Rivermark Donates $3 Million to Rebuilding Together PNW for No-Cost Repairs to Low-Income Homeowners

Posted by Alyse Knudsen on March 18, 2025

The Rivermark Community Fund has directed a grant of $3 million through the support of the Federal Home Loan Bank of Des Moines (FHLB) to Rebuilding Together PNW, a non-profit organization in Portland, Ore., that works to improve the lives of low-income homeowners in the community by providing free home repairs and modifications.

Rebuilding Together PNW focuses on enhancing safety, accessibility, and comfort, allowing individuals and families to live in healthier, more stable environments. This targeted donation will provide new roofs for 86 homes, along with numerous HVAC replacements over the next three years, at no cost to homeowners.

“This grant to Rebuilding Together PNW is an investment in the entire community,” said Seth Schaefer, Rivermark Community Credit Union‘s Executive Vice President and Chief Impact Officer. “By supporting their work, Rivermark is doing our part to create safer, more accessible homes for families who need it most. It not only improves the individual lives of 86 local homeowners but also strengthens the collective foundation of our neighborhoods.”

“I, along with the many others who made Rebuilding Together PNW what it is today, am humbled to be the recipient of this phenomenal award,” said Stephanie Luyties, Executive Director at Rebuilding Together PNW. “We thank Rivermark Community Credit Union and the Federal Home Loan Bank of Des Moines for their generosity. We can now turn what were once growth opportunities into realities. With this grant, we can begin working on addressing critical unmet needs in our area. “

Posted in Community Impact, Oregon, Regional Member News, Top Headlines.