Closure came amid more than $2M deficit, calls from lawmakers for investigation into taxpayer funds
An anti-poverty nonprofit in northeast Wisconsin abruptly shut down Tuesday due to major financial troubles, putting more than 100 households at risk of becoming homeless.
Newcap, which served low-income residents in 10 counties for more than 50 years, announced the closure on Tuesday. The nonprofit, funded primarily through state and federal grants, previously said it planned to close “sometime this year” but didn’t specify when....
Newcap, which served low-income residents in 10 counties for more than 50 years, announced the closure on Tuesday. The nonprofit, funded primarily through state and federal grants, previously said it planned to close “sometime this year” but didn’t specify when....
Ken Notes: One more reason we need a new model to allow for actually affordable homes not subsidized homes. There are a number of nonprofits operating from grant to grant...
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- - Volume: 26 - WEEK: 14 Date: 4/1/2026 7:34:44 PM -