Catholic Charities receives grant from Federal Home Loan Bank of Des Moines and Stearns Bank

July 7, 2025

Catholic Charities of the Diocese of St. Cloud receives $10,000 grant from Federal Home Loan Bank of Des Moines and Stearns Bank through the Member Impact Fund


Grant program supports affordable housing and community development

We are thrilled to announce Catholic Charities has received a $10,000 grant from Stearns Bank and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) through the Member Impact Fund. This grant is part of $20 million in funding awarded by FHLB Des Moines through a matching grant program to support affordable housing and community development in Minnesota.

 

This award will invest $10,000 into our Central Minnesota community and support our Home Stretch Homebuyer Education classes which provide essential guidance for individuals looking to navigate the homebuying process with confidence. Topics include mortgage qualification, credit and affordability, loan closing procedures, and the responsibilities of homeownership.

 

Homebuyer Education offers valuable resources to help individuals get ready for homeownership. Additionally, many lenders require Homebuyer Education to ensure first-time buyers are well-informed about the process and expectations. 

 

Attendees hear from industry experts in lending, real estate, title services, and home inspection. They also receive a certificate of completion, which may be required by certain loan programs. Participants can also take advantage of free pre-purchase advising services for personalized support. 

 

"This grant opens the door to more than just a class—it offers families and individuals the chance to build a future with confidence,” said Lois Rengel, Catholic Charities Financial & Housing Counseling Supervisor. “Through homebuying education, participants gain essential tools to navigate budgeting, credit, mortgage options, and the true cost of owning a home. It’s not just about buying a house; it's about empowering people to make informed, confident decisions that protect their dreams and create lasting stability for generations to come."

 

FHLB Des Moines provides funding solutions to more than 1,200 members to support mortgage lending, economic development and affordable housing in the communities they serve. The Member Impact Fund provides FHLB Des Moines members up to $3 for every $1 in matching grant donations to strengthen the ability of not-for-profits or government entities to support the needs of their communities.

 

“The Member Impact Fund enables our members to directly support local organizations who matter to them, creating value and a profound impact in their own communities,” said Kris Williams, president and CEO of FHLB Des Moines. “The commitment of Stearns Bank to champion organizations like Catholic Charities of the Diocese of St. Cloud inspires us all.” 

 

Recipient organizations were selected based on the needs for grant funding to support capacity-building or working capital necessary to strengthen their ability to serve affordable housing or community development needs including job training, affordable housing, financial literacy, food banks and youth programs.

 

Since its founding in 2023, the Member Impact Fund has supported affordable housing and community development with nearly $70 million in grants awarded by FHLB Des Moines. Member institutions apply and receive Member Impact Fund matching grants to be distributed to eligible organizations alongside their own grant contribution.

 

 

About Federal Home Loan Bank of Des Moines

 

The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. We work together with over 1,200 member institutions to support affordable housing, economic development and community improvement.

 

FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit www.fhlbdm.com.

 

 

Our Recent News

Catholic Charities Receives Major Donation from CentraCare Foundation to Support Senior Nutrition Programs

By Brittany Hoversten • April 28, 2026
Catholic Charities of the Diocese of St. Cloud is celebrating a meaningful boost to its Senior Nutrition efforts thanks to a generous $57,856.54 donation from the CentraCare Foundation. This contribution will support the full spectrum of Catholic Charities Senior Nutrition services — including Meals on Wheels, senior dining, and other nutrition initiatives that help older adults access healthy, reliable meals across central Minnesota. On Thursday, April 23, Catholic Charities President & CEO Aaron Fisk, Food Access Director Stacy Lund, and Senior Nutrition Manager Shannon Nolan gathered to accept the check from CentraCare Foundation. The gift represents a powerful investment in the health, independence, and dignity of seniors throughout the region. “We are grateful to the CentraCare Foundation for this generous donation. This support will have a significant and immediate impact on the older adults we serve,” said Stacy Lund, Food Access Director. “With this contribution, we can strengthen access to nutritious, consistent meals for seniors who face food insecurity. Nutritious food is a critical component of healthy aging, and your support helps us improve meal quality, expand service capacity, and maintain reliable nutrition assistance for seniors striving to remain healthy, independent, and safely in their homes.” Catholic Charities Senior Nutrition programs — including Meals on Wheels — provide nutritious meals, wellness checks, and social connection to at‑risk, homebound, ill, and vulnerable adults age 60 and older. For many seniors, especially those living alone or managing chronic health conditions, these daily visits and meal services are a lifeline. CentraCare Foundation’s mission centers on improving community health and well‑being. Their investment in Catholic Charities Senior Nutrition reflects a shared commitment to ensuring older adults have access to the nutrition and support they need to remain healthy and independent at home. This donation will help Catholic Charities continue expanding its reach, improving meal quality, and ensuring that no senior in need goes without a nutritious meal. To learn more about Catholic Charities Senior Nutrition programs or to inquire about services for yourself or a loved one, visit ccstcloud.org .

Pack the Porches 2026

By Jenna Pettit • March 27, 2026
Catholic Charities is thrilled to announce the success of our 16th Annual Pack the Porches Food and Fund Drive, held on March 27th, 2026.

Meet Nicole from Emergency Services

By Brittany Hoversten • March 5, 2026
If you ask anyone at Emergency Services, they’ll tell you the same thing: Nikki is unstoppable. Every single day, she goes above and beyond for Catholic Charities, our clients, and her team. Nikki is a proud mom of two, and her youngest recently moved out on their own. Life hasn’t always been easy—she lost her children’s father suddenly in 2006, a time she describes as chaotic and life-changing. Today, she’s in a happy relationship and loves spending time at the cabin, traveling, riding motorcycle, and making the yearly trip to Sturgis. Catholic Charities “found” Nikki in a very full-circle way. At the time, she was helping her dad with his job as a grocery vendor—the same stores that donate to Catholic Charities. difference for the community every day. At the end of each night, she lays her head down knowing she helped someone—and that’s what keeps her going. When her dad broke his elbow, Nikki stepped in to help him. Her strong work ethic caught the attention of a Catholic Charities program manager who had grown up with her dad. He saw something special in her and offered her a position. Her first assignment? Driving the Catholic Charities food truck—even though she had never driven a truck before. She remembers being terrified backing down the ramps, but her supervisor simply told her, “Keep it between the yellow lines.” She did—and that moment sparked the confidence that has fueled her ever since. Over the past 13 years, Nikki has worked in nearly every corner of Emergency Services. Nikki originally got pulled into Mardi Gras because her mom is crafty, and she’s been involved ever since. She especially loves the decorating and seeing everything come together. Last year’s event was particularly wild with so many new people, but Nikki’s natural leadership helped bring everyone together to create a fantastic experience. When asked what motivates her, Nikki doesn’t hesitate: positive thinking. “Negative thoughts will never give you a positive life,” she says. She believes positivity is contagious, and her mantra is simple: Do the best you can with what you have, take it one day at a time, and always pay it forward.