Posted inRNA News

RNA Report October 2004

minutes taken by Lorraine Jacobs Announcements: Bill Richards and Laura Martin are canvassing Ward 103 for MoveOn PAC, assistance welcome. Jim Wilson announced that Energy Assistance Applications are now available at his office. There will be a dedication ceremony for the David Middlebrook sculpture at the Gordon Park pavilion, on October 29th, from 4:00 to […]

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Miracle on Holton Street – RIC Story Part II

In last month’s issue, we gave a sketch of the Riverwest Investment Cooperative, the local housing investment group that celebrated its second annual membership meeting in August. This month we want to trace the story of RIC over the past twelve months as it changed from a handful of dreamers to a property-holding cooperative capable of qualifying for a loan of over $100,000 and rehabbing the very distressed house at 2543 N. Holton. There is quite a cast of characters.

Posted inRNA News

RNA Report

minutes taken by Lorraine Jacobs Announcements: George Martin mentioned a potential source of funding for mediation services in the Riverwest neighborhood. Presentations: James Pekrul, Foster Youth Independence Center of Milwaukee, Inc., has submitted an application to the Zoning and Neighborhood Development Committee requesting approval for operation of a social service agency. This agency would be […]

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Giving an Old Building New Life

Nobody had any idea how much work would be necessary on the Holton Street house. Since RIC obtained the property, members have gutted it, hauled away more than five dumpsters’ worth of debris, roofed it, and drawn up a game plan to complete the rehab. In order to pay for future improvements, the RIC board of directors applied for a loan, another undertaking which required far more work than anyone predicted. That work paid off, with a $105,000 buiding construction loan approved by Lincoln Neighborhood Redevelopment Corporation in late August.