Federal Home Loan Bank of San Francisco

🎉Congratulations to Fresno Housing and the City of Fresno on the groundbreaking for Heritage Estates! It was a pleasure to visit the groundbreaking site in Fresno in August and see where the 33 new affordable homes will be developed. We are proud to have provided an Affordable Housing Program grant, delivered through our member Community West Bank Formerly Central Valley Community Bank. #AffordableHousing #Homeownership

Amid rising housing costs and interest rates, we're proud to help 35 Nevada families achieve #homeownership through our Middle Income Downpayment Assistance program, delivered through our member Greater Nevada Credit Union These grants put sustainable homeownership within reach for those who qualify as first-time homebuyers and earn just over 80% and up to 140% of area median income (AMI). Thank you to Greater Nevada Credit Union and Greater Nevada Mortgage for sharing how we work with our members to expand access to #AffordableHousing.

Did you know that local financial institutions often use their own “bank” to fund their lending? https://lnkd.in/ezh9YCXd By serving diverse local financial institutions, FHLBank San Francisco is enabling the American dream, from delivering more #AffordableHousing to helping people build a successful #business or own a #home and build generational wealth. Explore 4 reasons why #FHLBanks are essential to community lending by: 🏢supporting business growth ⬇lowering borrowing costs 💸stabilizing local financial institutions 🏘and promoting affordable housing and community development Read the full story in SFGATE: https://lnkd.in/ezh9YCXd #CommunityLending #FinancialServices

Last week we hosted an inspiring conversation featuring our CEO Alanna McCargo and Chief Strategy Officer Kelly Gear in honor of #WomensEqualityDay. Our team came together to hear insights that examined the progress women’s rights activists have made, at work and beyond, and acknowledged the ways we can continue to advocate for greater equality. Though the day has passed, the impact of these stories continues each day, as advancing equality is an ongoing effort and an essential part of our mission at FHLBank San Francisco. 👏We want to give a big thanks to Women@FHLBSF, our incredible team who organized the event! #DEI #ProfessionalDevelopment #GenderEquality

🎉Happy Labor Day weekend! We are thankful to all the people who make the communities we serve more vibrant, equitable, and resilient through their dedicated work and passion. #LaborDay2024

The Council of Federal Home Loan Banks sent a letter signed by the Presidents and one signed by the board chairs of all 11 FHLBanks to the U.S. Dept. of Treasury with recommendations on how to help improve the supply of affordable housing. Catch the full story in HousingWire below:

Congratulations to Fresh Start Women's Foundation, a nonprofit that was awarded an #AHEAD economic development grant in 2023 to build out workforce training for women in the Phoenix metro area👏. The grant will support personnel expenses as Fresh Start aims to connect women to #careers and provide job training, financial assistance, coaching, computer literacy courses, and professional skill-building workshops. We’re proud to have been able to award a AHEAD $50,000 grant, delivered through our member Bank of America. Learn more about our AHEAD economic development grants here:https://lnkd.in/gx4uSdP4 #EconomicDevelopment #ProfessionalDevelopment #JobTraining #WomeninBusiness

🏡We’re thrilled to announce that our CEO Alanna McCargo is speaking at the "In My Dream Backyard" Symposium on September 18, 2024, in Los Angeles. Collaboration is key to addressing the housing crisis. This event, hosted by SoLa Impact, will bring together leaders across housing, financial and philanthropic industries to discuss innovative solutions toward building a more inclusive, affordable and sustainable Los Angeles. With a keynote speech from LA Mayor Karen Bass and panels that will explore new ways to finance housing projects, we look forward to engaging in thoughtful discussion that will challenge the perception that “Los Angeles is difficult to build in.” Register and join us to be part of the conversation and drive impactful change! 📅 September 18, 2024 📍 The SoLa Beehive, Los Angeles, CA https://lnkd.in/gH3KjdsW #AffordableHousing #CommunityDevelopment #HousingSolutions #FHLBankSF

It was an exciting Friday in Fresno! We are pleased to announce that Fresno Housing was awarded two AHP grants to develop #AffordableHousing for low-income renters and homebuyers in the area. 🏘️The two grants, totaling more than $1.6 million, will support the construction of 68 rental units for low-income individuals and families in Firebaugh, CA, and 30 affordable single-family homes in Southwest Fresno. We joined Fresno Housing live at their first ever State of Affordable Housing event Friday, where our CEO Alanna McCargo delivered the big news on behalf of FHLBank San Francisco, in partnership with our member Community West Bank. We are thrilled to see new affordable housing solutions that can provide individuals and families with a safe community and a place to call home. #FresnoHousing #CommunityDevelopment #FHLBankSF #AHPgrant #Homeownership Many thanks to our partners at Community West Bank: Shannon (Avrett) Livingston Elizabeth Salas Stefani Woods A. Kenneth R.

You may be familiar with the Affordable Housing Program (AHP), but did you know nationwide the Federal Home Loan Banks awarded $319 million in Competitive AHP funds in 2023? 🏠That's enough to support over 20,000 #affordablehousing units. 💡Learn more about our #AHP grants below. #FactsYouCanBankOn is a series by the Council of Federal Home Loan Banks that dispels misinformation and myths about the FHLBanks. Get to know the #FHLBanks and their role in the U.S. financial system by following our monthly series here: https://lnkd.in/gBkQpP2M