October 2012
Contact:
Marcia Caton Campbell, PhD
Executive Director
Center for Resilient Cities
P: 608.255.9877; email: marcia.catoncampbell@resilientcities.org
The non-profit Center for Resilient Cities, with offices in Madison and Milwaukee and the Monona State Bank have been awarded a Federal Home Loan Bank of Chicago outstanding partnership award, one of only two issued in Wisconsin this year.
The Center for Resilient Cities received $10,000 in recognition of its 16-year partnership with Monona State Bank. Most recently, they worked together to complete the redevelopment of a vacant four-acre property into the recently-opened $7 million Resilience Research Center, on Madison’s south side. The building includes the Resilience Neighborhood Center, Badger Rock Middle School, and the Madison operations of Growing Power, an internationally known urban agriculture organization.
The 2012 Community First Partnership Award recognizes outstanding achievement in affordable housing and/or community economic development by ongoing partnerships of The Federal Home Loan Bank of Chicago member institutions and non-profit organizations that have worked together to revitalize their communities.
The Quad County Lenders Consortium, which includes Couleecap, Inc., and is located in Westby, Wisconsin, was recognized with $5,000 for its 14-year partnership with State Bank Financial.
“Both of these partnerships demonstrate ongoing commitments to revitalization,” said Sam Nicita, the Community Investment Officer for the Federal Home Loan Bank of Chicago. “Through collaboration, innovation, and planning, they have taken action and made sustainable, positive changes in their communities.”
About the Center for Resilient Cities
The Center for Resilient Cities builds robust and thriving urban communities that are healthy, just, economically viable and environmentally sound. The Center for Resilient Cities, found online at www.ResilientCities.org, has offices in Milwaukee and Madison.
About the Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago is a $66.4 billion wholesale bank serving the needs of member housing finance institutions located in Illinois and Wisconsin. Its mission is to partner with its member shareholders to provide them competitively priced funding, a reasonable return on their investment, and support for community investment activities. The U.S. Congress created the Federal Home Loan Bank System, which includes 12 Federal Home Loan Banks, in 1932 to promote housing finance, but the Banks are wholly owned by their member institutions.
