Wisconsin Department of Commerce Newsletter
December 2006
State Shelter Subsidy Grant 2006 Provides Help for Homeless Throughout the State

The Bureau of Supportive Housing (BSH) recently awarded $1,400,000 to 32 homeless provider agencies. The 32 awards incorporate the efforts of 42 agencies. Agencies in the Milwaukee area were funded for the $400,000 as required by statute. The rest of the awards were made on a formula based on the number of shelter nights provided by the respective areas; Madison receives 23 percent or $235,882 and Balance of State grantees receive 53 percent or $764,118.

The State Shelter Subsidy Grant Program provides funds for operations to non-profit agencies that serve homeless population. The provider organizations collaborative working relationship within the local community ensures that these funds will leverage significant local match as well as provide emergency shelter and services for an estimated total of 414,683 shelter nights.

The award consists of $1,131,000 in State Shelter Subsidy grant funds with an additional $269,000 provided from the Interest Bearing Real Estate Trust Account (IBRETA) program. The IBRETA program provides funding for existing homeless programs through the interest earned on real estate trust accounts. Approximately $300,000 is received annually and can be added to enhance the funds provided to homeless shelters and service providers.

-- Judy Wilcox

The newsletter is issued electronically every other month.

Please send comments or questions to Barbro McGinn, editor.

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