Sitka Legacy Foundation is proud to announce that we have received a $8,750 grant from First Bank and the Federal Home Loan Bank of Des Moines Member Impact Fund. This award will be incorporated into SLF’s grant cycle, which is open from August 24 through September 21, with these funds specifically prioritizing programs and activities that benefit low- and moderate-income households. It will complement additional funding available through the Foundation to support a broad range of community needs.
This matching grant program is part of a program that will result in FHLB of Des Moines awarding over $12.9 million in funding to support affordable housing and community development in Alaska, South Dakota, Guam and the Commonwealth of the Northern Mariana Islands.
More information about the SLF grant cycle, eligibility, and application guidelines is available at sitkalegacy.org/grants.
FHLB Des Moines provides funding solutions to more than 1,200 members to support mortgage lending, economic development and affordable housing in the communities they serve. The Member Impact Fund provides FHLB Des Moines members matching grant donations to strengthen the ability of not-for-profits or government entities to support the needs of their communities.
Recipient organizations were selected based on the needs for grant funding to support capacity-building or working capital necessary to strengthen their ability to serve affordable housing or community development needs including job training, affordable housing, financial literacy, food banks and youth programs.
Since its launch in 2023, the Member Impact Fund has provided more than $83 million in grants from FHLB Des Moines, generating over $113 million in combined support for affordable housing and community development. Notably, every eligible application submitted to the program has received funding—reflecting the organization’s strong commitment to partnership and impact.
Through partnerships like this, Sitka Legacy Foundation continues its commitment to strengthening the community by investing in local solutions and expanding opportunities for all.