Lacasa, Inc. has been awarded a $55,000 grant through the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) Community Multiplier Member Match Program, made possible through a generous $5,000 donation from Lake City Bank. The bank’s contribution was matched 10 to 1 through the program, multiplying the impact and supporting Lacasa’s Housing Counseling services.
The Community Multiplier Member Match Program enables member financial institutions of FHLBank Indianapolis to support local nonprofit organizations by matching their donations with grant funds. The program is designed to amplify community investments in affordable housing and economic development.
“This grant will allow Lacasa to improve efficiency in the department of Financial Empowerment to cut back on the time we spend on paperwork and increase our ability to help more clients,” said Ashley Bowen, Vice President of Financial Empowerment at Lacasa. “The grant focuses on increasing the capacity for Housing Counselors to work one-on-one with individuals while offering the same high-quality counseling and education services.”
“Lake City Bank is proud to partner with Lacasa to support their home ownership counseling and education efforts,” said Austin Bair, Vice President, CRA & Lending Analytics Officer at Lake City Bank. “This grant reflects our shared commitment to strengthening affordable homeownership in our communities, and equipping individuals and families with the resources they need to achieve lasting stability.”
Lacasa’s Financial Empowerment program helps hundreds of clients annually improve their credit, reduce debt, and prepare for homeownership or other financial goals. With the support of this grant, Lacasa will streamline operations and dedicate more staff time to delivering personalized housing coaching that transforms lives.
About Lake City Bank
Lake City Bank, a $6.7 billion bank headquartered in Warsaw, Indiana, was founded in 1872 and serves Central and Northern Indiana communities with 54 branch offices and a robust digital banking platform. Lake City Bank’s community banking model prioritizes building in-market long-term customer relationships while delivering technology-forward solutions for retail and commercial clients. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN). Learn more at www.lakecitybank.com.
About Federal Home Loan Bank of Indianapolis: Building Partnerships. Serving Communities.
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 (formerly known as Twitter) at @FHLBankIndy.