powered help
header-left header-center header-right
File #: R_12779    Version: 0
Type: Housing Authority Resolution Status: Passed
File created: 5/11/2016 In control: HOUSING AUTHORITY
On agenda: 5/11/2016 Final action: 5/11/2016
Effective date:    
Title: Resdoluton approving an offer by Anthony Fietz to purchase the home located at 5030 North 19th Place for $58,000
Sponsors: THE CHAIR
Attachments: 1. 051116_Homeownership Fact Sheet 5030 N 19th Pl.pdf

Number

R_12779

 

Version

Original

 

Reference

 

Sponsor

The Chair

 

Title

Resdoluton approving an offer by Anthony Fietz to purchase the home located at 5030 North 19th Place for $58,000

 

Analysis

 

Body

WHEREAS, The Housing Authority of the City of Milwaukee owns and manages approximately 3,560 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 of the City of Milwaukee (HACM) promotes self-sufficiency and homeownership opportunities; and

 

WHEREAS, the property at 5030 N. 19th Pl. is a 3 bedroom single-family home located in the 1st Aldermanic District.  This was a City of Milwaukee foreclosed property that was rehabbed under the Market Rate Program.

 

WHEREAS, the Secretary-Executive Director recommends that the offer from Anthony Fietz to purchase 5030 N. 19th Pl. in the amount of $58,000 be accepted; and

 

RESOLVED, by the Housing Authority of the City of Milwaukee that the offer from Anthony Fietz to purchase 5030 N. 19th Pl. in the amount of $58,000 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 sale of this property.

 

Requestor

 

Drafter

Dario Romero, Homeownership Section

4/29/2016