Federal Home Loan Bank San Francisco Grants More Than $5.8 Million to Build Affordable Housing in San Francisco and Oakland, Calif.
Retrieved on:
Thursday, August 26, 2021
Diamond, Civic, AHP, National bank, Investor, Private sector, Century Housing Corporation, GLOBE, Insurance, Federal Home Loan Banks, Physical disability, Health, Heart, Investment, Silicon, Rehabilitation, Bank, Community Housing Partnership, Safety, Goal, Odisha Rural Housing & Development Corporation, Homelessness, Partnership, Solution, SAN, Housing, CDFI, Treasure, Silicon Valley Bank, Veteran, Airline, Renewable energy
SAN FRANCISCO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced $36.8 million in Affordable Housing Program (AHP) grants throughout California, including $5.8 million in grants for six Bay Area projects.
Key Points:
- SAN FRANCISCO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced $36.8 million in Affordable Housing Program (AHP) grants throughout California, including $5.8 million in grants for six Bay Area projects.
- FHLBank San Francisco member financial institutions, in partnership with community-based housing sponsors, submit applications for specific projects in an annual funding competition.
- Our partnership with Federal Home Loan Bank of San Francisco helps us achieve those goals, reduce homelessness and support more families.
- AHP grants help increase the supply of affordable housing, including units that serve families and individuals with special needs.