Northside Homeowners Initiative

Northside Milwaukee, Milwaukee, Wisconsin 53206

Contact Northside Homeowners Initiative

NEWLY RENOVATED DUPLEXES AND SINGLE FAMILY HOMES IN THE HEART OF MILWAUKEE. UNIQUE RENT-TO-OWN OPPORTUNITY FOR QUALIFYING HOUSEHOLDS.

The Gorman Homes are newly renovated homes in several neighborhoods throughout Milwaukee. Residents who rent these 2-4 bedroom single family homes are given the opportunity to experience the joys of home ownership, while still having the support of a professional management team. For rental information, call 414-263-0189.

There are several apartment homes reserved at reduced rents should your household income fall within area guidelines. Call today for details on this great money saving opportunity. This is made possible due to Wisconsin's affordable housing program.

Eligibility for Northside Homeowners Initiative

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Milwaukee but actual income limits may differ for units at Northside Homeowners Initiative.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$35,000	$40,000	$45,000	$49,950	$53,950	$57,950	$61,950	$65,950
Low Income (60%)	$42,000	$48,000	$54,000	$59,940	$64,740	$69,540	$74,340	$79,140

Northside Homeowners Initiative Details

40 bedroom units.
Single Family
Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.