The Sconi

The Economic Development Administration (EDA) issued four grants worth $3,967,269 in 2020 to fund economic development projects through opportunity zones in Wisconsin.

According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.

The the Milwaukee Economic Development Corporation received the largest EDA grant for funding an economic development project in the state.

Grantee Name	Total EDA Project Funding	Grant Award Date
Milwaukee Economic Development Corporation	$1,500,000	July 30
Prairie du Chien	$1,429,075	Oct. 23
Bad River Band of Lake Superior Tribe of Chippewa Indians	$709,222	Feb. 19
Southwestern Wisconsin Regional Planning Commission	$328,972	Oct. 23