TIGARD, Ore.–Unitus Community Credit Union, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), said Community Vision and DevNW will each receive a $10,000 grant from Unitus and the FHLB Des Moines Member Impact Fund.
The matching grant program provides $3 for every $1 of Unitus’ grant donation to make a larger impact in the affordable housing needs of our communities.
The grants awarded by FHLB Des Moines added $7,500 to Unitus’ donations to both Community Vision and DevNW. Community Vision is a non-profit that provides housing services and critical access to affordable housing for people with disabilities. DevNW advances neighborhood wellbeing and accessible homeownership for all members of the communities it serves.
“We are grateful to partner with FHLB Des Moines to strengthen our donations to these critical non- profits that are making a positive impact in affordable housing,” said Aimee Berg, community development manager at Unitus Community Credit Union. “Through our partnership with Community Vision and DevNW, we are working toward finding solutions to the affordable housing crisis.”
FHLB Des Moines awarded matching grants based on each organization’s needs to support the capacity-building or working capital necessary to strengthen their ability to serve affordable housing or community development needs, including training, pre-development assistance, management information systems or software, strategic planning, and market studies or community needs assessments.
The Member Impact Fund was introduced in 2023, providing $20 million in matching funds to eligible organizations. In 2024, FHLB Des Moines increased the Member Impact Fund by $10 million.
“These matching funds tripled our impact, which will help advance the work being done in our community,” said Steven Stapp, President and CEO of Unitus Community Credit Union. “We are grateful to FHLB Des Moines for the 3-to-1 match of our donations to Community Vision and DevNW as they work to address affordable housing and community development initiatives.”