BOJH FHLB Grant

Bank of Jackson Hole (BOJH) in partnership with the Federal Home Loan Bank (FHLB) of Des Moines, received a significant grant from the FHLB Des Moines Member Impact Fund. This matching grant program, which was introduced in 2023, provided $15 million to eligible organizations in order to strengthen the communities through member banking partnerships within the FHLB Des Moines areas. BOJH submitted applications this spring supporting numerous community non-profits across the four Wyoming counties BOJH serves: Teton, Fremont, Sublette and Lincoln counties. All of BOJH’s grant applications were awarded, bringing just over $500,000 back into our communities through 33 non-profit organizations. 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 training, predevelopment assistance, management information systems or software, strategic planning, market study or community needs assessment, and working capital.

https://bankofjacksonhole.com/over-500000-to-community-non-profits/