One of the biggest challenges for HALO over the past few years of serving those experiencing homelessness in Racine has been finding quality, affordable housing into which our clients can move. It is very possible to find cheap housing, and it is easy to find quality housing, but the combination of the two has become quite rare. On top of this challenge is the issue of vacant and foreclosed homes that often litter Racine's neighborhoods.
Because of these issues, HALO has decided to team up with a number of partners to begin purchasing foreclosed homes, renovating them, and finally selling them at reasonable prices. With some of the homes, we sell to local landlords who agree to rent specifically to low income persons for a number of years. With others, we will sell directly to local community members, offering preference to those individuals and families who might not be able to afford housing that is as high quality otherwise.
Some of the benefits of this program include:
Land-Quest specializes in the purchase, renovation and sale of single and multifamily properties throughout Kenosha & Racine, WI.We are dedicated to helping people purchase properties that are completely renovated for lower than market prices.Whether you’re looking to purchase your first home, remodel your existing home, or simply learn more about investing in real estate, there is no one more dedicated than Land-Quest.
Forward Community Investments (FCI) is an investor, connector, and advisor for organizations and initiatives that reduce social, racial, and economic disparities across Wisconsin. We build stronger, healthier communities by working with other organizations to understand the root causes of social issues and by encouraging and supporting initiatives that make positive change possible.
The HOME Investment Partnerships Program (HOME) provides formula grants to States and localities that communities use - often in partnership with local nonprofit groups - to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people. HOME is the largest Federal block grant to state and local governments designed exclusively to create affordable housing for low-income households.
Wells Fargo has agreed to partner with HALO in order to provide us with formerly foreclosed homes currently under their maintenance bill at little to no cost.
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