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Family Housing Fund Names Sunrise Banks President Nichol Beckstrand to Board

April 26, 2017

At their most recent board meeting, the Family Housing Fund recently elected new leadership as well as new members to their board of directors. Among the new members of the board is Sunrise Banks’ Holding Company and Bank President, Nichol Beckstrand.

Family Housing Fund states that the elections and appointments embody the strong public-private partnerships that are necessary to meet the Family Housing Fund’s vision that all families will have a home they can afford and a place from which they can prosper and contribute to the larger community.

“Working with the Family Housing Fund is a perfect opportunity for Sunrise to increase their impact on bringing safe stable housing to low-income families in the Twin Cities,” states Beckstrand, “I look forward to building on the Family Housing Fund’s history.”

Jennifer Anderson, Senior Vice President and CFO at Community Reinvestment Fund and Gail Dorfman, Executive Director of St. Stephen’s Human Services join Beckstrand as new members on the board.


About Sunrise Banks: Sunrise Banks, N.A., based in St. Paul, Minnesota, seeks to radically change the way urban communities and people thrive by empowering them to achieve financial wellness. Sunrise is certified by the U.S. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking on Values, a public benefit corporation and is a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact. Visit Sunrise Banks at SunriseBanks.com, on Twitter @SunriseBanks, or on Facebook. Member FDIC.


The Family Housing Fund has a 35 year legacy of helping communities meet their affordable housing needs in a complex and constantly changing market. The FHFund looks upstream and identifies the issues that prevent the system from meeting the need for affordable housing. It pilots and leads interventions in the housing market that produce and preserve affordable housing and make homes easier to access. Then, the FHFund seeks ways to embed the successful strategies in the affordable housing system. The FHFund has been an essential participant in the region’s efforts to help every family in the Minneapolis-St. Paul region has a home they can afford and a place from which they can prosper.


 

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Becca Hoeft

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