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The Housing Act of 1937 created support for access to affordable housing nationwide and funding for local agencies. The Housing Authority of the City of Milwaukee (HACM) was established in 1944, and Parklawn became Milwaukee's first public housing development constructed by the Works Progress Administration (WPA). In 1948, HACM built Northlawn ...
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The three-story, 212,000-square-foot Marcia P. Coggs Human Services Center, 1220 W. Vliet St., would be redeveloped by Gorman Co. under a new plan.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Since the program's inception, the Trust has assisted more than 7,000 first-time homeowners with low-interest second mortgages, helped construct 15,000 units of affordable rental housing. [35] The Trust funds programs for first or second mortgages, property acquisition for affordable housing cooperatives, or new construction. However, new ...
Around $2.3 million in city funding would help develop 20 duplexes and 34 single-family homes in Milwaukee's Midtown neighborhood under a new proposal.. Those 74 new housing units would help meet ...