homeownership
Posted inNeighborhood News

Riverwest Welcomes Habitat for Humanity

by Currents Staff

by Will Mueller
Milwaukee Habitat for Humanity (MHFH) moved its headquarters to Riverwest, 3726 N. Booth St., on April 15 and is currently building eight new homes in the adjacent Harambee neighborhood. MHFH moved its headquarters because their previous building, located at 2233 N. 30th St., was deteriorating, and because they needed more usable space for construction preparations and storage. Currently, MHFH is building 35 homes a year in Milwaukee neighborhoods: 20 new construction in Park West and Harambee, and 15 rehabbed condos on Milwaukee’s Northwest side.

Posted inNeighborhood News

Doyle to Sign Legislation Against Predatory Lenders

by Editor

In response to a disturbing increase in unscrupulous home lending practices and an alarming increase in foreclosures due to these loans, on Thursday morning, April 15, Governor Jim Doyle will sign into law an act designed to protect unwary homeowners from predatory lenders. Predatory loans are designed to strip the homeowner of the equity they have in their home, and generate huge fees for the lender, regardless of the borrower’s ability to pay back the loan…

Posted inNeighborhood News

Bush Signs American Dream Downpayment Act

by Editor

President Bush signs American Dream Downpayment Act, a $200 million program designed to help tens of thousands of low-income families to become homeowners is expected to start in the spring. LISC–Bush and HUD Acting Secretary Alphonso Jackson said the initiative will also help meet the Administration’s “Homeownership Challenge” to increase minority homeownership by 5.5 million […]