Newcap Inc.

Newcap Inc., a tax-exempt nonprofit community development corporation based in Oconto, Wisconsin, operates as a federal grant recipient delivering housing stability, homelessness prevention, and rural economic development services to HUD, USDA, and state-administered federal programs. The organization functions primarily as a prime grant recipient (43% of awards) and sub-recipient under state grantees (57% of awards), with no federal contract footprint and no participation in IDIQs, GWACs, or other federal contract vehicles.

HUD's Continuum of Care Program (CFDA 14.267) dominates Newcap's federal portfolio, accounting for 35 awards across recent years with a combined obligated value exceeding $5 million. Representative prime grants include a $1,003,436 CoC award (January 2025–December 2025) for permanent and transitional housing, rapid rehousing, and supportive services; a $952,079 CoC award (January 2024–December 2024) supporting homelessness prevention and case management; and a $283,000 CoC award (January 2025–December 2025) for housing and services delivery. Newcap also holds direct HUD grants for lead-based paint hazard reduction (May 2025–November 2028) and youth homelessness demonstration programs (October 2022–December 2024). Beyond HUD, Newcap received a $337,001 Rural Business Development Grant from USDA Rural Business Cooperative Services (July 2023–July 2025) to support small business development and employment in rural Wisconsin communities. The organization also holds USDA Rural Utilities Service and Rural Micro Assistance grants addressing water system infrastructure and rural lending capacity.

Newcap's sub-recipient work flows through Wisconsin state agencies. The State Department of Children and Families routes Community Services Block Grant funds through Newcap, which has received multiple sub-awards for CSBG contracts since 2022. The State Department of Health Services passes through sub-awards for programs including asthma care, lead-safe home initiatives (CHIP HIS), teen pregnancy prevention, suicide prevention, PATH (Projects for Assistance in Transition from Homelessness), and emergency bridge funding. The State Department of Administration administers Low-Income Home Energy Assistance Program (LIHEAP) and pandemic aid funding through Newcap. These sub-awards reflect deep integration into Wisconsin's safety-net and rural development ecosystem, with 55 total sub-recipient awards across the source data.

Activity has accelerated markedly — 10 awards in 2022, 11 in 2023, then 28 in 2024 and 22 in 2025 — reflecting expansion of both HUD CoC awards and state-routed sub-awards. The recompete cliff over the next twenty-four months shows only two awards with ultimate completion dates in that window, indicating a pipeline largely beyond near-term renewal pressure. The top five funding entities (HUD Assistant Secretary for Community Planning and Development, HUD Administration for Children and Families, HUD Centers for Medicare and Medicaid Services, Department of Energy, and USDA Rural Business Cooperative Services) account for 64% of awards by count. Newcap's $29.2 million in combined obligated dollars across 97 awards reflects a regional nonprofit model focused on housing, homelessness services, and rural economic development in Wisconsin, with no military or defense-oriented contracting and no pursuit of federal contract vehicles.