(Atlantic) Rolling Hills Bank & Trust has donated $500,000 to Vision Atlantic’s transformative project, which will bring a housing development, a new childcare center, and a YMCA expansion to Atlantic.
“Rolling Hills Bank & Trust is very proud to be a supporter of the Vision Atlantic project. Rolling Hills Bank has a long history of giving back to the communities we serve. We have 12 banking locations located in Iowa, Minnesota, and Wyoming. We are proud to support this project, which will benefit the Atlantic community in many ways,” Keith Honke, President of Rolling Hills Bank & Trust, stated.
Through extensive research and surveying of the community and surrounding region, Vision Atlantic identified three areas that will help increase Atlantic’s population: expanded childcare, housing, and quality of life amenities. Construction of the 144 mixed-unit housing development, 300-capacity child development center, and expansion of the current YMCA facility is slated to begin in late spring of 2025. Infrastructure work for the housing development and child development center is currently underway.
With substantial monetary support from the Charles E. Lakin Foundation and local donors, $18.8 million has been raised in the past 12 months, 62% of a $30 million goal. In addition to the Lakin Foundation’s $8.6 million grant, Vision Atlantic has also received an additional $23 million from the Foundation, which will act as a line of credit and help Vision Atlantic construct homes in the Camblin Hills Housing Development. As the dollars are paid back each year, the Foundation will donate 5% of the interest paid back to Vision Atlantic, which will be used to help operate the child development center. The $23 million is not part of Vision Atlantic’s $30 million fundraising goal.
Vision Atlantic’s Project Committee is actively working to secure the remaining $11.5 million needed to meet the fundraising goal. If you are interested in helping transform Atlantic through monetary donations or acts of volunteerism, please contact Vision Atlantic at visionatlanticiowa@gmail.com.
Follow Vision Atlantic on Facebook for behind-the-scenes access to project updates, or visit www.visionatlantic.org.
Vision Atlantic is a 501(c)(3) non-profit whose mission is to empower growth, enhance lives, and build a thriving community together through the economic development of Atlantic, Iowa.
(Pictured are Vision Atlantic Board of Directors Christina Bateman, Nick Hunt, Debbie Waterbury, Melissa Ihnen, Rolling Hills Bank & Trust President Keith Honke, and Atlantic branch employees.)
