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Milwaukee Non-Profit Competes with Private Equity Firms for Properties

October 9, 2022

Competition from deeper-pocketed out-of-state investors and private equity firms buying up bundles of homes in predominantly Black neighborhoods are partly driving housing prices higher right now. In Milwaukee, the non-profit ACTS has raised millions of dollars in private donations in order to get local residents into lower-cost mortgages instead of high-cost rents. Dan Lieberman reports on how it works.

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