Applications are now open for the $ 200 million Neighborhood Investment Fund grant program

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MADISON, Wis. (CBS 58) – The Evers administration on Thursday, September 30, announced requests for grants of up to $ 200 million that will allow municipalities across the state to invest in ready-to-go projects and support those in need. served. and communities.

Already announced in August, the Neighborhood Investment Fund Grant program will allow eligible local and tribal governments to invest or partner in large investment projects to serve populations who have been disproportionately affected by the pandemic.

“Helping our municipalities invest in innovative public projects is the goal of the Evers administration, as we continue to bounce back from the pandemic,” DOA Secretary Joel Brennan said. “Not only will the Neighborhood Investment Fund Grant program help invigorate our communities, but this program will also help us to rebuild stronger by meeting the needs of the workforce, transit, child care and family. ‘other community needs in Wisconsin. “

According to a press release, the Neighborhood investment fund subsidy program will provide funding for important projects that provide long-term benefits to communities while also combating the negative impacts of COVID-19. The program places particular emphasis on projects benefiting communities that have been disproportionately affected by the pandemic, particularly those in qualified census tracts. The program is funded by the American Rescue Plan Act (ARPA) and will be administered by the Department of Administration.

Competitive grant applications will remain open until November 4, 2021. Private or local partnerships must identify a municipal or local government entity to oversee the grant application, the use of grant funds, and all record keeping involved. accompanied. Beneficiaries will be announced by December 2021 and all selected projects must be completed by the end of 2024.

The criteria for the grant program and details of the upcoming informational webinar are available on the program’s website, where applicants can get updates and submit questions.


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