$35,000 Homebuyer Assistance Program

City of Milwaukee / NIDC

Available Home Repair

About This Program

Forgivable second mortgage for buyers rehabilitating City-owned foreclosed homes. No income limit. 0% interest, forgiven pro-rata over 5 years. Limited to 50% of total purchase + rehab cost. Requires occupying the home as primary residence for 5 years after rehab completion.

City-owned foreclosed properties only (1-2 units)

Key Details

  • Up to $35,000 forgivable second mortgage for rehab
  • 0% interest, forgiven annually over 5 years
  • No income limit, not limited to first-time buyers
  • City-owned foreclosed properties (1-2 units) only
  • Must occupy as primary residence for 5 years post-rehab

How to Apply

Visit Official Program Page Track this program

414-286-5610

Deadline: Rolling, while City-owned foreclosed homes available

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