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We are excited to announce that we have been awarded the FHLBI grant in the amount of $700,000 to begin the renovation on our new Hope House location. For the second round of AHP awards for 2009, the FHLBI has awarded over $7.7 million in grants to support 16 housing initiatives. These projects will create 494 units of affordable housing for very low- and low-income individuals and families. Alphabetical award list: http://www.fhlbi.com/housing/documents/2009BAwardList.pdf The Federal Home Loan Bank of Indianapolis (FHLBI) is one of 12 regional banks that make up the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. The FHLBI is owned by its financial institution members, which include commercial banks, credit unions, insurance companies, and savings banks headquartered in Indiana and Michigan. To hear testimonies from Girls from Hope House Click here! To make a secure donation to the Builders of Hope Capital Campaign, use the donate link below.
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