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Ideal Contractors of Wisconsin Attends BOMA/AOMA

wheda commercial buildingDiane Polczynski, President of Ideal Contractors of Wisconsin, and George Lawrence, Director of Business Development, attended the BOMA/AOMA Program Lunch with Antonio Riley regarding Commercial Financing. The event was held Wednesday, October 13, 2010 at 11:30 a.m. at the Milwaukee Athletic Club, 758 N. Broadway Milwaukee, WI 53202. Antonio Riley, Executive Director of WHEDA, gave a presentation on WHEDA Updates and New Market Tax Credits Available for Commercial Buildings.

Antonio Riley has served as executive director of the Wisconsin Housing and Economic Development Authority (WHEDA) since he was first appointed by Governor Jim Doyle in February 2003. Under Mr. Riley and Governor Doyle’s leadership, WHEDA has focused its energies to capture the inherent relationship between housing and economic development by developing new strategies that increase jobs, making homeownership affordable, and renewing and invigorating depressed neighborhoods. A key focus has been on creating greater opportunities for minority-owned businesses.

During the economic downturn, Riley was active in lobbying Wisconsin’s congressional delegation for recovery funding that ultimately helped hundreds of stalled housing developments move forward to completion, resulting in the creation of over 2,000 jobs. Elected by his peers, Mr. Riley is currently serving his second 2-year term on the Board of Directors of the National Council of State Housing Authorities. Mr. Riley also serves on the boards of the YMCA of Milwaukee, Transcenter for Youth, the Greater Milwaukee American Red Cross, and the Center for Policy

WHEDA is an independent state authority that works with lenders to provide low-cost financing for housing and small business development in Wisconsin. The New Market Tax Credit program was originated by Congress in 2000 as a way to promote economic development in low-income communities.
The event was a great networking opportunity for Ideal Contractors of Wisconsin as well as informational. Ideal Contractors was updated on financial products and funds available as well as other handy tips for commercial refinancing and working with WHEDA.

The event was a great networking opportunity for Ideal Contractors of Wisconsin as well as informational. Ideal Contractors was updated on financial products and funds available as well as other handy tips for commercial refinancing and working with WHEDA.


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