What information will I need to complete an application?

Required information includes at least:

- Contact information for the not-for-profit or government entity grantee
- Documentation verifying grantee’s not-for-profit or government entity status, i.e., 501(c)(3)
- Provide a signature from an authorized individual at the member’s institution. An authorized signer is one that can authorize advances from FHLB Des Moines
- Brief description of the grantee and the member’s relationship with them.

Example: ABC Bank has a strong relationship with CBS Housing as evidenced by one of our branch managers serving as treasurer on the CBS Board of Directors. CBS Housing provides a myriad of services related to affordable housing for low- and moderate-income people including homeownership counseling and coaching; down payment assistance, forgivable grants, loan originations (including conventional, VA, and Dram loans), assistance for home repairs, and new affordable housing project development.

- Describe, in detail, what the Member Impact Fund grant will be used for (capacity building or working capital) and how the grantee’s affordable housing or community development mission will be impacted. Include a list of expected outcomes in your reply.

Example: This donation would apply to capacity building, allowing CBS to increase the number of low-income home buyers they serve. A $50,000 combined Member Impact Fund award and my institution's matching funds will provide down payment assistance for up to 10 low- or moderate-income families, provide homeownership counseling to dozens of low- or moderate-income homebuyers, or provide various other services such as budgeting, home maintenance, etc.

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