FHLBank Indianapolis opens Disaster Relief Program in response to spring storms in Indiana, Michigan

last updated on Thursday, August 1, 2024 in Federal Home Loan Bank Indianapolis

In response to recent emergency declarations in Indiana and Michigan, FHLBank Indianapolis will open its Disaster Relief Program to residents in affected counties across the two states. The program assists with recovery efforts related to separate severe weather events on March 14 and April 2 in Southern and Central Indiana, as well as a series of tornadoes that ripped through several counties in southwestern Michigan on May 7.

Homeowners in Delaware, Jefferson, Posey and Randolph counties in Indiana and Branch, Cass, Kalamazoo and St. Joseph counties in Michigan may be eligible for grants of up to $15,000 per household to assist with the costs of necessary repairs and rehabilitation incurred by damage from the recent storms.

"Severe weather events, like the tornadoes and storms we've seen across our district this year, can devastate communities without notice," said MaryBeth Wott (right), SVP Community Investment and Strategic Planning Officer. "As an organization with a mission to provide affordable housing and community economic development solutions throughout Indiana and Michigan, the Bank is proud to offer tools like the Disaster Relief Program to assist our members and their communities with the recovery process."

Click here to read the Bank's news release.

Story by Katherine Marshall, Corporate Communications Specialist. For more information, contact the Corporate Communications department at [email protected].