March 24, 2025
Lōkahi Federal Credit Union and FHLB Des Moines Partner to Support Affordable Housing with $7,500 Grant to Hawaii HomeOwnership Center
Pearl City, HI – Lōkahi Federal Credit Union, in collaboration with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), is proud to support homeownership opportunities in Hawaiʻi through a $7,500 grant to the Hawaii HomeOwnership Center (HHOC). This contribution, made possible through the Member Impact Fund, will help HHOC continue its mission of guiding local families toward sustainable homeownership.
“At Lōkahi FCU, we believe that financial well-being starts with access to safe and affordable housing,” said Scott Kaulukukui, President/CEO of Lōkahi FCU. “Through this partnership with FHLB Des Moines, we are reinforcing our commitment to strengthening local communities and ensuring that more families in Hawaiʻi have the resources they need to achieve homeownership.”
The Member Impact Fund, established by FHLB Des Moines, provides matching grants to nonprofit and community organizations focused on affordable housing and economic development. Since its inception in 2023, the program has delivered nearly $50 million in funding to support initiatives that empower communities across Hawaii, Utah, and Guam.
“The Member Impact Fund continues to make a meaningful difference in the ability of organizations like HHOC to serve their communities,” said Kris Williams, president and CEO of FHLB Des Moines. “We’re proud to partner with Lōkahi FCU to invest in programs that provide critical resources for families striving to become homeowners.”
HHOC offers home buyer classes & coaching to prepare individuals and families for the homeownership journey. Post-purchase support is also available to ensure homeownership sustainability. The $7,500 grant will support HHOC’s capacity-building efforts, ensuring that more Hawaiʻi residents can navigate the path to owning a home.
“This generous grant will help us expand our efforts to empower local families on their journey to homeownership,” said Reina Miyamoto, Executive Director of Hawaii HomeOwnership Center. “With the support of Lōkahi FCU and FHLB Des Moines, we can continue to provide the resources, education, and guidance necessary to make homeownership a reality for more individuals in our community.”
For more information about Lōkahi Federal Credit Union, visit www.lokahifcu.com. To learn more about the Hawaii HomeOwnership Center and its programs, visit www.hihomeownership.org.
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About Lōkahi Federal Credit Union
Lōkahi Federal Credit Union has been serving the financial needs of Hawaiʻi residents since [year]. Rooted in the spirit of unity and community, Lōkahi FCU is dedicated to providing accessible financial services and supporting initiatives that uplift local families. For more information, visit www.lokahifcu.com.
About Federal Home Loan Bank of Des Moines
The Federal Home Loan Bank of Des Moines is a member-owned cooperative that partners with more than 1,200 financial institutions across 13 states and three U.S. Pacific territories. Focused on strengthening communities, FHLB Des Moines provides funding solutions to support mortgage lending, economic development, and affordable housing. For more information, visit www.fhlbdm.com.
About Hawaii HomeOwnership Center
The Hawaii HomeOwnership Center (HHOC) is dedicated to increasing homeownership opportunities for local families by providing education, counseling, and support services. Since its establishment, HHOC has helped thousands of individuals navigate the home-buying process and achieve stable, long-term homeownership. By equipping future homeowners with the knowledge and tools they need, HHOC strengthens communities and fosters economic security. For more information, visit www.hihomeownership.org.
