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Milwaukee Builds 95 Affordable Homes | Milwaukee News
Milwaukee is rolling out its third “backbone” TIF district, the Amani Homeownership Initiative, to build 95 new affordable homes on vacant city lots — with Habitat for Humanity and Emem Group leading construction. The city’s $3.57M investment bridges the gap between home costs and buyer affordability, shifting upfront risk to developers who’ll be repaid from future tax revenue. Already proven in previous TIFs that’ve built over 50 homes, this plan targets the Amani neighborhood, with 40 units initially rented before transitioning to owner-occupancy after 15 years. If approved by the Common…
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