Member Impact Fund

Applications accepted Mar. 16–April 3, 2026, until 4:30 p.m. CT

Grant Funding for Montana

Up to $4 million is available through the Member Impact Fund, a matching grant program providing up to $3 for every $1 of a member’s contribution to a not-for-profit organization or government entity’s whose eligibility is confirmed by FHLB Des Moines.

Grants may be used for capacity building or working capital to advance affordable housing or community development.

Grant recipients must be located in Montana.

Key Program Details
Applications Accepted March 16 - April 3, 2026, until 4:30 p.m. CT
Minimum Member Contribution Members must contribute at least $2,500 per application
Maximum Member Contribution No more than $200,000 for all applications submitted
Awards Announced On or around April 17, 2026
 FREQUENTLY ASKED QUESTIONS


How to Apply

Applications for the Montana Member Impact Fund will be accepted March 16 - April 3, 2026. 

To submit an application, log into eAdvantage and select "Voluntary Program/Member Impact Fund".  To ensure a quick application process, we recommended reviewing our step-by-step user guide. 

Only members (not grantees) may apply for the Member Impact Fund

PROGRAM USER GUIDE          

Award Process and Member Responsibilities 

1. Awards announced on or around April 17.
2. FHLB Des Moines will deposit grant funds within 2 weeks

1 Verify you received award(s) in your Demand Deposit Account (DDA).

3.  Members must disburse the Member Impact Fund award and member's match to grantee

1 Disburse to grantee within one month of receiving the award in your DDA.

4. Let’s celebrate! A media kit is available to support your efforts

1 Members will acknowledge the FHLB Des Moines' contribution in any public promotions or announcements.

5.  FHLB Des Moines will directly notify each grantee of award verification requirement

1 Members must ensure that the grantee completes this requirement within two months of having funds deposited to the member’s DDA.

WANT TO STAY INFORMED?

FHLB Des Moines members can subscribe to our Member Impact Fund communications list by completing the form below. 

* This form is meant for members only. Award notices will be sent to all application contacts.