The project involves funding working capital and tenant improvements for Jonco industries related to its expansion into the former Eaton building located in a highly distressed community in the 30th street corridor of Milwaukee’s Northwest side. This area has recently seen the loss of roughly 300 jobs when a primary employer (Eaton) left its location […]
The New Markets Tax Credit helped Foremost Farms USA finance dairy production upgrades, retain and create jobs, invest in future projects to increase profitability, and return equities to members while retaining the proper equity base. The Wisconsin Community Development Legacy Fund, a Community Development Entity comprised of WHEDA, Impact Seven and Legacy Bancorp, provided a […]
This project is a refinance and business expansion request. The principals of Duracolor took over the failing graphics company in 2004. They were able to preserve a substantial number of well paying positions in the community. Over the last three years the management had been able to stabilize the company and bring it to the […]
The project is the refinance of the operating educational non-profit business venture known as Discovery World. Discovery World Ltd. was created through a merger of Discovery World and Pier Wisconsin in 2004. A function of the merger was the creation of state-of the art science educational facilities with an emphasis on marine based science along […]
The project is sponsored by Beerline Crossing LLC., a special entity created to help in the transformation of prior vacant underutilized industrial property in the Port Washington corridor of the Riverworks Industrial District. This Riverworks area at one time employed thousands of industrial employees through corporations like American Motors Corporation and Chrysler. Over the last […]
This project included a mixed-use commercial real estate development with offices.
Since 1958, S&S Cycle has manufactured V-twin engine parts as well as elite aftermarket accessories to improve motorcycle performance and speed. S&S distributes its products to motorcycle manufactures and enthusiasts in the US and throughout the world. In 2004, the manufacturer increased operational support at is Viola and La Crosse locations to help retain its […]
Main Street Ingredients (MSI) is a formulator and manufacturer of private label nutritional systems, Keystone stabilizer systems, Cornerstone formulated proteins, and functional dairy ingredients serving the nutritional and food processing industries. The company has just completed the installation of a new advanced technology Agglomeration System. This new system allows them to instantize whey proteins, nonfat […]
Brownfield redevelopment for industrial use and office developement for a distrubution company. The Canal Street project is located in Milwaukee’s Menomonee Valley â€“ an industrial area targeted for comprehensive redevelopment that extends west of the city’s center.
MEDC provides low cost, long-term, subordinate capital to operating businesses in the City of Milwaukee through the its NMTC Revolving Loan Fund (RLF) product. We fund fixed asset purchases for land, buildings, and equipment for small to medium-sized businesses (average loan sizein the loan pool is $400,000) experiencing financing gaps. MEDC’s loans address the significant […]