Northwest Area Foundation Collaboration
Challenge
Indian Country is the fastest growing population in the United States. This spike has created a major demand for jobs, housing and financial institutions that can help sustain the privatesector development.
Actions
In 2016, the Bank's Board of Directors made a $5 million voluntary contribution to the Northwest Area Foundation. This contribution will be granted to Native CDFis to expand Native-led economic development. This joint initiative, which launched in November 2017, showcases opportunities for financial institutions and funders to collaborate with Native CDFis to increase capacity to meet growing capital demands.
Outcomes
Forming this collaboration helps create investments, fosters job growth and supports entrepreneurship in Native communities.
Contact
Deb Baldwin
Quote
As a female in the financial services industry, it's vitally important to me that each individual vocalize their thoughts, beliefs and perspectives. To build a relationship with one another, to trust and to engage in activities that foster inclusion on a daily basis we have to be vulnerable and willing to take that first step. The Federal Home Loan Bank of Des Moines has taken that first step. And we look forward to continuing to take our next steps as we create a diverse and inclusive community for all of our employees.