Community First Bank of Indiana recently participated in the Federal Home Loan Bank of Indianapolis’ (FHLBank Indianapolis) Community Multiplier – Member Match Program, resulting in $220,000 in funding for eight nonprofit organizations across Hamilton, Howard, and Marion Counties.
Through this initiative, Community First Bank contributed $20,000 in matching donations, while FHLBank Indianapolis provided $200,000 in grant support. These funds are now supporting critical affordable housing and community development efforts led by:
- Bridges Outreach
- Community Action of Greater Indianapolis
- Family Promise of Hamilton County
- Family Service Association of Howard County
- Habitat for Humanity of the Kokomo Community
- Kokomo Rescue Mission
- Prevail, Inc.
- Turning Point System of Care
Each of these organizations makes a profound difference. Family Promise of Hamilton County shared, “So far in 2025, we have received 160 crisis calls. We continue to work every day to empower families in making their transition from housing insecurity to sustainable independence. We couldn't do this work without support from our community and grant opportunities like the Community Multiplier Grant. Thank you for your faith in our mission and vision.”
The Community Multiplier program is designed to support targeted affordable housing initiatives that fall outside of FHLBank Indianapolis’ other grant programs. With grants ranging from $25,000 to $125,000, the program enables nonprofits in Indiana and Michigan to partner with member financial institutions to address urgent community needs.
Community First Bank selected this initiative in alignment with its 2025 Giving Priorities, which were shaped by community input. These priorities include:
- Affordable Housing
- Diversity, Inclusion, and Belonging
- Mental Health Services
- Transportation
- Youth Engagement/Mentorship
- Childcare Solutions
- Education and Training Opportunities
- Social Services
“Supporting the Community Multiplier program allows us to amplify the work of local nonprofits who are tackling housing insecurity and building stronger, more resilient communities; exactly the kind of impact our giving priorities are meant to support,” said, Robb Blume, CEO of Community First Bank.
Community First Bank expressed its commitment to standing alongside these organizations and FHLBank Indianapolis in building a future where every Hoosier has a safe place to call home. More information about the supported nonprofits can be found at https://CFBindiana.com/community-multiplier.