Contact:
Tony Hozeny, Department of Commerce, 608/267-9661
MADISON – Governor Jim Doyle today announced a $191,500 Department of
Commerce (Commerce) grant to Columbia Savings and Loan Association to clean
up a contaminated brownfields site in downtown Milwaukee.
“With this grant, we will help Columbia Savings and Loan Association expand
its business to serve its growing customer base,” Governor Doyle said.
“Columbia Savings and Loan Association has been committed to the City of
Milwaukee since 1924 and I am pleased to help the association grow its
business.”
Columbia Savings and Loan was Wisconsin’s first minority-owned financial
institution. The business will be investing $1.7 million to construct a new
10,050 square foot facility. The project is expected to create 10 jobs and
the total project investment is $1.9 million.
Commerce’s Brownfields Program provides grants to municipalities, local
development corporations, and the private sector to support assessment,
remediation and return of contaminated lands to productive use. Brownfields
are abandoned, idle, or underused industrial or commercial properties where
redevelopment is hindered by real or perceived contamination. For more
information about the Brownfields Program, contact Jason Scott, Commerce, at
608/261-7714
