Sargento Contributes Capital to Sheboygan County Housing Fund
What happened
Sargento contributed $2 million to Sheboygan County’s Forward Fund, a public-private partnership aimed at increasing affordable housing supply. This funding supported the groundbreaking of Scholar’s Ridge, a new residential project in Plymouth that will include 102 single-family homes. The fund was established with $2 million contributions from four founding partners, including Johnsonville, Kohler Co., Masters Gallery Foods, and Sargento.
From whbl.com
Why it matters
The investment expands opportunities for attainable homeownership in Sheboygan County and supports the regional workforce. The project received additional funding from Sheboygan County’s American Rescue Plan Act commitment, the City of Plymouth, and a $3.4 million contribution from the Wisconsin Housing and Economic Development Authority.
From whbl.com
Who's involved
- Sheboygan CountyCounty managing the Forward Fund and supporting local housing expansion efforts.
- SargentoFood producing company that contributed $2 million to the housing fund.
- Tony EversGovernor who provided political support for the county’s housing expansion.
- PlymouthCity where the new residential development, Scholar’s Ridge, is located.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- PlymouthSpeculative
Plymouth might see increased demand or revenue from the new residential development.
- WisconsinSpeculative
Wisconsin might see increased housing supply due to the public-private partnership funding.
Keep exploring
The entities involved
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Sheboygan County
county in Wisconsin, United States
Nothing else this week.
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Sargento
food producing company
Nothing else this week.
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Tony Evers
Governor of Wisconsin since 2019