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TRANSCRIPT
1. DO I QUALIFY? An important first step in the homebuilding process is knowing what you can afford. If you are a first time homebuyer, we suggest your start the process by contacting one of the homebuying counseling agencies listed below. They can help you determine hour home building budget, as well as what you need to do in order to qualify for a mortgage loan to build your house. From a financial standpoint, the cost of most new home construction will start in the $180,000-$200,000 range. • ACTS Housing
(414) 933-2215, actshousing.org• Housing Resources, Inc. (HRI)
(414) 461-6330, hri-wi.org • UCC - United Community Center
(414) 384-3100, unitedcc.org
2. OBTAIN A PREQUALIFICATION LETTER FROM A LENDER The lenders listed in this brochure are “partner lenders” and have agreed to work with buyers to help finance your new home construction. Meeting with a lender is also an important “first step” in building a new home. You will need a lender “pre-qualification” letter to reserve a lot. This will also help you shop for a builder/home design – because based on how much of a loan you can qualify for, you will know what your budget will be for building your new home.
3. FIND A BUILDER – DESIGN YOUR HOME The builders listed in this brochure have designed models for new subdivisions, but you can also use a builder of your choice. The Metropolitan Builders Association (mbaonline.org) is a good resource for identifying builders in the local area. Make sure you choose a model that meets the design standards for the subdivision. View models on our website at milwaukee.gov/WalnutCircle.
4. CONTACT THE CITY OF MILWAUKEE DEPARTMENT OF CITY DEVELOPMENT TO RESERVE YOUR LOT AND MOVE FORWARD The Department of City Development (DCD) is coordinating all lot sales and building activity for the City of Milwaukee. Once you have been prequalified for a loan to build your new home – contact DCD’s Yves LaPierre at 286-5762 to move forward with the homebuilding process.
5. NEW TO THE HOME BUILDING PROCESS? If you are new to the home building process, the Metropolitan Builders Association website contains a link to the “New Home Source” website – which offers advice and information on building a new home at newhomesource.com/ResourceCenter.
Lender List• Associated Bank
- Eduardo Herrera-Mier, (414) 283-2587, [email protected]
• Equitable Bank - Veron Gray, (414) 961-2553, [email protected] or Mike Monaghan, (414) 303-5057, [email protected]
• Northshore Bank - Miguel Pesqueira, (414) 327-2336, [email protected]
• Pyramax Bank - Gary White, (414) 235-5107, [email protected]
• Ask about special WHEDA financing!
Builders• Cross Development Group, Inc.
Carla Cross, (414) 807-5920• Kuhs Quality Homes, Inc.
Cindy Kuhs, (414) 333-7212, kuhshomes.com
$1lots
$10,000forgivable second mortgage loansThe Department of City Development
is happy to answer questions about lot availability, house design and offers.
milwaukee.gov/dcd(414) 286-5762
Build your NEW home in one of the City’s premier subdivisions located in the heart of the City!
Submit offer, earnest money and a pre-approval letter from your bank to reserve your lot.
LIMITED TIME SPECIAL OFFER – ACT NOW!
Interested in building your NEW home in one of these new subdivisions?
S U B D I V I S I O N
T H E
MAYORTom Barrett
ALDERMANRussell Stamper, IImilwaukee.gov/Walnut Circle
Limited to funding availability.
S U B D I V I S I O N
T H E
• Located at 20th & Walnut
• 29 lots currently available
• Adjacent to the original City Homes subdivision in a neighborhood that reflects pride of ownership and committed residents
Walnut Circle milwaukee.gov/WalnutCircle
Great location and only a few minutes from downtown
Josey Heights milwaukee.gov/JoseyHeights
The first and only “green” residential subdivision in the City
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54.9
8’
4
4’
44’
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3.93
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54.9
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44’
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4’
44’
123’
123’
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123’
123’
127.25
127.22’
127.2’
127.19’
127.17’
10’ easement 10’ easement
20’
N. 2
0th
Stre
et
16
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6 5 4 3 2 1
49.33’ 44’ 44’ 44’ 44’ 49.31’
120’
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47’ 44’ 44’ 44’ 44’ 47’
6 5 4 3 2 1
120’
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Block 2 Block 120’
N. 2
2nd
Stre
et
W. Galena Street Traffic Circle
W. Walnut Street
58.8
4’
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4’
44’
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3.08
’
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3’
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127.25
127.24’
127.22’
127.2’
127.17’
127.25’
127.22’
127.2’
127.19’
127.17’
10’ easement 10’ easement20’ 20’
SOLD
SOLD
SOLD
W. Brown Street
W. Lloyd Street
N. 1
4th
Stre
et
N. 1
3th
Stre
et
Block 1
Block 3
Block 265’ 65’ 65’
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110.78’
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65’ 65’ 65’
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89’ 44.
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.5’ 110.78’
110.78’
110.78’
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44.5
’
6
54321
11 10 98713 12
100’ 68.9’ 68’ 68’
50’ 50’51’51’ 51’
44.
51’
44
.5’
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4.5’
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94.98’
106.5’
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106.5’71
’10
4.21
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432
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109
142’
142’
142’
134.67’
116’
116.11’
134.85’
142’
142’
142’
40’
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SOLD
SOLD
• Located at 12th & Lloyd
• 33 lots currently available
• Located in the Lindsay Heights neighborhood – home to millions of dollars of new investment and strong resident engagement
W. North Ave.
W. Walnut St.
W. Vliet St.
W. Highland Ave.
N. 27th St.
W. Fond du Lac Ave.
43
N. M
LK Dr.
94 794
N. 6th St.N
. 17th St.
N. 20th St.
W. Garfield Ave.W. Lloyd St.N
. 12th St.
• Brand new construction in the heart of the city of Milwaukee
• Fully improved lots, including sewer water, lighting and sidewalks • Shop and compare – affordable lot pricing means more house for your money!
The Legacy milwaukee.gov/Legacy
Convenient location near shopping and new development
• Located near 20th & Garfield
• Up to 45 lots currently available
• Located near the recently built St. Ann Center for Intergenerational Care, the Wellness Commons developments and millions of dollars of new investment
• Near Alice’s Garden, Brown Street Academy, Johnson’s Park and Fondy Farmer’s Market
Three subdivisions offer many advantages to prospective homebuyers:
N. 2
4th
Stre
et
N. 2
2nd
Stre
et
W. Lloyd Street
W. Garfield Ave.
SOLD
SOLD
SOLD
N. 2
1st S
treet
N. 2
3rd
Stre
et
SOLD
SOLD
SOLD
W. Brown Street
N. 2
1st L
ane
SOLD SOLD
Call for information on lot size and availability. Lots to be subdivided based on buyer demand.
S U B D I V I S I O N
T H E