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Horizon Bank backing affordable housing

Horizon Bank's headquarters is shown in downtown Michigan City. 

Michigan City-based Horizon Bank is helping to get more Northwest Indiana residents into affordable homes.

The bank contributed $15,000 to the Northwest Indiana Reinvestment Alliance, a 29-year-old nonprofit that promotes fair housing and fair lending.

“On behalf of the Horizon Bank Charitable Grant Program, I am thrilled that this donation will be used to help fund the Affordable Housing Program that helps so many Lake County area residents,” Horizon Bank Lake County Market President Zoran Koricanac said.

The Northwest Indiana Reinvestment Alliance offers the community a number of services, including financial coaching, home ownership counseling, foreclosure modification counseling and neighborhood stabilization program counseling.

“The Alliance greatly appreciates Horizon Bank for its contribution that will support our Homeownership and Affordable Housing programs in Lake County,” Northwest Indiana Reinvestment Alliance Executive Director Jean Ishmon said.

Other backers of the Northwest Indiana Reinvestment Alliance include Centier Bank, Chase Bank, BMO Harris Bank, First Savings Bank of Hegewisch, PNC Bank, Peoples Bank, Fifth Third Bank, First Midwest Bank, First Merchants Bank and First Financial Bank.

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Business Reporter

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.