Dow Credit Union and Habitat for Humanity Secure Nearly $195K in Home Repair Grants for Midland and Saginaw Counties
Dow Credit Union, Midland County Habitat for Humanity and Saginaw-Shiawassee Habitat for Humanity have secured nearly $195,000 in home repair funding for 15 homeowners in Midland and Saginaw counties.
The funding came through the Federal Home Loan Bank of Indianapolis (FHLBI) Revive Home Repair Program, formerly known as the Neighborhood Impact Program. Each grant provides up to $15,000 per household for essential repairs for low- to moderate-income homeowners—helping address deteriorating conditions and ensuring homes remain safe, functional and livable. Eligible projects typically include roof replacements, deck and porch repairs, door installations and other essential home improvements.
“For over five years, Dow Credit Union has participated in this program, and the results speak volumes about how the power of collaboration multiplies good,” said Dow Credit Union CEO Michael Goad. “We’re especially proud to see the program grow — securing nearly $200,000 this year — and expanding support from just Midland County to include both Midland and Saginaw counties.”
Abbegail Stemple, Executive Director of Saginaw-Shiawassee Habitat for Humanity, shared that in their first year partnering with Dow Credit Union, they’ve already witnessed “the powerful impact that shared values and community investment can make.” She explained that with support from FHLBI, the partnership allowed them to expand their reach and serve four additional families with critical home repair projects—efforts that, she noted, “would not have been possible otherwise.”
Stemple highlighted the scope of the work, which included essential repairs such as roofs, insulation, gutters, doors, water heaters, furnaces and windows. “These improvements directly address health, safety and livability concerns,” she said, “allowing families to remain in the homes they love, in a safer and more stable environment.”
Reflecting on the broader significance, Stemple added that the collaboration has not only enabled them to serve more families, but also “strengthened our capacity to build long-term impact.” She concluded by expressing gratitude, saying, “We’re deeply grateful to Dow Credit Union for joining us in this work and helping us preserve affordable housing. One repair, and one family, at a time.”
Under the Federal Home Loan Bank Act, institutions like the FHLBI are required to help "meet the credit needs of communities in which they do business," resulting in public financial assistance programs like Revive. The FHLBI works through local member institutions, such as Dow Credit Union, to identify qualified homeowners and coordinate support within their communities.
“Dow Credit Union continues to play a vital role in helping connect qualified homeowners with these essential grants,” said Kris Brozzo, Mortgage Sales Manager of Dow Credit Union. “In every county and community, there are homeowners with tight household budgets doing their best to hold things together. It is an honor to give our time and talent to support such a wonderful cause. We’re proud to join our local Habitat chapters to be part of this life-changing program.”
For many recipients, grant funding is the difference between living in a home that’s safe and functional or one that poses daily challenges. Critical repairs like new roofs, window replacements or accessibility upgrades not only restore structural integrity but also extend the life of the home and preserve equity for families who may not otherwise have access to affordable financing.
By investing in these improvements, the program strengthens neighborhoods, improves quality of life and supports intergenerational stability.
“Through ongoing collaboration with organizations like Habitat for Humanity, the credit union is helping create stronger foundations—literally and figuratively—for the people it serves,” Goad added. “This is what it looks like to be a Multiplier for Good and make meaningful impact close to home.”
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