Welcome to Impact Seven!
A Community Economic Development Corporation
Impact Seven builds capacity for low income communities by providing services and development in business, housing, and property management.
Impact Seven is known as a trusted partner for developing, building, and maintaining quality communities throughout its service area.
Impact Seven, Inc. is a private nonprofit corporation specializing in economic development, housing development, property management, and other independent and socio-economic development activities.
Impact Seven, Inc. has a long history of managing housing projects financed by Rural Development (Formerly FmHA) and the U.S. Department of Housing and Urban Development (HUD) throughout the State of Wisconsin. Impact Seven also specializes in the management of Low-Income Housing Tax Credits (LIHTC) projects and Market Rate housing. Impact Seven presently manages over 1200 units for families, elderly, and other residents.
NATIONAL EXCELLENCE AWARD for “The Almena Idea”. In 1996, Impact Seven was (1) of only (25) in the nation selected by the National reparatory Committee for Habitat II with the support of the U.S. Department of Housing and Urban Development for a National Excellence Award. Winners of the award here showcased in June of 1996 in Istanbul, Turkey, at the United Nations Conference on Human Settlements.
“The Almena Idea” represents a strategic and operational alliance between a local development corporation and a small rural community to address the problem of economic decline. So far, the program has established two industrial parks, completed a zoning project, assisted in the development of housing for low-income elderly persons, developed market-rate housing in the community, and encouraged job creation through business development efforts that have resulted in (24) business start-ups or expansions and the creation of more than 158 jobs to date. A downtown rehabilitation project has also been initiated.
In 1981, then Governor of Wisconsin, the Honorable Governor Lee Sherman Dreyfus received a letter from G. A. Chiaruttini, Senior Program Manager, Office of Economic Development, Community Services Administration, stating that Wisconsin was the “home of one of the nation’s most effective and productive community development corporations (CDC) funded by the federal government. Impact Seven achieved its high rating as reflected in the analysis of data collected for a nation-wide study from a sampling of (15) CDCs funded by the Office of Economic Development of the Community Services Administration. The evaluation was the result of an eighteen month study conducted by a separate, non-profit research and evaluation corporation, "The National Center for Alternatives.” This testimonial says much about Impact Seven’s capability in the area of community economic development.