An anti-poverty nonprofit in northeast Wisconsin abruptly shut down Tuesday due to major financial troubles, putting more than 100 households at risk of becoming homeless.
Newcap, which served low-income residents in 10 counties for more than 50 years, announced the closure on Tuesday. The nonprofit, funded primarily through state and federal grants, previously said it planned to close “sometime this year” but didn’t specify when.
The agency served more than 25,000 people in 2022, according to an annual report. Its programs ranged from employment and job training to educational support, financial coaching, health and food assistance, housing services, home repair and case management…