Federal Home Loan Bank of San Francisco

An inspiring story of community impact! Through our AHEAD grant program, Vantage West Credit Union secured grants of $100,000 each to help three Arizona organizations expand their work creating new #opportunity and driving economic growth in underserved communities. With support from our AHEAD funding: ?? Groundswell Capital will provide small businesses with accessible capital, financial education, and #mentorship through the AVANZA Empowerment Fund, fueling economic growth and environmental justice. ??Pascua Yaqui Development Corporation, created by the Pascua Yaqui Tribe, will launch a Career Pivot Center, opening up essential training and resources for the Tribe’s workforce and advancing self-sufficiency. ?? Community Investment Corporation will extend its EPIC Initiative, providing 50 new no-collateral loans across Southern Arizona, promoting inclusive economic growth and #entrepreneurship. “Vantage West is committed to making a lasting impact in the communities we serve, and these AHEAD Program grants are a powerful way to drive meaningful change,” said Jon Bruflat, VP of Community Impact at Vantage West. FHLBank San Francisco’s annual AHEAD program enables members like Vantage West to address pressing local needs and help create a brighter future for underserved people, neighborhoods, and communities. ?? Interested in learning how the AHEAD grants can support your community impact goals? Discover more on our website: https://lnkd.in/g6Cmn9xF #CommunityImpact #EconomicGrowth #WorkforceDevelopment #FHLBankSanFrancisco #AHEADgrants

??Congratulations to our incredible members honored among American Banker’s Most Powerful Women in Credit Unions 2024! Donna Bland of Golden 1 Credit Union, Kathryn K. Davis of Valley First Credit Union, Monique Little of First Tech Federal Credit Union, and Joan Opp of Stanford Federal Credit Union and Member Director on our Board, have each demonstrated extraordinary #leadership that strengthens community lending and promotes financial stability across our region. From deepening community engagement to successfully meeting the #liquidity needs of their community, these leaders demonstrate how to serve and connect with communities while navigating change. Their work strengthens opportunities for #homeownership, financial wellness, and inclusive economic growth. We're especially proud to see these leaders' contributions recognized on a national stage. Join us in celebrating their well-deserved recognition. Read more about these inspiring women:?https://lnkd.in/gpMDD_rw Thanks to Joey Pizzolato, John Adams, Frank Gargano and Mary Ellen Egan for the reporting. #Leadership #CreditUnions #MostPowerfulWomen #CommunityImpact #FinancialWellness #WomenInCreditUnions #FHLBankSF

Last week we announced the results of our annual Director Elections! We’re thrilled to share that our members re-elected incumbent nonmember public interest independent director Lori Gay, President and CEO of Neighborhood Housing Services of Los Angeles County (NHS), and incumbent nonmember independent director F. Daniel Siciliano, a Stanford University Fellow (CodeX) and the founding faculty director of the Rock Center for Corporate Governance at Stanford University, to new terms on our board. Our members also re-elected incumbent California member director Jeff Ball, President and CEO of Orange County Business Council, to a new term on the board. We are grateful to the Board for their continued leadership and to our members for participating in this year's elections. We look forward to all that we will accomplish in affordable housing and community development in 2025, and beyond. Learn more about the work of our accomplished board members and read the full story here:?https://lnkd.in/gnHvYYjz #FHLBankSanFrancisco #BoardofDirectors #Leadership

Congratulations to GRID Alternatives on receiving one of our 2024 AHEAD economic development grants, in partnership with our member Pacific Premier Bank. The funding will help boost economic vitality in Riverside with workforce development training in critical low-carbon energy solutions. We are proud to help support the incredible work GRID Alternatives is doing to ensure that the individuals most affected by economic and environmental inequity can lead and benefit from the growing energy economy. #AHEADgrant #EconomicGrowth #CommunityDevelopment

Our CEO Alanna McCargo recently joined Marketplace by APM's Amy Scott and Sean McHenry to discuss the vital role FHLBank San Francisco plays in supporting financial stability and empowering local communities. https://lnkd.in/gSZ4f49m ??Alanna examines the housing affordability crisis and supply shortage in California, Arizona and Nevada, emphasizing the urgent need for accessible solutions amid growing pressures from climate impacts. ??Her insights illuminate how private, cooperatively owned FHLBanks support the financial institutions serving local communities and why our work matters now more than ever. FHLBank San Francisco is proud to be part of a system that helps bolster #AffordableHousing access and provides #liquidity for local financial institutions, especially when it’s needed most. Read the interview to learn more about how we empower local financial institutions and communities: https://lnkd.in/gSZ4f49m #HousingAffordability #CommunityDevelopment #LocalLenders #FHLBankSanFrancisco

Congratulations to Jamboree Housing Corporation and the City of Santa Ana on the grand opening of Estrella Springs! We were honored to participate in the grand opening for this project, which transforms a former Budget Inn hotel into permanent supportive housing for formerly homeless #veterans. We are proud to have awarded $890,000 in an Affordable Housing Program grant delivered in partnership with our member MUFG Union Bank, N.A. "Our veterans experiencing homelessness deserve more than just affordable housing," said Laura Archuleta, President and CEO of Jamboree Housing Corporation and FHLBank San Francisco Board Member. This much-needed housing includes supportive services and amenities, and will be a hub for case management, activities, programming, and provide a lounge area for residents. We want to extend a heartfelt thank you to everyone who came out to celebrate the grand opening, including: Hon. Valerie Amezcua, Mayor, City of Santa Ana Hon. Thai Viet Phan, Mayor Pro Tem, City of Santa Ana, Ward 1 Hon. Jessie Lopez, Councilmember, City of Santa Ana, Ward 3; Vice Chair, Orange County Housing Finance Trust Michael Hunn, CEO, CalOptima Health Hon. Vicente Sarmiento, Supervisor, County of Orange, 2nd District Cécile Chalifour, Managing Director, JPMorganChase ?Representative, Veterans Affairs Laurie Udit, Field Office Director, U.S. Department of Housing and Urban Development Development Yuli Lim, Vice President of Portfolio Management, Redstone Franz Washington, Resident Laura Archuleta, President & CEO, Jamboree Housing Corporation Jeff Ball, President and CEO and Orange County Business Council Founder, First Pacific Bank, and board member of FHLBank San Francisco Hon. Katrina Anne Foley, Supervisor, County of Orange, 5th District; Chair, Orange County Housing Finance Trust and our team on the ground, Jeremy Empol and Tom Flannigan. #AffordableHousing #CommunityDevelopment

Congratulations to Chico Housing Action Team (CHAT) on receiving a $100,000 AHEAD Program grant! We’re honored to provide funding to support the essential work CHAT is doing to offer safe, affordable housing for those in need, in partnership with our member Golden Valley Bank. This grant will help CHAT continue its impactful programs, making a lasting difference for local residents experiencing housing insecurity. We applaud the dedication of CHAT and organizations like them committed to building stronger, more inclusive communities. #AffordableHousing #EconomicDevelopment #AHEADgrant

The American dream of owning a home is becoming more out of reach for middle-income households squeezed by high interest rates and a high-cost housing market. For Native American communities that are already under-resourced when it comes to #AffordableHousing development, that dream can feel even more distant. Justina and her husband grew up on Native American reservations. Faced with ballooning rents in their Nevada hometown and the end of their lease, they had to figure out where to move with their four children. With the help of our $50,000 Middle-Income Downpayment Assistance Program grant, delivered in partnership with Greater Nevada Mortgage, Justina and her family were finally able to make their dream come true. Our Middle-Income matching grant program is just one of the ways we work with local lenders to advance #homeownership and economic opportunity among Tribal nations and Native American communities. Read Justina's inspiring story here: https://lnkd.in/gkN_k4Bs Greater Nevada Credit Union #MiddleIncome #DownpaymentAssistance #NativeAmericanHeritageMonth2024

Congratulations to Genesis Bank and the Genesis for Good Foundation, who are advancing economic opportunity for local business owners in Southern California??! With a $100,000 #AHEAD grant, in partnership with our member Citizens Business Bank, we are proud to help support their mission to empower historically marginalized entrepreneurs and foster sustainable economic growth in low- to moderate-income communities. #AHEADgrant #CommunityDevelopment #EconomicGrowth

Our President and CEO, Alanna McCargo, will be joining #ZillowHousing24 for an insightful virtual conversation on December 3! Representing the Federal Home Loan Bank of San Francisco, Alanna will engage with Housing Finance Strategies CEO Faith Schwartz to explore strategies for expanding #housing affordability. We at FHLBank San Francisco are committed to supporting affordable housing and building stronger communities. Join us at this virtual event to hear from top industry leaders about the future of housing! https://lnkd.in/eGVEMPDf #HousingAffordability #CommunityImpact #HousingFinance #FHLBankSF