News 2018-04-17T01:26:11+00:00

There is always something going on at Impact Seven. Be sure to check back for news and updates frequently!

Microloans can assist small businesses

April 9th, 2018|0 Comments

Obtaining the necessary financing can often be a challenge for a small business or entrepreneur, particularly one that is a startup. The reasons

Federal Home Loan Bank of Chicago Announces Community First® Award Winner in Green Bay, Wisconsin

March 26th, 2018|0 Comments

CHICAGO, March 22, 2018 – The Federal Home Loan Bank of Chicago (FHLBank Chicago) was pleased to announce a third recipient of its 2018 Community First Awards yesterday at its member meeting in Green Bay, [...]

Construction to begin for Walker’s Point affordable housing development

February 22nd, 2018|0 Comments

A groundbreaking ceremony will be held on Thursday to celebrate the start of construction of SEVEN04 Place, a 60-unit affordable-housing development at 704 W. National Ave. in Milwaukee’s Walker’s Point neighborhood.

FHLBank Chicago Awards More Than $24.1 Million Through Its Competitive Affordable Housing Program

December 4th, 2017|0 Comments

The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced that more than $24.1 million was granted through its competitive Affordable Housing Program (AHP) to help finance 42 affordable housing projects located primarily...

Laacke & Joy wins Bank Loan Deal of the Year

October 23rd, 2017|0 Comments

MILWAUKEE – CARW (Commercial Association of REALTORS® Wisconsin), the voice of commercial real estate, is pleased to announce the organization’s 2018 Board of Directors and the 2017

Impact Seven Receives $10 Million from the CDFI Fund

September 29th, 2017|0 Comments

Impact Seven, headquartered in Rice Lake, WI, received a $10 million bond loan to finance affordable rental housing, senior living facilities, small businesses, and commercial real estate projects.

Kane Street Development continues to make progress

September 18th, 2017|0 Comments

(WXOW) It was just over one year ago that the City of La Crosse announced a plan that would turn an empty plot of land on Kane Street into affordable housing. With the help of [...]

Heritage House rehab work gets underway (Kenosha News)

August 8th, 2017|0 Comments

When chain-link fence was erected around the Heritage House building earlier this week, it signaled the official start of the long-awaited rehabilitation of one of the city’s most historic existing structures....

Seven04 Place Apartments Awarded Additional Tax Credits

May 25th, 2017|0 Comments

Seven04 Place Apartments advances with additional tax credits Impact Seven and Rule Enterprises are pleased to announce that Seven04 Place Apartments has earned an additional tax credit allocation this month. The award of $76,078 supplements a [...]

Garden Terrace Apartments Receive Critical Tax Credit Award

May 25th, 2017|0 Comments

La Crosse's Garden Terrace Apartments moves forward with a tax credit allocation A $683,000 Low Income Housing Tax Credit (LIHTC) allocation this month will jumpstart the Garden Terrace Apartments development in La Crosse. “The [...]

“Bader Rutters Riverside Digs” [Urban Milwaukee]

January 28th, 2017|0 Comments

[Urban Milwaukee] A spiffy new five-story office building is rising on the north end of downtown Milwaukee..

Greater Wisconsin Opportunities Fund Receives $75M NMTC Award

November 18th, 2016|0 Comments

(MADISON)  -  The Wisconsin Housing and Economic Development Authority (WHEDA), through its Community Development Entity, the Greater Wisconsin Opportunities Fund, Inc. (GWOF), is the recipient of $75 million in New Markets Tax Credits (NMTCs) by [...]

Impact Seven Awarded $1.4M from the CDFI Fund

October 3rd, 2016|0 Comments

Impact Seven is honored to receive a $1.4 million award through in CDFI Fund’s Financial Assistance Program. This follows up a $1.75 million award in 2015. Only the strongest, [...]

I-7 chosen for La Crosse Kane Street Project

August 12th, 2016|0 Comments

The Garden Terrace Apartments is a proposed multi-family rental development on La Crosse’s near north side consisting of 50 apartments and a 1,500 square foot multi-purpose community center. The development will be split between two [...]

Photos: Artist Lofts Grand Opening

July 25th, 2016|2 Comments

The Office of the Governor, the City of Manitowoc, Impact Seven, Inc. and Wisconsin Redevelopment, LLC hosted the grand opening for the Artist Lofts on July 22 to mark the completion of the historic renovation of [...]

Rice Lake, here we come!

July 19th, 2016|0 Comments

Impact Seven adds Office in Rice Lake, WI Since 1979, Impact Seven has helped communities across Wisconsin develop and grow, through a creative mix of business lending, real estate development and property management. Through these efforts, [...]

PRESS RELEASE : Artist Lofts Grand Opening

July 18th, 2016|0 Comments

Open House Scheduled for much anticipated Artist Lofts apartments in Manitowoc, Wis. Grand opening celebration to include site tours, remarks and mural unveilings July 14, 2016 - Manitowoc, Wis. – The Office of the Governor, [...]

Artist Lofts – Grand Opening Celebration

July 11th, 2016|0 Comments

1:00 PM - 3:00 PM PM 2402 W Franklin, Manitowoc WI 54220 1:00 PM Networking Art Exhibition 1:45 PM - 2:30 PM Formal Remarks and Ribbon Cutting Governor Walker Mayor Nickels Jim Brey, Fourth District Alderman [...]

2015 Annual Report Now Available

June 30th, 2016|0 Comments

We are pleased to release our 2015 Annual Report. Inside you'll find stories and projects that help illustrate the diverse work that we contribute to communities across the state.

Photos: Grand Opening of the Franklin School Apts

June 30th, 2016|0 Comments

Project Partners Bremer Bank Commerce Bank Federal Home Loan Bank of Chicago Johnson Bank National Equity Fund NeighborWorks America WEDC WHEDA Wisconsin Department of Administration Wisconsin Historical Society Leasing Information [...]

Grand Opening of the Franklin School Apartments

June 20th, 2016|1 Comment

The year-long project marks substantial completion and occupancy. JUNE 7, 2016 – RICE LAKE, WI – Impact Seven invites the Rice Lake public to a grand opening ceremony for the Franklin School Apartments. The event [...]

Artist Lofts wins Progress Lakeshore’s Neighborhood Development Award

May 12th, 2016|Comments Off on Artist Lofts wins Progress Lakeshore’s Neighborhood Development Award

Alongside Wisconsin Redevelopment, we are honored to have been presented with Progress Lakeshore's Neighborhood Development Award for the Artist Lofts. Located in Manitowoc, WI, this development is turning an abandoned manufacturing plant into 40 units [...]

Impact Seven receives $492,000 in NeighborWorks 2016 Grant Funding

March 30th, 2016|Comments Off on Impact Seven receives $492,000 in NeighborWorks 2016 Grant Funding

APRIL 6, 2016 - Almena, WI– NeighborWorks America announced last month that Impact Seven, Inc. has been recommended to receive $492,000 in 2016 grant funding, an over 170% increase from 2015’s award. The grant funds are [...]

Iconic Bronzeville mural restored to inspire next generation

March 7th, 2016|Comments Off on Iconic Bronzeville mural restored to inspire next generation

With the restoration of the “Celebrate the Arts” mural, the gateway to Bronzeville is alive again with brilliant color. The extensive painting project was completed by a team of artists, including prolific muralist and artist [...]

Franklin School Apartments Nearing Completion

February 22nd, 2016|Comments Off on Franklin School Apartments Nearing Completion

Impact Seven looks towards spring 2016 lease-up. FEB 22, 2016 – RICE LAKE, WI - A February 17 site visit confirms that the extensive renovations and new construction at the future site of the Franklin [...]

Dedication Scheduled for Bronzeville’s Iconic Mural

February 18th, 2016|Comments Off on Dedication Scheduled for Bronzeville’s Iconic Mural

Celebratory Unveiling of the Restored Inner City Arts Mural Scheduled Open house set for Bronzeville Cultural and Entertainment District iconic mural restoration FEB 18, 2016 – Milwaukee, WI – Impact Seven, Inc. invites the Bronzeville [...]

Wilmarth Mansion Grand Reopening Scheduled

January 22nd, 2016|Comments Off on Wilmarth Mansion Grand Reopening Scheduled

The iconic estate sees new life as an event center and offices JAN 14, 2015 – Ashland, WI – Impact Seven, Inc. will be hosting a grand opening reception for the Wilmarth Mansion Historic Event [...]

Empty Manitowoc Mirro plant No. 3 to become ‘Artist Lofts’ apartments

December 18th, 2015|Comments Off on Empty Manitowoc Mirro plant No. 3 to become ‘Artist Lofts’ apartments

"It's going to be providing 40 units of affordable housing; 36 are going to have rent restrictions for 30 years," said Giornalista. "So it's going to have long-term affordability."

Inner City Arts Mural Nearing Completion

December 11th, 2015|Comments Off on Inner City Arts Mural Nearing Completion

Impact Seven's Milwaukee offices are home to an iconic mural by Reynaldo Hernandez - we're elated that after 20 years, the original artist was able to help us preserve this beautiful landmark for decades to [...]

  • Artist Lofts Building

Groundbreaking Scheduled for Artist Lofts: Loft Style Housing Project in Manitowoc, WI.

December 9th, 2015|Comments Off on Groundbreaking Scheduled for Artist Lofts: Loft Style Housing Project in Manitowoc, WI.

Adaptive reuse and renovation of the historic Mirro Plant #3 underway DEC. 9, 2015 - Manitowoc, Wis. – The Office of the Governor, the City of Manitowoc, Impact Seven, Inc. and Wisconsin Redevelopment, LLC will [...]

Impact Seven helps break ground at Freshwater Plaza Development

October 22nd, 2015|Comments Off on Impact Seven helps break ground at Freshwater Plaza Development

Governor Scott Walker joined community and business leaders in a ceremony Thursday, October 22nd to celebrate the Freshwater Plaza groundbreaking in Milwaukee. The Freshwater Plaza is being developed by Wangard Partners, Inc. They specialize in green, [...]

Impact Seven awarded $1.75 Million for Small Business Loan Pool

September 14th, 2015|Comments Off on Impact Seven awarded $1.75 Million for Small Business Loan Pool

Almena, WI, September 14 – Impact Seven (I-7) is the recipient of a $1.75 million award the CDFI Fund, and is one of six Wisconsin Community Development Financial Institutions (CDFIs) to be awarded. These funds [...]

Bringing new life to a neighborhood art landmark

August 30th, 2015|Comments Off on Bringing new life to a neighborhood art landmark

Reynaldo Hernandez stands next to the mural he created in 1984 at 642 W. North Ave. Hernandez is preserving the mural on the side of the Inner City Arts Council building.

  • Maple Park Apartments Exterior

Rehabilitation Begins on Barron County Housing Projects

August 17th, 2015|Comments Off on Rehabilitation Begins on Barron County Housing Projects

The Barron County Housing project was acquired by Impact Seven in August of 2014, following the initiation of a prepayment request that could have ended the project's affordability for low-income individuals and families. The three [...]

New chapter opening for Franklin School

July 29th, 2015|Comments Off on New chapter opening for Franklin School

A groundbreaking ceremony was held Tuesday for the renovation of Franklin School into apartments.

Impact Seven Begins Renovations on Franklin School Aparments

July 22nd, 2015|Comments Off on Impact Seven Begins Renovations on Franklin School Aparments

Impact Seven will host a ground breaking for the Franklin School Apartments on Tuesday. The project involves the adaptive reuse of the historic Franklin School into 12 units of affordable housing, as well as the [...]

Impact Seven Welcomes New VP of Real Estate Development

May 1st, 2015|Comments Off on Impact Seven Welcomes New VP of Real Estate Development

Spring 2015 Impact Seven is pleased to announce the addition of Kristine Giornalista to its executive team as the Vice President of Real Estate Development. Kristine joins Impact Seven during a year packed with projects, including [...]

Impact Seven, LBWN Receive Partnership Award

April 1st, 2015|Comments Off on Impact Seven, LBWN Receive Partnership Award

CHICAGO, April 1, 2015 – The Federal Home Loan Bank of Chicago (Bank) is pleased to announce the Wisconsin recipients of its 2015 Community First® Awards. The awards recognize outstanding achievements of the Bank’s

Impact Seven Named Federal Home Loan Bank of Chicago Community First Fund Partner, Receives $7 Million 10-Year Loan

March 25th, 2015|Comments Off on Impact Seven Named Federal Home Loan Bank of Chicago Community First Fund Partner, Receives $7 Million 10-Year Loan

CHICAGO and ALMENA, Wis., March 25, 2015 /PRNewswire/ -- The Federal Home Loan Bank of Chicago (Bank) today announced that Impact Seven, a nonprofit Community Development Financial Institution (CDFI) headquartered in Almena, Wisconsin, has been named [...]

Franklin School to be Renovated for Apartments

December 10th, 2014|Comments Off on Franklin School to be Renovated for Apartments

A Jan. 2 closing on the sale of the Franklin Elementary School on Main Street was approved at Monday's regular meeting of the Rice Lake Area Board of Education.

Mayor Barrett, other city officials “toast” the sale of downtown “Posner Building”

October 8th, 2014|Comments Off on Mayor Barrett, other city officials “toast” the sale of downtown “Posner Building”

Milwaukee Mayor Tom Barrett and other city officials “toasted” the sale of a downtown Milwaukee building on Wednesday, October 8th.

Wisconsin Group Aims to Preserve Sec. 515 Properties

September 22nd, 2014|Comments Off on Wisconsin Group Aims to Preserve Sec. 515 Properties

The clock is ticking on thousands of rural affordable housing units in Wisconsin. Built under the federal Sec. 515 program, these aging homes are at risk of losing their affordability in just the next several years.

Impact Seven Wins $100,000 to Launch Innovative Preservation Initiative in Wisconsin

August 14th, 2014|Comments Off on Impact Seven Wins $100,000 to Launch Innovative Preservation Initiative in Wisconsin

The Wells Fargo NEXT Awards for Opportunity Finance announced this morning that Impact Seven, an Almena, WI-based CDFI (community development financial institution), has won this year’s $100,000 NEXT Seed Capital Award