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Down payment assistance: 175 homeowners helped in 2025; 2026 proposal cuts appropriation to $600,000

5962734 · October 20, 2025
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Summary

Program administrators reported 175 households received grants year to date in 2025 totaling $1,098,100; the executive budget proposes $600,000 for 2026, down from larger 2025 funding and carryover.

Mark (NIDC) briefed the committee on the Milwaukee Home Down Payment Assistance Program, which offers forgivable grants up to $7,000 to help residents purchase their first homes. He reported that year to date 175 new homeowners received grants and that $1,098,100 in grants…

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