City of Milwaukee - File #: 260435

• File #: 260435
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 7/14/2026
• In control: COMMON COUNCIL
• Final action: 7/31/2026
• Title: Substitute resolution approving a Project Plan and a Development Agreement, authorizing expenditures and creating Tax Incremental District No. 136 (Amani Homeownership Initiative), in the 6th, 7th, and 15th Aldermanic Districts.
• Sponsors: ALD. STAMPER, ALD. JACKSON, ALD. COGGS
• Indexes: TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING

Date	Ver.	Action By	Action	Result	Tally
8/3/2026	1	MAYOR	SIGNED
7/31/2026	1	COMMON COUNCIL	ADOPTED	Pass	15:0
7/28/2026	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Larry Kilmer, DCD Britney Roberson, Dominican Center Brian Soderman, Milwaukee Habitat for Humanity Michael Emem, EMEM Group Frank Martinez, Community Development Alliance Lafayette Crump, DCD Jim Gaillard, Ezekiel CDC A presentation was made. Tax Incremental District No. 136 consists of 358 parcels in an area generally bounded by West Burleigh Street on the north, North 26th Street on the west, North 18th Street on the east and West Meinecke Avenue on the south. The District is being created to support the new construction of 95 affordable single-family homes in the Amani neighborhood. There was discussion on details of the housing project, home ownership, rental and lease to own, programming and commitments, resources for homeowners, and human resource requirement and property management.	Pass	5:0
7/21/2026	1	CITY CLERK	DRAFT SUBMITTED
7/14/2026	0	COMMON COUNCIL	ASSIGNED TO

Number
260435
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. STAMPER, JACKSON and COGGS
Title
Substitute resolution approving a Project Plan and a Development Agreement, authorizing expenditures and creating Tax Incremental District No. 136 (Amani Homeownership Initiative), in the 6th, 7th, and 15th Aldermanic Districts.
Analysis
Tax Incremental District No. 136 consists of 358 parcels in an area generally bounded by West Burleigh Street on the north, North 26th Street on the west, North 18th Street on the east and West Meinecke Avenue on the south. The District is being created to support the new construction of 95 affordable single-family homes in the Amani neighborhood.

The Tax Incremental District will fund annual grant payments to the Developer for 25 years pursuant to a development agreement, equal to 100 percent of any incremental tax revenue (less $7,500 in annual expenses), resulting from the taxable value of real and personal property in the Tax Incremental District, not to exceed an amount equal to $3,570,000, plus interest, as further described in the Project Plan attached to this Common Council file.
Body
Whereas, The Wisconsin Legislature created Section 66.1105, Wisconsin Statutes, entitled “Tax Increment Law;” and

Whereas, Section 66.1105(4) of the Tax Increment Law sets forth certain process and criteria that the Common Council of the City of Milwaukee (“Common Council”) and the Redevelopment Authority of the City of Milwaukee (“RACM”) must follow to create a Tax Incremental District (“TID” or “District”) and approve a Project Plan (“Plan”); and

Whereas, Pursuant to Section 66.1105(4)(a) through (gm), Wisconsin Statutes, on July 16, 2026, RACM conducted a public hearing on the proposed TID and the Plan, designated the boundaries of the District, approved the Plan, recommended that the District be created, and submitted such recommendation to the Common Council for approval with the Plan, a copy of which is attached to this Common C...