Yolanda Davis, Horizon Bank Vice President and Community Reinvestment Act Officer, with the Community Spirit Award at the Indiana Housing Conference on September 27, 2018.
Davis was nominated for the Community Spirit Award by her colleagues at Horizon Bank for her role in developing creative loan programs and outreach to underserved communities. Using her experience of 25 years in banking, Davis educates her coworkers and the community on how to best obtain and then use funding to make her clients housing dreams into a reality. Davis has helped many borrowers take advantage of the FHLBank Indianapolis Homeownership Initiatives grants such as the Neighborhood Impact Program (NIP), Homeownership Opportunity Program (HOP), and Accessibility Modification Program (AMP).
In addition to her work with FHLBank Indianapolis programs, Davis has created new programs through Horizon Bank to assist potential homebuyers. One of the programs she created, called Home Pride, enables homeowners with lower credit scores to purchase homes with a fixed interest rate, low downpayment, and without mortgage insurance. This program, paired with other downpayment assistance programs, allows her customers to have more buying power.