|David Latona - President|
Milwaukee Economic Development Corporation
Wednesday, October 26, 2016
Our approach to lending has always revolved around two fundamental principles: Sharing risk with all participants in a project, and lending in partnership with private sector financial institutions.
We assess risk similarly to conventional lenders, but we lend out funds at a higher risk level to increase the feasibility of a project. With all of our loan programs, we support and assist minority- and woman-owned businesses.
We also work with the City of Milwaukee and the Redevelopment Authority of the City of Milwaukee (RACM) in the development and environmental remediation of commercial and industrial properties.
The Corporation's activities are supervised by a Board of Directors consisting of Milwaukee area business men and women, as well as lenders, with our day-to-day governance delegated to the Board's Executive Committee. All loans are reviewed and approved by our Loan and Finance Committee, with land investments being reviewed and approved by the Land Resource Committee.
|KING DRIVE & NORTH AVENUE|
Food System is a growth industry.
Enduring concentrated poverty and impact on health wellness are two main reasons for positive change.
MSGN collaborations include the USDA Public Affairs Midwest office, America Heart Association, Milwaukee Public School - Clarke Street School and Milwaukee Area Technical College - Horticulture Mequon, Citizen Action of WI, Dawn to Dusk Forever Garden Group, Amazing Architecture, and Love Foundation Inc.
MSGN is a public policy service to create the URBAN OASIS concept produced by Milwaukee Professionals Association LLC.