Horizon Bank Secures $1 Million Affordable Housing Grant for The City Rescue Mission of Lansing
Michigan City, Indiana – Horizon Bank is proud to announce its instrumental role in securing $1 million in Affordable Housing Program (AHP) grant funding for The City Rescue Mission of Lansing, Michigan. This achievement is part of the Federal Home Loan Bank of Indianapolis’ (FHLBank Indianapolis) record $34.6 million in AHP grants awarded across Indiana and Michigan this year.
The $1 million grant will directly support The City Rescue Mission’s efforts to provide safe, stable housing and vital resources to families and individuals in need. This funding reinforces Horizon Bank’s ongoing commitment to improving the lives of Michigan families and creating sustainable communities.
The Federal Home Loan Bank of Indianapolis’ Affordable Housing Program is a cornerstone of regional community development, providing critical financial support to address housing insecurity. Horizon Bank is honored to partner with FHLBank Indianapolis and local organizations like The City Rescue Mission to deliver impactful solutions that make a lasting difference.
About Federal Home Loan Bank of Indianapolis
FHLBank Indianapolis is privately capitalized and owned by our member banks, credit unions, community development financial institutions (CDFIs) and insurers across Indiana and Michigan. As a cooperative, they pass their borrowing benefits in the global debt markets on to their members in the form of lower borrowing costs, which are subsequently passed on to consumers, businesses and communities.
About Horizon Bancorp, Inc.
Horizon Bancorp, Inc. (NASDAQ GS: HBNC) is the nearly 8 billion–asset bank holding company for Horizon Bank, which serves customers across attractive Midwestern markets through convenient digital tools, as well as its Indiana and Michigan branches. Horizon's retail offerings include prime residential, indirect auto, and other secured consumer lending, as well as a range of personal banking and wealth management solutions. Horizon also provides a comprehensive array of in–market business banking and treasury management services, as well as equipment financing solutions for customers regionally and nationally, with commercial lending representing over half of total loans. More information on Horizon, headquartered in Northwest Indiana's Michigan City, is available at horizonbank.com and investor.horizonbank.com
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Contact: Amy Phares
Public Relations Manager
Phone: (219) 874-9208