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 Milwaukee to bail out hard-hit housing developments

March 30, 2013 

Milwaukee to bail out hard-hit housing developments

In 2005 and 2006, when housing prices and homeownership rates were peaking, Milwaukee officials approved plans to spend more than $8 million to help developers create about 90 single-family homes and a 24-unit townhouse project on the city’s north side. But the housing market collapse hit the central city hard. Between those two projects, just...…