$87,500 awarded to Northwest Indiana nonprofit organizations through Purdue Federal and the FHLBank Indianapolis grant program

Purdue Federal Credit Union (Purdue Federal), in partnership with the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), has awarded a total of $87,500 to four Northwest Indiana nonprofit organizations through the Community Multiplier—Member Match Program. The grants include $60,000 in funding from FHLBank Indianapolis and an additional $27,500 in direct contributions from Purdue Federal. The initiative supports local organizations working to strengthen housing stability, expand affordable housing options, and improve the wellbeing of community members.

“At Purdue Federal, we care deeply about uplifting the communities we’re a part of, and we’re grateful for the opportunity provided by FHLBank Indianapolis to make a greater impact,” said Darrick Weeks, President and CEO of Purdue Federal. “These funds help organizations that provide life-changing support to families and individuals, and we’re honored to play a role in that.”

Recipients of this year’s grants include the following:

CoAction received a total $25,000—including $15,000 from FHLBank Indianapolis and $10,000 from Purdue Federal—to enhance services that address financial and housing stability needs of their clients.

“CoAction is grateful to Purdue Federal and FHLBank Indianapolis for recognizing that housing stability is foundational to a family’s financial future,” said Jennifer Trowbridge, CEO of CoAction. “We develop and manage housing for working families while providing the support that helps them stay housed and move toward greater financial security. This investment allows us to extend that work to more of our neighbors, and we value partners who understand the lasting impact stable housing has on families and communities.”

Fair Haven Rape Crisis Center was awarded $25,000—$15,000 from FHLBank Indianapolis and $10,000 from Purdue Federal—to support Portside Suites, which is a transitional housing program designed to provide survivors with the time, safety and support through advocacy, financial and life skills coaching, individualized housing stabilization planning, and more.

“For survivors, a safe place to live is often the first step toward healing,” said Kelly Vates, Founder and Executive Director of Fair Haven Rape Crisis Center. “Thanks to Purdue Federal and FHLBank Indianapolis, Portside Suites can continue giving survivors the time, safety and support they need to rebuild their lives on their own terms.”

The Caring Place received a total of $18,750 with $15,000 from FHLBank Indianapolis and $3,750 from Purdue Federal. Funds will support a variety of services for The Caring Place’s shelter residents and community clients.

Habitat for Humanity of Northwest Indiana was granted $18,750, including $15,000 from FHLBank Indianapolis and $3,750 from Purdue Federal. The grant money will help build affordable housing, creating a strong and stable community.

Purdue Federal is dedicated to fostering trust and lifelong partnerships through its mission of “people helping people”. We are proud to support local organizations that are working to strengthen housing stability and affordability, improving the lives of our community members. To learn more about Purdue Federal, please visit purduefed.com.

About Purdue Federal Credit Union

Purdue Federal Credit Union was founded on Purdue University’s West Lafayette campus in 1969. Purdue Federal’s membership base includes students, faculty and staff, and communities where Purdue University and its regional campuses operate. The credit union is a member-owned financial cooperative with more than 111,000 members nationwide and assets of approximately $2.1 billion. Learn more at purduefed.com.

About Federal Home Loan Bank of Indianapolis

FHLBank Indianapolis is a regional bank included in 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, with particular attention paid to providing solutions that support the housing and small business needs of members’ customers. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit www.fhlbi.com and follow the Bank on LinkedIn and X at @FHLBankIndy.