Latest ACRE class to receive training for main street projects in Milwaukee neighborhoods

Many past graduates who became lead developers have done affordable apartment developments. Such projects have been a focus on past courses, Strong Hill said, because of the high degree of subsidy available through federal affordable housing tax credits.

But this year there will be more training on smaller commercial projects and work in main street corridors, Strong Hill said. It will prepare the ACRE grads to potentially do projects in the neighborhoods the city and LISC have partnered on, she said.

Those six areas are the Riverworks neighborhood along North Holton Street, North Dr. Martin Luther King Jr. Drive, Avenues West, Clarke Square south of the Menomonee Valley, Lindsay Heights, and West Burleigh Street in Sherman Park. :: Read More ::

Black Holocaust Museum, apartments approved

636153356148685992-griotA proposal to create apartments and a new home for America’s Black Holocaust Museum on Milwaukee’s north side provides an opportunity for people to better understand this country’s racial divisions, the development’s supporters said Monday.

It’s important to have places where people can “explore how one we are, and how there is no ‘other,'” Brad Pruitt, a museum spokesman, said at Monday’s meeting of the Common Council’s Zoning, Neighborhoods and Development Committee.

The committee voted 5-0 to recommend approval of the $16.6 million development, which will include $1.4 million in city funds. Those funds will be repaid through new property taxes from the apartments. :: Read More ::

Bublr Comes to King Drive

14956541_10154679517644127_3110277913100932620_nLast week Bublr and the City of Milwaukee installed ten new stations funded by a Congestion Mitigation and Air Quality grant. A new station was opened on King Drive.

With these installations, Bublr is continuing to expand its service area into more and more Milwaukee neighborhoods and key destinations. Bublr is excited for all of these new stations, but we are especially excited about the installations at Bradford Beach because so many people requested it, MLK/North because it illustrates our commitment to ensure that Bublr is available for all Milwaukeeans and Burns Commons because of how close it will be to a street car stop. :: Learn More ::

Small business loan fund created for King Drive district

North Shore Bank and the Historic King Drive Business Improvement District have created a $50,000 revolving loan fund to help finance revitalization efforts in the business district north of downtown Milwaukee.
North Shore Bank’s contribution of $25,000 investment will match the district’s investment of $25,000. The district is funded through annual assessments on neighborhood commercial properties. :: Read More ::

Generous donation: North Shore Bank helps with revitalization of Milwaukee neighborhood

north-shore-bankMILWAUKEE — North Shore Bank is helping with the revitalization of a Milwaukee neighborhood.

On Thursday, March 31st, the Historic King District Business Improvement District received a $25,000 donation from the bank.

The money will go towards the creation of a $50,000 revolving loan fund.

The loans will be available to qualified businesses looking to either start or expand in the area.

“It’s not the size of the loan — it’s the need and these needs don’t always have to be large. In many cases this is going to be a contract that these people get that they need additional equipment, more supplies, or people and then this bridges the gap that allows them to purchase the equipment and make their businesses more successful,” Michael Kellman with North Shore Bank said. :: Read More ::

North Shore Bank and Historic King Drive Business Improvement District Announce $50,000 Revolving Loan Fund

northshorebankNorth Shore Bank and the Historic King Drive Business Improvement District (BID) today announced the creation of a $50,000 revolving loan fund, to be used towards revitalization efforts in the business district. North Shore Bank contribution of a $25,000 investment will match the BID’s investment of $25,000.
The BID will utilize the fund to authorize small business loans between $1,000 and $10,000. The loans will be available to qualified businesses looking to either start or grow their presence in the Historic King Drive district. In addition to the funds, applicants will receive free technical assistance and mentorship. Interested businesses can call 414-265-5809 for more information or to apply. :: Read More ::

Popular South Side supermarket to open new store in Bronzeville

petesmarketRedevelopment of a distressed Milwaukee neighborhood will get a boost when Pete’s Fruit Market, a South Side institution, opens a new store on the corner of West North Avenue and North Dr. Martin Luther King Jr. Drive.

The corner building, long vacant after a Walgreens drug store relocated about a mile to the north, was the center of controversy in 2013 when a Dollar Tree store tried to move in. Community opposition to the Dollar Tree was led by Ald. Milele Coggs, who joined with the Milwaukee NAACP to demand that the neighborhood get a full-service grocery to improve the health of the community Coggs represents District 6, where the old Walgreens store is located. :: Read More ::