Wisconsin Bankers Association announces $50K in housing, economic development grants

MADISON, Wis. (WMTV) – The Wisconsin Bankers Association (WBA) announced on Friday that it has awarded five grants of $10,000 to Wisconsin projects supporting housing and economic development.

These grants also were awarded to projects supporting housing literacy, community investment and financial and cyber literacy in Wisconsin.

“Affordable housing and housing literacy are acute needs for individuals and families in our state and are critical drivers for our economy’s workforce needs,” WBA President and CEO Rose Oswald Poels said. “We are proud to offer this inaugural grant opportunity, which showcases the partnership of Wisconsin banks and non-profit organizations to strengthen programming that empowers Wisconsinites to become financially capable, promotes homeownership, and builds wealth that can be passed on to future generations.”

Projects awarded the grants include:

• Community First Bank in Boscobel – The bank plans to develop and distribute educational resources throughout southwest and south-central Wisconsin, with a focus on current and prospective homeowners in rural areas. WBA says resources could include video content on credit repair strategies and steps to homeownership.
• Peoples State Bank in Prairie du Chien – In partnership with Couleecap, Inc., a United States Department of Housing and Urban Development (HUD) counseling agency, the bank plans to provide a three-part community education series and one-to-one counseling sessions.

Click here to download the WMTV15 News app or our WMTV15 First Alert weather app.

Copyright 2024 WMTV. All rights reserved.