Layton Boulevard neighbors aim to restore neighborhood
MILWAUKEE --In the face of the foreclosure crisis, a neighborhood group is transforming vacant houses into move-in ready, affordable homes. It's all part of Layton Boulevard West Neighbors' "Turnkey Renovation Program". Since 2008, the organization has rehabbed a dozen homes in neighborhoods between Miller Park and Mitchell Park. They aim to keep the historic charm but add eco-friendly features like solar panels.
Housing specialist Hilaria Rios says the program is helping stabilize real estate values in the area and making it a more attractive place to live, "I've seen a lot of families that left the neighborhood, they are coming back because there is so much going on in the Layton Boulevard area," said Rios.
The homes are sold to low and middle income familes. Rios says the pricing is tens of thousands of dollars below the typical selling price. Leaders of the program says the homes are affordable thanks in part to to federal funding, forgive able loans, and community members who've helped with the renovations.
Two turnkey homes are expected to hit the market this month. You can check them out on Saturday, June 15th. Click the link below for more information.