Prosperity Indiana Receives Grant to Support Affordable Housing Through Community Multiplier Grant Program
05/13/2025
By: Lampco Federal Credit Union

INDIANAPOLIS, IN – Prosperity Indiana has been awarded a $27,500 grant through the Federal Home Loan Bank of Indianapolis’s new Community Multiplier Grant Program, with support from Lampco Federal Credit Union. This funding will further Prosperity Indiana’s mission to expand access to affordable housing across the state.
“We are thrilled to partner with Lampco Federal Credit Union to deepen our support for Indiana’s community economic development sector and those on the front lines of tackling our state’s affordable housing crisis,” said Aspen Clemons, Executive Director at Prosperity Indiana. “The Federal Home Loan Bank of Indianapolis’s Community Multiplier Grant Program is a best-in-class example of the power of collaboration for collective impact.”
The Community Multiplier Member Match Program provides matching funds to FHLBank Indianapolis member institutions to support nonprofit organizations meeting critical local housing needs. Prosperity Indiana will utilize the grant to strengthen its network and further address Indiana’s affordable housing challenges.
“Lampco is proud to support Prosperity Indiana through the Federal Home Loan Bank of Indianapolis’s Community Multiplier Grant Program,” said Migual Patterson, President and CEO of Lampco Federal Credit Union. “We are committed to supporting local nonprofits and increasing access to affordable housing throughout our footprint and across the state.”
Prosperity Indiana looks forward to working with Lampco and additional partners to turn this investment into lasting impact for Indiana communities.
About Prosperity Indiana
The Indiana Association for Community Economic Development, d/b/a Prosperity Indiana, builds a better future for communities by providing advocacy, leveraging resources, and engaging an empowered network of members to create inclusive opportunities that build assets and improve lives. Since its founding in 1986, Prosperity Indiana’s network has grown to nearly 200 organizations representing thousands of practitioners from the public, private, and nonprofit sectors statewide.
About Lampco Federal Credit Union
Founded in 1962, Lampco Federal Credit Union is a member-owned financial institution based in Anderson, Indiana. Lampco is dedicated to providing affordable, accessible, and personalized financial services to the communities it serves. The credit union offers a full suite of banking products, including savings, checking, loans, and mortgages, with a strong focus on member satisfaction and financial education.