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Northwest Side Community Development Corporation Closes $700,000 Loan to Diamond Precision Products

This is the Northwest Side CDC’s largest loan backed by a grant from OCS to date; at least 40 jobs to be created by high-tech manufacturer of precision machined components  

January 19th, 2012, Milwaukee, WI--The Northwest Side Community Development Corporation has closed on a $700,000 loan to Diamond Precision, a manufacturer of cast and precision machined components that recently expanded into a new facility on the northwest side of Milwaukee at 11000 W. Heather Avenue.   The loan funds were granted to the Northwest Side CDC by the Community Economic Development Office of Community Services, Administration for Children and Families, U.S. Department of Health and Human Services. 

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NW Side of Milwaukee Featured in National Blog

Two-time Pulitzer Prize winning columnist interviews Northwest Side CDC Executive Director Howard Snyder and First District Alderman Ashanti Hamilton in a piece about the dwindling middle class in the Milwaukee area.  

 

 

Sen. Kohl Announces Grant Award for NWSCDC

WASHINGTON, DC – U.S. Senator Herb Kohl today announced that Milwaukee’s Northwest Side Community Development Corporation (NWSCDC) has been awarded $740,402 and the Martin Luther King Economic Development Corporation (MLKEDC) has been awarded $545,800 in federal urban development grants through the U.S. Department of Health and Human Services (HHS) Office of Community Services.  Kohl contacted HHS in support of both grant proposals.

“Both of these community development corporations are well known leaders in strengthening workforce opportunities in the City of Milwaukee,” Kohl said.  “I’m pleased that these grants will help propel their efforts forward to create good jobs and help people develop the skills they’ll need to fill them.”

 

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