For Immediate Release: June 8, 2020
Contact: Kassidy Farrey, Communications & Outreach Manager, WISCAP
Madison, WI – WISCAP is excited to announce Associated Bank’s recent philanthropic investment of $117,500 in Wisconsin’s community action network. The announced fund is the second such award made to WISCAP by Associated over the past two years and comes as the Bank has aggressively supported communities across the region in responding to the effects of the Covid-19 pandemic.
Associated Bank and WISCAP share a common goal of creating stronger communities through economic development. This investment will specifically expand access for low-and moderate-income communities in the areas of homeownership, home repair, small business, financial literacy, and workforce development programs. In addition, it will increase staff capacity and give local community action agencies the ability to bolster case management, client identification and enrollment in trainings, business development, and access to affordable housing and repair.
“By partnering with WISCAP, Associated Bank continues to demonstrate a positive commitment to the communities where they have a presence,” said Brad Paul, Executive Director of WISCAP. “It is crucial that we expand housing opportunities and job and skill training for low to moderate income Wisconsinites. Our network exists to fight poverty and help people faced with its effects. This meaningful investment by Associated Bank will allow us to advance that mission.”
Associated Senior Vice President and Director of Community Accountability LaDonna Reed added, “the community action network in Wisconsin shares our focus around economic and community development, making this grant a keystone investment in the future of Wisconsin’s rural and urban communities. We are excited to partner with WISCAP and leverage their insight into the poverty fighting and community development efforts by member agencies. We know our shared communities will benefit from this investment in Community Action’s proven mission, programs, and impact.”
The Wisconsin Community Action Program Association (WISCAP) is the statewide association for Wisconsin’s sixteen (16) Community Action agencies and two single-purpose agencies with statewide focus. You can learn more about WISCAP at wiscap.org