Children's Museum of Rock County Banner
  • Impact Stories
  • 2 Min Read

Bringing Play and Learning to Life in Downtown Janesville

Published on Aug 11, 2026

Impact Seven, a Wisconsin-based CDFI, is partnering with FHLBank Chicago to bring the Children’s Museum of Rock County to life—a community-driven project addressing the need for dedicated spaces where children can play and learn.

In 2025, Impact Seven secured an $8 million loan through FHLBank Chicago’s Community First Fund (CFF). Loans through the CFF support Impact Seven’s ability to fund various community development projects. In 2025, they provided a $2 million loan to support development of this $12 million children’s museum facility in Janesville, Wis. The project repurposes a vacant former community bank building, demonstrating the power of placemaking to revitalize downtown spaces while meeting local needs.

Until now, families in Rock County had to travel far for a children’s museum experience. The new museum will change that—creating a space where kids learn by doing, families connect across generations, and creativity and confidence can grow.

“This project demonstrates how flexible financing can unlock transformative community development,” said Tad Giyan, Vice President of Business Development at Impact Seven. “The Community First Fund loan provided the capital we needed to move forward on a project that will serve generations of Rock County families. By repurposing a vacant downtown building, we’re not only creating a destination for children and families—we’re contributing to Janesville’s economic revitalization.”

Set to open in 2026, the museum will welcome families from across the region and offer children a vibrant space for learning and exploration. Through partnerships like this, FHLBank Chicago’s Community First Fund provides CDFIs with the capital they need to strengthen communities and create lasting impact.

Read more in our 2025 Impact Report.

SPREAD THE WORD