Since 1994, the Housing Authority of the City of Milwaukee's Homeownership Program has helped hundreds of people realize their dream of becoming homeowners. The program offers ways for public housing residents, rent assistance voucher holders and others to work towards acquiring an asset that can benefit their family and the community for generations to come.
Homeownership Program Options
HACM operates two programs to assist low-income Milwaukeeans in achieving the dream of home ownership.
Section 32 Homeownership
This program assists people who live in HACM's public housing units, or people who would qualify for public housing based on their income, in preparing for and achieving a homeownership goal. Participants may be eligible for forgivable second mortgages if they choose to purchase a home sold by HACM. Section 32 Homeownership Program.
Section 8(y) Homeownership
This program is on hold until further notice, so no applications are being accepted.
This program assists people who live in HACM's public housing units, or people who would qualify for public housing based on their income, in preparing for and achieving a homeownership goal. Participants may be eligible for forgivable second mortgages if they choose to purchase a home sold by HACM. This program assists HACM Housing Choice Voucher Program participants in converting their housing voucher to a mortgage payment.
Homes for SaleHACM offers beautifully rehabbed homes for sale in two categories: Section 32 Properties that are available to participants in the Section 32 Homeownership Program or the 8 (y) Homeownership Program and Market Properties that are available to any buyer. All homes have been beautifully rehabbed and are ready for move-in.
Need Help with Housing?
Whether you are a current homeowner, are seeking to purchase or build a home, or are an investor, the City of Milwaukee's Housing Help Web Tool can assist you in reaching your goals.
Are there any other grants I can get for my home purchase?You should ask the Homeownership Counseling Agency that you are working with about other grants that may available; sometimes the agency or the lender have grant funds. It is always good to ask.
Which Section 32 application should I complete?
Why should I buy a HACM house?
Our homes are completely rehabbed and are in move-in condition. The objective of the Homeownership Program is to help people acquire homes and stay in them as long as they would like to. We try to make sure the new homebuyer will not need to have any major repairs for a long time.
Also, there are no property taxes paid on the house for the year in which you buy it.
Can I offer less than the asking price on a HACM home?HACM does not set the prices for the houses we sell. The prices are established by an independent, third party appraiser. This is done to be fair to the other homeowners in the area, as their home values are dependent on what other homes sell for. So, no, we cannot accept less than the sale price.
Where are your houses for sale?They are all in the City of Milwaukee. Our list of available houses changes all the time, so we recommend checking our website for updates. View our Homes for Sale inventory.