NW Plus Credit Union Donates $20,000 to Housing Hope for Affordable Housing and Services
Posted by Alyse Knudsen on December 18, 2024
NW Plus Credit Union, based in Everett, Wash., announced an end-of-the-year donation of $20,000, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), to Housing Hope, a nonprofit organization that provides affordable housing and tailored services to reduce homelessness and poverty to residents of Snohomish County and Camano Island.
NW Plus received $15,000 in a 3:1 matching funds grant from the FHLB Des Moines Member Impact Fund to bolster its annual $5,000 donation to Housing Hope. As part of its commitment to its local communities, NW Plus Credit Union has supported Housing Hope since 2013.
“Housing Hope strives to meet the housing needs of those in our shared neighborhoods and NW Plus has supported this grassroots nonprofit for well over 20 years,” said Torrie Ramos, CEO, NW Plus Credit Union. “We have witnessed first-hand their efforts to address the housing insecurities in our communities. The people at Housing Hope are changing lives just as NW Plus hopes to change lives. We have mutual aspirations and, like NW Plus, they have made great strides in achieving success, but there is always more to do.”
NW Plus Credit Union’s CEO Torrie Ramos and CFO Brian Walker joined Housing Hope’s CEO Donna Moulton and Senior Director of Resource Development, Marketing and Communications Joan Penney for a check presentation on Nov. 26 for the funds that will be used for general operations.
“Operations dollars are critical in making affordable housing sustainable in our community,” said Penney. “It is a wonderful partner we have in NWCU that they have supported us for many years in serving our community members in need.”
The 2024 FHLB Member Impact Fund is a matching grant program that provides additional funding to strengthen communities in targeted areas. The program encourages partnerships between eligible organizations and member financial institutions to support affordable housing or community development. The FHLB Des Moines Member Impact Fund awarded nearly $9 Million in matching funds in 2024.
Posted in Community Impact, Regional Member News, Washington.