City of Milwaukee - File #: 041537

• File #: 041537
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 2/22/2005
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 11/14/2006
• Effective date: 12/2/2006
• Title: A substitute ordinance relating to the establishment, operation and funding of a Milwaukee housing trust fund.
• Sponsors: ALD. MURPHY, ALD. MCGEE JR., ALD. D'AMATO, ALD. HINES JR., ALD. WADE
• Indexes: ELDERLY HOUSING, HOUSING, HOUSING TRUST FUND

Date	Ver.	Action By	Action	Result	Tally
12/1/2006	2	CITY CLERK	PUBLISHED
11/27/2006	2	MAYOR	SIGNED
11/14/2006	2	COMMON COUNCIL	SUBSTITUTED	Fail	1:14
11/14/2006	2	COMMON COUNCIL	PASSED	Pass	12:3
11/9/2006	2	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PASSAGE	Pass	5:0
11/9/2006	2	FINANCE & PERSONNEL COMMITTEE	RECONSIDERED	Pass	5:0
11/9/2006	2	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PASSAGE	Pass	4:1
11/8/2006	2	CITY CLERK	DRAFT SUBMITTED
11/8/2006	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	SUBSTITUTED; Minutes note: Individuals present at the table - Mary Good - 1840 N. Prospect Ave.	Pass	5:0
11/8/2006	2	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR PASSAGE AND ASSIGNED	Pass	5:0
11/3/2006	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/17/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	NOT ACTED ON
10/13/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/12/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/11/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/11/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/11/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/11/2006	1	CITY CLERK	DRAFT SUBMITTED
2/23/2005		ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
2/22/2005	0	COMMON COUNCIL	ASSIGNED TO

Number
041537
Version
Substitute 2
Reference
060071
Sponsor
ALD. MURPHY, McGEE, D'AMATO, HINES AND WADE
Title
A substitute ordinance relating to the establishment, operation and funding of a Milwaukee housing trust fund.
Sections
316 cr
Analysis
This ordinance codifies the recommendations contained in the Milwaukee housing trust fund task force's final report dated June, 2006, relating to the establishment, operation and funding of a housing trust fund as endorsed, with certain modifications, by common council resolution file number 060071, adopted on September 26, 2006.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Chapter 316 of the code is created to read:

CHAPTER 316
HOUSING TRUST FUND

316-1 Establishment; Purpose
316-3 Administration
316-5 Housing Trust Fund Advisory Board
316-7 Financing the Housing Trust Fund

316-1. Establishment; Purpose. There is established a housing trust fund to support developers and governmental entities in the acquisition, construction, rehabilitation and modification of affordable and accessible housing for low-income households, and to finance support services that assist low-income households in obtaining and maintaining affordable housing.

316-3. Administration. The housing trust fund shall be administered by the community development grants administration division of the department of administration. The community development grants administration division, guided by the recommendations of the Milwaukee housing trust fund task force approved by the common council in resolution file number 060071, shall:
1. Administer the housing trust fund.
2. Develop and implement appropriate rules, procedures, guidelines and regulations for the proper operation of the housing trust fund, including the necessary internal controls over the fund.
3. Review requests for funding from the housing trust fund and make funding recommendations to the h...