Federal Home Loan Bank of Des Moines (FHLB Des Moines) recently re-appointed Brent Ekstrom, executive director, Lewis & Clark Development Group, to its Affordable Housing Advisory Council (Advisory Council) representing the state of North Dakota. Ekstrom began his three-year term on January 1, 2024.
“I am happy to announce the re-appointment of Brent to the Advisory Council. He brings a wealth of experience and expertise,” said Jennifer Ernst, Community Investment Director.
“For the past three years, his insight enriched Advisory Council discussions and the advice provided to the Board of Directors about ways FHLB Des Moines can support the affordable housing and community development needs in its district. I look forward to working with him throughout the next three years.”
Since 2001, Ekstrom has worked for Lewis & Clark Development Group where he has served as executive director since 2014. The Lewis and Clark Development Group is a collaboration of three separate nonprofit organizations, joined to provide programs and loans to support businesses, local governments and individuals in expanding affordable housing opportunities and advancing economic development across North Dakota.
In addition, Ekstrom serves on several boards and committees, including the National NeighborWorks Association Board, Midwest Minnesota Community Development Corporation New Markets Tax Credit Advisory Board and the Native American Development Center loan committee.
Ekstrom has a Bachelor of Science in Accounting from Minot State University and a Master of Business Administration from the University of North Dakota.
For more information about FHLB Des Moines Advisory Council, please visit FHLB Des Moines’ website.
The Federal Home Loan Bank of Des Moines is a member-owned cooperative that provides funding solutions and liquidity to nearly 1,200 financial institutions to support mortgage lending, economic development, and affordable housing in their communities.
Serving 13 states and three U.S. Pacific territories, FHLB Des Moines is one of 11 regional banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts, and community development financial institutions. The Des Moines Bank is wholly owned by its members and receives no taxpayer funding.