City selects neighborhoods for investments

Organizations:

City of Milwaukee officials have selected 10 neighborhoods for the 2007 targeted investment neighborhoods program (TIN), which promotes home ownership, property renovation and community activities to improve the quality of life in the neighborhoods.

The 2007 TIN neighborhoods are: Woodlands (bounded by 95th Street, Swan, Brown Deer Road and Allyn), Bender (Bender Street, 77th to 84th streets), Thurston Woods (bounded by 35th, 43rd, Florist and Douglas), Eaton neighborhood (area near Eaton Corp.), Sherman Park (bounded by 40th, 44th, Hadley and Burleigh), Metcalf Park (bounded by 27th, 38th, North and Center), Brooks-Bronzeville (bounded by Garfield Avenue, Center Street, North Dr. Martin Luther King Jr. Drive and 7th Street), Harley-Davidson neighborhood (bounded by McKinley, Galena, 36th Street and 40th Street), Silver City (bounded by 25th Street, 38th Street, Pierce and Greenfield) and Clock Tower Acres (bounded by Orchard, Burnham, 2nd Street and 4th Street).

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Under the TIN program, the city focuses funds and resources in a six- to 12-block area for about three years in an attempt to improve the neighborhood. Funds are set aside to improve housing conditions. Homeowners are offered low-interest and forgivable loans to make improvements to their properties. Funds for the program are provided by the federally funded community development block grant program, the Greater Milwaukee Foundation, the Helen Bader Foundation and the Harley-Davidson Foundation.

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"The TIN program is a powerful tool that brings city resources together with residents to build stronger neighborhoods," said Mayor Tom Barrett. "This program helps homeowners fix their roofs and make other repairs, and it encourages residents to connect with their neighbors to mobilize around specific concerns and improvements."

The Silver City TIN has been a major success, city officials say. Since it was established in 2003, more than 258 housing units were updated and 187 buildings were improved. That activity has leveraged more than $1.5 million in additional private investment in the neighborhood, city officials say.

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