unit residential properties.
Analysis
This resolution directs the Department of City Development to prepare, in collaboration with other City departments and agencies, a comprehensive guide, for purchasers and owners of one- to 4-unit residential properties, of all programs administered by City departments and agencies that provide financial resources and other assistance for the purchase, repair, rehabilitation or improvement of one- to 4-unit residential properties.
...Body
Whereas, The City of Milwaukee and its affiliated agencies (e.g., Neighborhood Improvement Development Corporation) administer a number of programs that provide financial and other assistance to purchasers and owners of one- to 4-unit residential properties for the purchase, repair, rehabilitation or improvement of those properties; and
Whereas, Because information about these programs is typically provided by multiple sources (e.g, individual brochures, web pages, etc.), home buyers and owners may not be aware of, or know where to look for, all of the City financial and other assistance available to them; and
Whereas, The success of the City’s homebuyer and homeowner assistance programs depends in part on public awareness of the existence of these programs; and
Whereas, The 2014 City Budget includes millions of dollars of additional City funding for homebuyer and homeowner assistance programs under the Strong Neighborhood Investment Plan; and
Whereas, The Common Council finds that the effecti...
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