Section 8(y) Homeownership Program (HACM Rent Assistance Participants)

This program is for Housing Choice Voucher holders (Rent Assistance/Section 8 Program). Elderly or disabled participants receive assistance as long as they own the home. To qualify, applicants must:

1. receive rent assistance through the City of Milwaukee 's Housing Choice Voucher Program.
2. be employed full time (average of 30 hours per week) and have earned income of at least $15,000 per year (unless age 62 or older or disabled).
3. be a first time homebuyer or not have owned property in the past three years (unless displaced through death or divorce).
4. be current with rent and compliant with all lease obligations.

Download a Section 8(y) Homeownership Program Brochure.

Download a Section 8(y) Homeownership Program Application.

Call the program at (414) 286-5043 for additional information.

Section 32 Homeownership Program (HACM Residents)

This program is for HACM residents who are living in a City of Milwaukee Public Housing unit. Participants can purchase a newly rehabbed, single family home for appraised value and may receive grants and subsidies to assist with the purchase price and/or down-payment. To qualify, Residents must:

1. have an income of at least $15,000 per year.
2. currently live in a HACM public housing unit.
3. have income that is at or below 80% of the median county income.
4. be a first time homebuyer or not have owned property in the past three years (unless displaced through death or divorce).
5. be current with rent and compliant with all lease obligations.
6. Forgivable second mortgages, up to $25,000, are only available to eligble buyers who purchase a HACM home.

Download a Section 32 Homeownership Program Brochure for HACM Residents

Download a Section 32 Homeownership Program Application (HACM Residents)

Call the program at (414) 286-5473 for additional information.

Section 32 Homeownership Program (Non-HACM Residents)

This program is for those who are not currently in public housing, but who are public housing eligible. (i.e. someone who is on the Rent Assistance or Public Housing waiting list or someone who is low income). Participants can purchase a newly rehabbed, single family home for appraised value and may receive grants and subsidies to assist with the purchase price and/or down-payment. To qualify, applicants must:

1. be a city of Milwaukee resident.
2. must have an annual income of at least $15,000.
3. have income that is at or below 80% of the median county income.
4. be a first time homebuyer or not have owned property in the past three years (unless displaced through death or divorce).
5. meet other non-financial criteria outlined on the application.
6. Forgivable second mortgages, up to $25,000, are only available to eligible buyers who purchase a HACM home.
   

   Download a Section 32 Homeownership Program Brochure (non-HACM Resident)

   Download a Section 32 Homeownership Program Application (non-HACM Resident)

   Call the program at (414) 286-5405 for additional information.

2013 AREA MEDIAN INCOME LIMITS-
NSP PROGRAMS

CURRENT HOMES
FOR SALE

2-BEDROOM UNITS
5033 N. 25th Street
~$75,000
OFFER PENDING

3-BEDROOM UNITS
2619 S. 66th Street
(price reduced)

5270 N. 52nd Street
~ $73,000

4171 N. 36th Street
~ $86,000

4208 N. 36th Street
~$79,000

UPCOMING HOMES
FOR SALE

2-BEDROOM UNITS
3961 N. 28th Street (sale price to be determined)

5226 N. 65th Street
~$65,000
OFFER PENDING

3-BEDROOM UNITS
2431 S. 33rd Street
ACCEPTED OFFER

4332 N. 22nd St. (3+Bd)
~ $90,000

8642 W. Douglas
~ $112,000

4557 N. 28th Street
(sale price TBD)

4-BEDROOM UNITS
4165 N. 42nd
~ $115,000

6338 W. Richmond
~ $100,000

4120 N. 14th Street (sale price to be determined)

4165 N. 40th Street (sale price to be determined)

5-BEDROOM UNITS
4233 N. 21st Street
~ $105,000
OFFER PENDING

6-BEDROOM UNITS
3388 N. 23rd Street

For more information about these listings,
call (414) 286-5473
or send an e-mail to
dromer@hacm.org.