The former director of the U.S. Department of Treasury’s Community Development Financial Institutions Fund will keynote the Indianapolis Neighborhood Housing Partnership's Community Breakfast. Donna Gambrell will speak at the July 30th event.

May 18, 2015

News Release

INDIANAPOLIS, Ind., (May 11, 2015) – The Indianapolis Neighborhood Housing Partnership (INHP) will host its annual Community Breakfast on Thursday, July 30, 2015 at 8:30 a.m. at the JW Marriott Downtown. Donna J. Gambrell, former director of the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund, will provide the keynote address. Gambrell is the longest-serving director and the first African American woman to serve in this role for the CDFI Fund. The event is jointly sponsored by the Lilly Endowment Inc. and State Farm.

INHP’s Community Breakfast is a celebration of Indianapolis individuals and families that have become and remain long-term, successful homeowners. The event raises awareness of housing issues facing Indianapolis residents, neighborhoods and communities. More than 500 people are expected at this year’s event, including leaders from Indianapolis area businesses, financial institutions, civic organizations, government agencies and philanthropic groups. Families who have become homeowners will share their stories, as well. Tickets are available for sale at give.inhp.org/community-breakfast.

“We are very grateful for the continued support of State Farm and the Endowment as joint event sponsors and more importantly, as long-term partners committed to helping INHP strengthen this community,” said Moira Carlstedt, president of INHP. “As a community development financial institution, we are delighted that keynote speaker Donna Gambrell will share her extensive knowledge in the national community development sector to highlight the importance of connecting issues like housing, health, education, safety and transportation to create an environment of comprehensive progress throughout a community.

The CDFI Fund, which Gambrell directed from 2007 to 2013, was created to promote economic revitalization and community development through investment in and assistance to community development financial institutions (CDFIs). Under Gambrell’s leadership, the CDFI Fund experienced significant growth by more than doubling funding for its projects. The Fund also strongly supported the CDFI industry responsible for providing capital, credit, and financial services to low-income neighborhoods. Since retiring from the CDFI fund, Gambrell continues to be a steadfast advocate for lifting up and revitalizing communities across the United States.

“INHP has consistently improved the community development landscape in Indianapolis for the past 26 years,” said David Champ, State Farm’s vice president of agency. “State Farm is inspired by INHP’s mission to expand affordable housing opportunities and strengthen neighborhoods. We are proud to continue be a part of the Community Breakfast, which highlights the need for INHP’s resources while celebrating homeownership’s impact in the lives of our residents and on the streets of our neighborhoods.”

About INHP

Established in 1988, the Indianapolis Neighborhood Housing Partnership (INHP) is the leading nonprofit homeownership resource in Marion County, Indiana dedicated to neighborhood revitalization and helping working families and individuals become and remain long-term, successful homeowners. INHP is a Community Development Financial Institution (CDFI) and partners with dozens of local, state and federal government agencies, community organizations, civic groups, banks and lending institutions and corporations to achieve its mission. The organization offers US Department of Housing and Urban Development (HUD) certified pre-purchase homeownership education and financial and mortgage advising as well as a variety of affordable mortgage, refinancing and home improvement loan options. As a trusted nonprofit, INHP has empowered thousands of homeowners to sustain their investment in their homes—ultimately helping to strengthen and encourage the growth of vibrant Indianapolis neighborhoods. For more information, visit www.inhp.org or call 317.610.HOME.

About Lilly Endowment Inc.

Lilly Endowment Inc. is an Indianapolis-based private philanthropic foundation created in 1937 by J.K. Lilly and his two sons, Eli and J.K. Jr., with gifts of stock in their pharmaceutical company. The Endowment is primarily committed to the causes of community development, education and religion and maintains a special commitment to its hometown, Indianapolis, and home state, Indiana.

About State Farm

State Farm and its affiliates are the largest provider of car insurance in the U.S. and is a leading insurer in Canada. In addition to providing auto insurance quotes, their 18,000 agents and more than 65,000 employees serve 81 million policies and accounts – more than 79 million auto, home, life and health policies in the United States and Canada, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 44 on the Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com or in Canada http://www.statefarm.ca.

Source: Indianapolis Neighborhood Housing Partnership

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