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First Internet Bank Secures $125,000 Grant for Indianapolis Neighborhood Housing Partnership
First Internet Bank Secures $125,000 Grant for Indianapolis Neighborhood Housing Partnership

Business Wire

time3 days ago

  • Business
  • Business Wire

First Internet Bank Secures $125,000 Grant for Indianapolis Neighborhood Housing Partnership

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank announced today that it has assisted the Indianapolis Neighborhood Housing Partnership (INHP) in securing a $125,000 grant from the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) through its new Community Multiplier–Member Match program. 'We commend FHLBank Indianapolis for its novel approach. In addition to partnering with member banks and not-for-profits, they invest ten percent of their annual net earnings back into affordable housing and community development-related initiatives,' said Nicole Lorch, First Internet Bank President and Chief Operating Officer and INHP board member. 'We are passionate about creating pathways to affordable housing in and around the city where so many of our employees and customers reside. This grant further enables INHP to provide critical counseling services that help transform lives and enhance our neighborhoods.' The grant will support INHP's housing counseling programs that help renters and aspiring homebuyers in Marion County (Indiana) overcome barriers to homeownership. 'FHLBank Indianapolis' innovative Community Multiplier funding program and First Internet Bank's commitment to unlocking $125,000 in matching grant dollars will be instrumental toward INHP increasing affordable and sustainable housing opportunities in our community,' said Gina Miller, president and CEO at INHP. 'Through their partnership, many hardworking Indianapolis residents will be making the dream of homeownership a reality – even during a nationwide housing affordability crisis.' The Community Multiplier–Member Match program, launched on March 27, 2025, provides grants between $25,000 and $125,000 to not-for-profit organizations headquartered in Indiana or Michigan that partner with FHLBank Indianapolis member financial institutions on targeted affordable housing initiatives. The program requires a 10% matching fund commitment from the member financial institution. To learn more about First Internet Bank, please visit For more information about INHP's affordable housing solutions, please visit About First Internet Bank First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $5.8 billion as of March 31, 2025, the Bank provides consumer and small business deposits, consumer loans and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services. Additional information about the Bank, including its products and services, is available at The Bank is a wholly-owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a Member FDIC. About Indianapolis Neighborhood Housing Partnership The Indianapolis Neighborhood Housing Partnership (INHP) creates affordable housing solutions for people with low and moderate incomes, and collaborates to enhance quality of life in Indianapolis neighborhoods. INHP supports people by providing homebuyer and financial education, one-on-one homeownership advising, home purchase and home repair lending, and housing stability programming for renters participating in economic mobility initiatives. As a Community Development Financial Institution (CDFI) INHP also supports the creation or preservation of affordable housing through investments in affordable housing development, land banking, community lending and grantmaking. For more information, visit

Philadelphia federal workers rally with Congressman Boyle to condemn employee layoffs
Philadelphia federal workers rally with Congressman Boyle to condemn employee layoffs

Yahoo

time25-02-2025

  • Business
  • Yahoo

Philadelphia federal workers rally with Congressman Boyle to condemn employee layoffs

The Brief Federal employees gathered at Independence Hall Monday to condemn the Trump administration's initiative to cut federal spending with mass layoffs. Congressman Brendan F. Boyle spoke out against the job cuts and denounced the recent firings of more than 400 IRS employees in Philadelphia PHILADELPHIA - On Monday, Congressman Brendan Boyle joined federal workers in Philadelphia to call out the recent federal worker layoffs. The representative spoke out against the recent mass layoffs prompted by President Trump's ad ministration. What they're saying "Elon Musk an unelected billionaire, is ruining the lives of 10s of thousands indeed hundreds of thousands of our federal employees," said Boyle. According to Boyle, the layoffs could impact the more than 66,000 federal civilian employees in Pennsylvania. The National President of the American Federation of Government Employees is calling out President Donald Trump and Elon Musk, demanding they stop the firing and reinstate all jobs. "They told us before the election that they plan to traumatize federal workers and that is the least of it," said Everett Kelley. The union representing local park rangers says several were let go as recently as Friday. Employees also are worried if they lose anymore staff, large tourism events will be affected as the city is set to host major events like the World Cup and semiquencentennial next year. "They have to cut programs because theres only so many park rangers to give tours," said Mark Cochran, AFGE COUNCIL 270 President. For maintenance staff they are faced with wither closing buildings or working more over time." Instead of getting rid of those resources and jobs at Independence National Historical Park (INHP), during the rally, Boyle called on the Trump administration to invest in INHP. He also denounced the firing of more than 400 IRS employees in Philadelphia. "These aren't just federal jobs—they're Pennsylvania jobs," said Congressman Boyle. "Independence Hall, the birthplace of our democracy, was already understaffed, and now Trump is cutting even more jobs, hurting our economy and local businesses. And that's not all. Laying off IRS workers in the middle of tax season doesn't make government more efficient—it makes life harder for everyday Americans. Trump and his co-president Elon Musk aren't cutting waste, they're killing good-paying jobs and leaving working families to suffer the consequences." "Thanks to my good friend Representative Boyle for being here today," said AFGE Council 270 Secretary-Treasurer David Fitzpatrick. "We represent the Park Rangers and all the dedicated public servants here at Independence National Historical Park. This is not a TV show. These are real people, dedicated public servants doing the people's work for the 5 million people that visit the birthplace of America here in Philadelphia each year. We the people will not tolerate Trump and his billionaire friends arbitrarily firing our members, destroying our National Parks, the Constitution, or this union." The Source The information in this story is from Congressman Brendan F. Boyle, AFGE National President Everett Kelley and, AFGE Council 270 Secretary-Treasurer David Fitzpatrick.

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