Milwaukee Economic Development Corporation

Milwaukee, WI Doing business as Milwaukee Economic Development Corp

UEI
CX2TVMJHFMA4
CAGE
78XU2
Primary NAICS
523999 Miscellaneous Financial Investment Activities
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
  • Community Development Corporation
  • Community Development Corporation Owned Firm
Entity structure
Corporate Entity (Tax Exempt)
NAICS codes registered in SAM.gov
SAM.gov registration date
Physical address
757 N Broadway #600, Milwaukee, WI 53202, USA
Website
medconline.com
Founded
1971
Employees
11-50
Estimated annual revenue
$1M-$10M
Industry
  1. Financials
  2. Diversified Financial Services
  3. Financial Services
SIC code
61 Nondepository Institutions
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Recent federal awards

Milwaukee Economic Development Corporation's 5 most recent federal contract and grant awards, newest first. Amounts are dollars obligated.
Award Agency Obligated Awarded
Purpose: to promote economic revitalization and community development through investment in and financial assistance… Grant · 241FA065793G Community Development Financial Institutions Fund $1,373,391
Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… Grant · 22ERP061376G Community Development Financial Institutions Fund $3,718,258
Cdfi rapid response program award Grant · 21RRP056634G Community Development Financial Institutions Fund $1,826,265
Medc RLF Grant · 067906183 Economic Development Administration $3,000,000
Cares act RLF Grant · 067906194 Economic Development Administration $2,882,000

About Milwaukee Economic Development Corporation

Milwaukee Economic Development Corporation (MEDC) is a non-profit, tax-exempt community development financial institution located in Milwaukee, Wisconsin, that focuses on economic development and financial services for underserved communities. Registered in SAM.gov since October 2014, MEDC is specifically certified as a Community Development Financial Institution (CDFI) that provides targeted financial assistance, lending, and technical support to low-to-moderate income areas, with a particular emphasis on regions disproportionately impacted by economic challenges such as the COVID-19 pandemic.

MEDC has received multiple federal grant awards primarily from the Department of the Treasury's Community Development Financial Institutions Fund, totaling approximately $6.9 million across several programs between 2020 and 2024. These grants include the Equitable Recovery Program ($3.7 million in April 2023), the CDFI Program Project Grant ($1.37 million in September 2024), and the Rapid Response Program ($1.83 million in June 2021). The grants consistently focus on expanding lending, investment, and technical assistance activities designed to create jobs, build businesses, and foster economic self-determination in underserved communities. Additionally, MEDC has received two Economic Development Administration grants in 2020 related to Revolving Loan Funds (RLF) and CARES Act support, further demonstrating its commitment to providing financial solutions and economic development resources to small and medium businesses in the Milwaukee region experiencing economic hardship.

Quick answers

What is Milwaukee Economic Development Corporation's UEI?

Milwaukee Economic Development Corporation's Unique Entity ID (UEI) in SAM.gov is CX2TVMJHFMA4.

What is Milwaukee Economic Development Corporation's CAGE code?

Milwaukee Economic Development Corporation's CAGE code is 78XU2.

What is Milwaukee Economic Development Corporation's primary NAICS code?

Milwaukee Economic Development Corporation's primary NAICS code is 523999 (Miscellaneous Financial Investment Activities).

Where is Milwaukee Economic Development Corporation located?

Milwaukee Economic Development Corporation's physical address in SAM.gov is 757 N Broadway #600, Milwaukee, WI 53202, USA.

Is Milwaukee Economic Development Corporation registered in SAM.gov?

Yes. Milwaukee Economic Development Corporation's SAM.gov registration is active through June 20, 2027.

What is Milwaukee Economic Development Corporation's most recent federal award?

Milwaukee Economic Development Corporation's most recent federal grant award is Purpose: to promote economic revitalization and community development through investment in and financial assistance… (241FA065793G), from Community Development Financial Institutions Fund, on September 26, 2024.

On GovTribe

See Milwaukee Economic Development Corporation's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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