Chequamegon Food Co-op

New Markets Tax Credit Coalition

Ashland,
WI
(2015)

Chequamegon Food Co-op

Manufacturing

Investment

NMTC Amount: $752,000
Total Project Cost: $1,777,103

IMPACT

8 FTE jobs
3 construction jobs

CDEs

Forward Community Investments

Project Description

The Chequamegon Food Co-op is a member-owned grocery in Ashland on Lake Superior’s south shore. The co-op relocated and expanded thanks to financing from a community revolving loan from the Ashland Area Development Corporation, a joint loan from Northern State Bank and Forward Community Investments (including NMTC financing), and loans from Co-op members. The finished space includes 6,000 square feet of retail grocery, plus a deli, seating area, and cooking classroom.

MAP

Address: 700 Main Street West, Ashland, WI 54806

Census Tract: 55003950400

Other Wisconsin Projects

Greater Galilee

Milwaukee,
WI
(2017)

Adult Daycare, Community, Daycare and Early Childhood, Healthcare, Mixed-use, Nonprofit Hub, Nursing Homes and Hospice, Shelters and Community Food, Youth and Families

CDE(s): Forward Community Investments, IFF

Construction of community center: The new 20,000-sq. ft. facility houses wellness and health programs; meals and nutrition programs; financial services; creative arts and recreation programs; senior adult day care services;

Nueske’s Meats

Wittenberg,
WI
(2016)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Cinnaire New Markets, PNC, WHEDA

This project involved expanding a facility for meat a manufacturer.

Meister Cheese Company

Muscoda,
WI
(2013)

Business Development, Food Manufacturing, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): Rural Development Partners

Meister, a cheese manufacturer, used NMTCs to upgrade the MPP facility and purchase equipment.

S&S Cycle

Viloa,
WI
(2009)

Business Development, Manufacturing, Rural

CDE(s): WHEDA

In 2004, a manufacturer increased operational support at is Viola and La Crosse locations to help retain its 180 employees.