Evan Reed is FCI's New Regional Director of Southeast Wisconsin
April 10, 2020
Forward Community Investments is excited to welcome Evan Reed as our new Regional Director of Southeast Wisconsin beginning April 16, 2020. In this role, Evan will continue to build on our strong foundation and assist organizations and initiatives in Milwaukee and surrounding counties that are working to reduce social, racial and economic disparities. Mr. Reed brings a wealth of experience in community banking, CDFI, and nonprofit industries, having previously worked for Legacy Redevelopment Corp and the Greater Milwaukee Foundation.
“I am excited to join a thriving CDFI in Forward Community Investments. Their established foundation in authentically servicing Wisconsin communities with an equitable lens will be a strong continuation in my career to generate impact through economic development” states Evan.
As a Community Lender with Legacy Redevelopment Corporation, Evan managed relationships, achieved portfolio growth, and supported community organizations with technical assistance. Evan transitioned to the Greater Milwaukee Foundation as a Senior Program Officer where he successfully developed and implemented an Impact Investing program for mission-based investments. The lending program provided direct loans, loans to qualifying intermediaries and equity investments with a strategy to cultivate entrepreneurship, increase employment opportunities and support enhancing low to moderate-income communities.
“Evan is the perfect mix of talent, community outreach experience and deep knowledge of community lending and it’s positive impact. He brings all of his valuable skills to FCI at a crucial time and we are thrilled to have him join our team,” states Margaret Henningsen, Senior Community Advisor at Forward Community Investments.
Evan will focus on mission-driven initiatives working to build equitable and inclusive communities in southeast Wisconsin. He will no doubt further FCI’s success in being an investor, connector, and advisor.
To date, FCI has loaned more than $23.32 million to organizations in Southeast Wisconsin to develop community facilities, affordable housing units, healthcare/dental facilities and more. These loans resulted in over 140,641 people served and 1,532 jobs created. In addition, FCI has also closed more than $59.7 million in New Markets Tax Credit Qualified Equity Investments leveraging over $95 million in additional funding into Southeast Wisconsin Communities.
Please join us in welcoming Mr. Reed to Forward Community Investments!
About Forward Community Investments
In its capacity as a statewide community development financial institution (CDFI), FCI infuses capital into economically underserved communities and neighborhoods. To date, FCI has invested more than $170 million into Wisconsin-based affordable housing projects and community facilities across the state. These efforts have resulted in the creation of tens of thousands of jobs for Wisconsin residents. FCI also provides capacity building services and small grants to mission-driven organizations across Wisconsin to enhance their ability to achieve short-term success and long-term sustainability.