The Wisconsin Bankers Association provided a $10,000 grant to Bay Bank of Green Bay as one of six projects in Wisconsin that support housing and housing literacy, economic development/community investment, and financial or cyber literacy in Wisconsin.
“Affordable housing and financial literacy are acute needs for individuals and families in our state and are essential for economic stability,” said Rose Oswald Poels, WBA president and CEO.
Bay Bank is a stakeholder of a new effort, the Wisconsin Native Homeownership Coalition, which consists of different professionals from Wisconsin’s tribal communities that are engaged in housing related activities. The coalition brings together Bay Bank, two Native CDFI lenders, tribal housing authority executives, and an affordable housing developer to develop tools, resources, and practices that will increase the number of housing units for Native Americans. WHEDA’s tribal liaison is also participating in the Coalition efforts.
The grant funds will be used towards the cost of developing a written strategic plan for the Wisconsin Native Homeowners Coalition.
Bay Bank is wholly-owned by the Oneida Nation and has assets of more than $100 million.
