Dow Credit Union and Local Habitat for Humanity Chapters Secure Nearly $195K in Home Repair Grants for Midland and Saginaw County Homeowners in Need

Midland and Saginaw, Michigan – Dow Credit Union, Midland County Habitat for Humanity, and Saginaw-Shiawassee Habitat for Humanity have secured nearly $195,000 in critical home repair funding on behalf of 15 homeowners across Midland and Saginaw counties.

The grant funds were awarded through the Federal Home Loan Bank of Indianapolis (FHLBI) Revive Home Repair Program, formerly known as the Neighborhood Impact Program. Each grant offers up to $15,000 per household to support 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 Michael Goad, CEO of Dow Credit Union. “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.”

About Saginaw-Shiawassee Habitat for Humanity

Saginaw-Shiawassee Habitat for Humanity is part of a global, nonprofit housing organization founded on Christian principles that seeks to put God’s love into action by building homes, communities and hope. Saginaw-Shiawassee Habitat for Humanity is dedicated to eliminating substandard housing locally and worldwide through constructing, rehabilitating, repairing and preserving homes; by advocating for fair and just housing policies and by providing training and access to resources to help families improve their shelter conditions. Habitat for Humanity was founded on the conviction that everyone should have a simple, decent place to live in dignity and safety, and that decent shelter in decent communities should be a matter of conscience and action for all. To learn more, visit sshfh.org.

About Midland Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976 as a grassroots effort on a community farm in southern Georgia. The Christian housing organization has since grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Midland County Habitat for Humanity was established in 1988 and build their first single family home in 1989. Families and individuals in need of a hand partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit midlandhabitat.org.

About Dow Credit Union

Dow Credit Union is a not-for-profit financial institution owned by its members and dedicated to being a multiplier for good. Headquartered in Midland, Michigan, and serving members nationwide, the credit union has $2.5 billion in assets and over 83,000 members across all 50 states and in 40 countries. Recognized as one of America’s Best Regional Banks and Credit Unions for 2025 by Newsweek and multiple times by America’s Credit Unions for top performance in saving members money, Dow Credit Union is celebrated for its exceptional member value, community impact, and industry-leading rates. Its longstanding reputation for excellence has also been acknowledged by Investopedia and Business Insider for offering some of the nation’s most competitive CD rates. Dow Credit Union members enjoy lower rates on loans, higher rates on deposits, and convenient anywhere banking backed by advanced security and protection, safeguarding our members’ data and privacy. Dow Credit Union is insured by the NCUA and an Equal Housing Opportunity lender. For more information, visit dowcreditunion.org.