INDIANAPOLIS, IN – With support from Lampco Federal Credit Union, Prosperity Indiana has been awarded a $27,500 grant through the Federal Home Loan Bank of Indianapolis's new Community Multiplier Grant Program This funding will support Prosperity Indiana’s ongoing work to expand access to affordable housing across the state.
“We are thrilled to partner with Lampco Federal Credit Union to deepen our support for Indiana’s community economic development sector and those on the front lines of tackling our state’s affordable housing crisis”, said Aspen Clemons, Executive Director at Prosperity Indiana. “The Federal Home Loan Bank of Indianapolis’s Community Multiplier Grant program is a best-in-class example of the power of collaboration for collective impact”.
The Community Multiplier Member Match program provides matching funds to Federal Home Loan Bank of Indianapolis members to support nonprofits meeting critical local housing needs. Prosperity Indiana will apply the funds to support the work of Indiana’s community economic development network to address Indiana’s affordable housing challenges.
“Lampco is proud to support Prosperity Indiana through the Federal Home Loan Bank of Indianapolis’s Community Multiplier Grant Program. We are committed to supporting our local nonprofits and increasing access to affordable housing throughout our footprint and throughout Indiana”, stated Migual Patterson, President and CEO of Lampco Federal Credit Union.
Prosperity Indiana looks forward to working with Lampco and other partners to turn this investment into lasting impact for Indiana communities.
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About Prosperity Indiana
The Indiana Association for Community Economic Development d/b/a Prosperity Indiana builds a better future for our communities by providing advocacy, leveraging resources, and engaging an empowered network of members to create inclusive opportunities that build assets and improve lives. Since its founding in 1986, Prosperity Indiana’s network has grown to nearly 200 organizations, representing thousands of practitioners statewide from the public, private, and nonprofit sectors.
About Lampco Federal Credit Union
Founded in 1962, Lampco Federal Credit Union is a member-owned financial institution based in Anderson, Indiana, dedicated to providing affordable, accessible, and
personalized financial services to the communities it serves. Lampco offers a full range of banking products, including savings, checking, loans, and mortgages, with a focus on member satisfaction and financial education.