U.S. Bank to contribute $16 million in Milwaukee foreclosure aid

August 12, 2011

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U.S. Bank has announced it will commit more than $16 million to help with the revitalization of Milwaukee neighborhoods hard-hit by the foreclosure crisis.

In doing so, U.S. Bank becomes the fourth bank to pledge resources to improve and stabilize housing and homeownership efforts in the city.

The other three banks — Bank of America, Deutsche Bank and Wells Fargo — have agreed to pledge a total of $15.2 million to the Milwaukee Rising initiative started by the community organization Common Ground.

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Source: JSOnline.com

Companies Mentioned:

Bank of America

U.S. Bank

Wells Fargo

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