Press Release: Gov. Evers Announces More Than $8 Million Neighborhood Investment Fund Grants for Rice Lake, Altoona, Menomonie, and Eau Claire

State of Wisconsin sent this bulletin at 03/02/2022 10:40 AM CST
Office of Governor Tony Evers
FOR IMMEDIATE RELEASE: March 2, 2022
Contact: GovPress@wisconsin.gov 
 
Gov. Evers Announces More Than $8 Million Neighborhood Investment Fund Grants for Rice Lake, Altoona, Menomonie, and Eau Claire
 
RICE LAKE — Gov. Tony Evers today announced the cities of Rice Lake, Altoona, Menomonie, and Eau Claire will receive more than $8 million as part of the Neighborhood Investment Fund grant program. These funds will be used to improve downtown infrastructure and pedestrian safety, promote business development initiatives, and support local affordable housing and shelter needs.

“From expanding affordable housing options to strengthening infrastructure and revitalizing our main streets, this grant program was designed to connect the dots in our communities to ensure they recover and succeed for years to come,” said Gov. Evers. “So I am thrilled to be awarding these funds today to support the good work folks are doing in Rice Lake, Altoona, Menomonie, and Eau Claire to collaborate together to tackle the needs in their communities.” 

Of the awardees announced today, the city of Rice Lake will use a $3,157,057 grant to make improvements to their Main Street corridor that will provide a safe route within the city for all users and revitalize the city’s historic downtown. The city of Altoona will use a $1,377,435 grant to redevelop two downtown properties into an office, restaurant, and retail incubator hub to bolster Altoona’s downtown and create a unique regional attraction for residents and visitors. Additionally, through a $1,433,093 grant, the city of Menomonie will build a 20-bed shelter facility to help address homelessness in the community. Finally, the city of Eau Claire will use $2.5 million in grants support two projects that address affordable housing and shelter needs in the local community, including $1 million to support the development of the Cannery Trail Residence Phase II, a 43-unit affordable housing development in downtown Eau Claire, and $1.5 million for the expansion of the Catholic Charities Sojourner House to provide emergency shelter for an additional 28 homeless adults and youth in the community.

Part of a nearly $650 million investment allocated by the governor for community building and recovery efforts statewide, the Neighborhood Investment Fund program was announced in August 2021 and is administered by the Wisconsin Department of Administration (DOA). Grants being awarded range in size from $1 million to a maximum of $15 million and are funded through the American Rescue Plan Act (ARPA). Applications opened on Sept. 30, 2021, and closed on Nov. 11, 2021. Additional information can be found on the program website. A full list of grant recipients of the Neighborhood Investment Fund program will be announced later this week.

Wisconsinites can visit BadgerBounceback.wi.gov to view pandemic-related assistance information for families, farmers, businesses, organizations, and communities, as well as the latest data and success stories about how COVID-relief investments are making a difference across the state. For updates on other recovery-related grant opportunities, sign up for the Badger Bounceback update list.
 
An online version of this release is available here.
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