News by "community investment programs"

Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis hires Michigan banking policy leader as government relations officer On Nov. 5, 2026, FHLBank Indianapolis hired Patricia Herndon of the Michigan Bankers Association to head the Bank's government relations function. Effective Nov. 16, Herndon, former EVP and chief policy officer for the MBA, will begin her role as Government Relations Officer (GRO). Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis Mortgage Purchase Program surpasses $50 billion in residential loan purchases In a testament to its longtime mission of providing reliable liquidity and supporting housing across Indiana and Michigan, FHLBank Indianapolis recently surpassed $50 billion in residential loan purchases through its Mortgage Purchase Program. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis announces first-quarter 2026 dividends, reports earnings On April 28, 2026, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its first-quarter 2026 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.00%, respectively. Affordable Housing Community Investments Navigating Disaster with FHLBank Indianapolis' Disaster Relief Program When disaster strikes and the systems that keep our communities up and running aren't equipped to handle present circumstances, where do you turn? Read how one community credit union rose to the occasion, stood up new processes and showed up for their community with the Disaster Relief Program. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis declares first quarter 2025 dividends, reports earnings On April 24, 2025, the Board of Directors of FHLBank Indianapolis declared its first quarter 2025 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis announces fourth quarter 2024 dividends, reports earnings On Feb. 20, 2025, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its fourth quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. Affordable Housing Member Announcements FHLBank Indianapolis allocates nearly $7 million to Rate Advantage mortgage program for low-income homebuyers In response to heavy member demand, the Board of Directors of FHLBank Indianapolis recently approved adding $2.7 million to its new Rate Advantage Program, bringing the total allocation to $6.7 million to make homeownership more affordable to hundreds of low-income residents in Indiana and Michigan. Federal Home Loan Bank Indianapolis Community Investments Elevate Spotlight: Dirt Wain, LLC of Fort Wayne, Ind. Elevate Spotlight is an ongoing series of profiles focused on recipients of our Elevate Small Business Grants. Today's installment: Dirt Wain, LLC. Affordable Housing Community Investments Affordable Housing Program bridges funding gap for historic Lansing school Historic Walter French Junior High School in Lansing gets a boost from an FHLBank Indianapolis Affordable Housing Program grant. Affordable Housing Public Announcements FHLBank Indianapolis announces $800,000 in pre-development grants for Tribal Nations Housing Development Assistance Program FHLBank Indianapolis has announced that $800,000 in pre-development affordable housing grants is now available to the 12 federally recognized tribal nations located in Michigan through the Tribal Nations Housing Development Assistance Program (TNHDAP). Federal Home Loan Bank Indianapolis Community Investments Elevate Spotlight: Accutrak Consulting and Accounting Services of St. Clair Shores, Mich. Elevate Spotlight is an ongoing series of profiles focused on recipients of our Elevate Small Business Grants. Today's installment: Accutrak Consulting and Accounting Services Federal Home Loan Bank Indianapolis Community Investments Elevate Spotlight: Owl Creek Construction of Evansville, Ind. Elevate Spotlight is an ongoing series of profiles focused on recipients of our Elevate Small Business Grants. Watch this space and our social media for future occasional installments. First up: Owl Creek Construction in Evansville, Ind., a company specializing in small concrete projects.