Central Savings Bank Awards $125,000 Grant to Chippewa County Family Project

SAULT STE MARIE, MI – Central Savings Bank a member of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), awarded the Chippewa County Family Project $125,000 in grant funds through the Community Multiplier – Member Match Program.

The $125,000 grant will support CCFP’s work in on-site housing supportive services and affordable career industry development. The housing supportive services offered are case management, job training, employment support, and access to health care services. Case management services are available for up to 16 hours per day by trained on-site staff. All staff and residents have access to contractual services related to job training and employment support both in-person and online. Staff create individual treatment plans with each resident to ensure success in the designated areas. The affordable housing career industry program allows residents to be evaluated by clinical assessment tools that create a starting point toward the more appropriate employment paths. Residents will then establish a plan to gather the required personal information, education, and/or training toward this path

“We are excited to support the Chippewa County Family Project in their mission. It was an honor to sponsor them for this grant, and we’re grateful to the Federal Home Loan Bank for their consideration and ultimate approval. Central Savings Bank member match of $12,500—representing 10% of the total funding—helped secure the full grant amount and bring total funds to the project of $137,500. These funds will ensure the continued operation of the project.” Erin Albrecht, Senior Vice President at Central Savings Bank.

“This grant is a game-changer for our project, and we are incredibly excited to move forward. We have made so many changes over the last year to ensure we make the connections with services and identify the barriers in our area. With this award, we will be able to make a real difference within our community.” Tara Tremblay, Chief Administration of the Chippewa County Family Project.

The Community Multiplier – Member Match program is FHLBank Indianapolis’ newest program offering, designed to support targeted affordable housing initiatives that fall outside of FHLBank Indianapolis’ other grant programs. Community Multiplier offers grants between $25,000 and $125,000 for non-profit organizations headquartered in Indiana or Michigan who partner with an FHLBank Indianapolis member financial institution on targeted affordable housing initiatives. With a 10% matching funds commitment from the member financial institution, FHLBank Indianapolis is providing grants between $25,000 and $125,000. The program opened March 27, 2025, with a $5 million allocation and is available until October 1, 2025, or until funds are exhausted.