It’s no secret that in the City of Milwaukee, out-of-state investors and hedge funds have been buying up housing inventory to turn into rentals.
The nonprofit Acts Housing is taking a comprehensive approach to counter that trend, and get more Milwaukeeans owning their own homes.
Giving homebuyers a good start through education and coaching
“Why is credit important?” asks Evette Richardson, to a crowd of about a dozen people.
She and Alex McCune are in a lofty, high-ceilinged event space just west of Marquette University. The Acts educators are leading two nights of HUD-certified homebuyer education.
It teaches people how to debunk the myths of homeownership, tips on how to achieve it and, importantly, how to get finances in order…