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HACM board approves disposition applications to sell two vacant single-family properties at appraised market value
Summary
The Housing Authority approved submitting HUD disposition applications to sell two vacant scattered-site houses — 1302 S. 20th St. appraised at $104,000 and 4331 N. 60th St. appraised at $66,000 — after staff said repair estimates exceeded roughly $100,000 and neighborhood nonprofits declined a rehab-for-dollar offer.
The Housing Authority of the City of Milwaukee voted to submit disposition applications to HUD seeking approval to sell two vacant scattered-site single-family houses at their appraised fair-market values.
Jeanne Dawson, HACM staff, told commissioners the properties — 1302 South 20th Street (appraised $104,000) and 4331 North 60th Street (appraised $66,000) — were vacated because they were deemed uninhabitable and that repair estimates exceed about $100,000 for each…
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