National Bank of Commerce (Wisconsin)

Financial Institutions Partner to Grant Nearly $4.5 Million to Idaho Nonprofits Supporting Affordable Housing, Community Development

Retrieved on: 
Mardi, août 15, 2023

Nearly $4.5 million has been awarded to numerous nonprofit and government agencies across Idaho to support affordable housing and community development needs.

Key Points: 
  • Nearly $4.5 million has been awarded to numerous nonprofit and government agencies across Idaho to support affordable housing and community development needs.
  • View the full release here: https://www.businesswire.com/news/home/20230815059379/en/
    This state-wide outreach is available through the Federal Home Loan Bank of Des Moines (FHLB Des Moines), who has partnered with 29 member financial institutions.
  • The Member Impact Fund (MIF) is a matching grant program designed to offer financial support for affordable housing and community development initiatives in targeted areas of the FHLB Des Moines district.
  • The fund, which totals $15 million, is a nearly $3-to-$1 match of member donations.