FHLBank San Francisco Awards $325,000 in Grants for Economic Development, Pandemic Recovery in Arizona
Retrieved on:
Tuesday, October 19, 2021
SAN FRANCISCO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) awarded $325,000 in grants to 13 Arizona nonprofits through its 2021 AHEAD Program.
Key Points:
- SAN FRANCISCO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) awarded $325,000 in grants to 13 Arizona nonprofits through its 2021 AHEAD Program.
- The grants, delivered through local FHLBank San Francisco member financial institutions, are aimed at advancing innovative economic and community development initiatives that bring greater opportunity to underserved populations.
- Communities across Arizona have faced an onslaught of challenges over the past 18 months, many of which will have long-term economic impacts, said Teresa Bazemore, president and CEO of FHLBank San Francisco.
- Foresight Foundation for Economic Equity (Sponsored by Raza Development Fund, Inc), a Black-led community economic development organization serving minority communities.