News

LISC $5M Investment Builds New Loan Pool for Small Businesses

8.24.2017
Wisconsin Governor Scott Walker with Maurice Jones, LISC CEO and President. Wyman Winston, Executive Director of WHEDA, in the background.
Wisconsin Governor Scott Walker with Maurice Jones, LISC CEO and President. Wyman Winston, Executive Director of WHEDA, in the background.

LISC is pleased to fuel economic development through job creation and entrepreneurship with a $5 Million investment in a newly-created Wisconsin Business Opportunity Fund which leverages WHEDA’s New Markets Tax Credits. The fund will finance construction, equipment purchases, and other types of hard assets for small businesses.

At the 5th Anniversary Celebration for Transform Milwaukee, Wisconsin Governor Scott Walker announced the new $11.1 Million loan pool which consists of the new Wisconsin Business Opportunity Fund and WHEDA's Participation Lending Program.

Related article:

WHEDA offering $11.1 million in small business financing