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Wisconsin nonprofit Newcap closed abruptly after losing $2 million, leaving 134 households at risk of homelessness.
Newcap, a Wisconsin anti-poverty nonprofit, abruptly closed on March 31, 2026, after losing $2 million and failing to secure funding.
The shutdown left 134 households at risk of homelessness as the organization ceased providing critical housing and job services.
State lawmakers are calling for investigations into the nonprofit's financial management while federal agencies work to transfer assistance to other groups.
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La Newcap sin fines de lucro de Wisconsin cerró abruptamente después de perder 2 millones de dólares, dejando a 134 hogares en riesgo de quedarse sin hogar.