Gallagher Announces Grant for NeighborWorks Green Bay
February 23, 2021
GREEN BAY, WI — Rep. Mike Gallagher (R-WI) today announced that NeighborWorks Green Bay was awarded a grant of $385,000 to address affordable housing challenges and community development in Northeast Wisconsin. The grant was awarded through NeighborWorks America, and will be used to support basic operations, including capital funds to invest in real estate and lend to homebuyers.
“For nearly 40 years, NeighborWorks Green Bay has played a critical role in supporting development in our community. As we continue to battle the Coronavirus, their work is as important as it has ever been," said Rep. Gallagher. "This grant provides NeighborWorks Green Bay with the resources and flexibility it needs to continue assisting families in Northeast Wisconsin, and I'm looking forward to seeing the positive impact it has right here in our community."
"Every year, NeighborWorks Green Bay serves 1,000 families with education and counseling services and we help 200 families achieve the America Dream of home ownership. Annually, through our home ownership and real estate development activities, we leverage community gifts and grants such as this support from NeighborWorks America into more than $50 million of community investment throughout the Greater Green Bay area," said Noel Halvorsen, President & CEO of NeighborWorks Green Bay.
NeighborWorks Green Bay was founded in 1982 as part of NeighborWorks America. They serve the Greater Green Bay Area by offering homeownership preparation services, down payment and closing cost assistance lending, community-interest real estate development, and other services. Since their founding, they have leveraged the resources they've been provided into $466 million of investment in Northeast Wisconsin.