Federal Home Loan Bank of San Francisco

Congratulations, Anabel Cuevas! Our very own Associate Director of Public Affairs has been recognized as one of the "Latinos in Finance" for 2024 by Latino Leaders Magazine! "As a first-generation college graduate, this recognition is especially meaningful, reflecting my journey and our community’s progress in finance and housing," Anabel says. ? At FHLBank San Francisco, Anabel works to engage and educate members of Congress on our #liquidity and #housing mission. "Working on initiatives that support Latino homeownership is particularly rewarding, especially seeing the positive impact our affordable housing projects have had on both my hometown and my current community," she says. ? We are proud of Anabel's accomplishments and her dedication to #AffordableHousing, and grateful for all that she does to advance the important work we do at FHLBank San Francisco. Check out her feature in Latino Leaders Magazine to learn more about her incredible journey and contributions. #HispanicHeritageMonth #LatinosInFinance #FHLBankSF #Homeownership

Over 20 years we've awarded $33.1 million in AHEAD grants to 1,000 economic vitality projects in Arizona, California, and Nevada. Today, we're excited to announce our 2024 AHEAD grant recipients. This year's 84 grants, distributed by our members, will help support: ????local farmers ? job-seekers ??tribal entrepreneurs and many more in our local communities. With an 82% increase in funding over last year's cycle, we’re committed to fostering economic growth through innovative community development initiatives. We are grateful for the continued collaboration with our member institutions, including 10 new members who are joining the program for the first time! ?? Visit our newsroom to learn more about these incredible projects and the difference they’re making in our communities. https://lnkd.in/gXwUZXrF #AHEADProgram #CommunityDevelopment #SmallBusinessGrowth #EconomicGrowth #FHLBankSF #CDFIs #Nonprofits Local First Arizona Arizona Financial Credit Union California FarmLink Bank of the Sierra NEVADA HOSPITALITY FOUNDATION

We recognize the transformative role banks and Community Development Financial Institutions (#CDFIs) play in fostering #EconomicGrowth and supporting local communities. That's why we were thrilled to host speakers from leading financial institutions at our offices in San Francisco as part of the AAREP Bay Area - African American Real Estate Professionals speaker series. We’re dedicated to supporting our #CDFI members as they work to create thriving communities, and we’re excited to spotlight innovative funding methods that empower developers and local businesses with actionable strategies and pathways for success. Together, we’re building stronger, more resilient neighborhoods. Big thanks to our dynamic panelists, Will Jackson (U.S. Bank), Nikki A. Beasley (Richmond Neighborhood Housing Services, Inc.), Lena Robinson (FHLBank San Francisco) R. Lee Farmer (Non-profit Finance Fund) and Maggie O'Sullivan, CTP of JPMorganChase. #CDFI #CommunityDevelopment #AffordableHousing #FHLBankSF #EconomicGrowth #BayArea

Congratulations to MidPen Housing Corporation and the City of Fairfield, California on this grand opening!????? The Fair Haven Commons development brings much-needed homes and a supportive community to families and individuals earning 20-60% Area Median Income (AMI). We are thrilled to have provided $710,000 in Affordable Housing Program funding to this project, delivered through our member Wells Fargo. Join us on our mission to build more equitable, resilient communities in California, Arizona and Nevada.?? #affordablehousing #communitydevelopment #AHPgrant #FairHavenCommons

Working with local organizations to strengthen communities is at the heart of what we do. Recently we shared some of the ways we're engaging with our CDFI members and Bank leadership on how we can continue to strengthen support for #AffordableHousing and #CommunityDevelopment. We're thrilled to see much positive interaction from our member institutions, community organizations, and all our passionate partners! Conversations and collaboration is critical to building more equitable and resilient communities. Together, we're transforming lives?? Follow FHLBank San Francisco and join the conversation around affordable #homeownership and community resilience. #FHLBankSF #CDFI #EconomicGrowth #Housing Shout out to California Community Reinvestment Corporation, Genesis LA, Lark Mallory for their engagement on our recent posts.

In honor of #HispanicHeritageMonth, we’re proud to recognize two of our Affordable Housing Program (AHP) grant recipients who are creating equitable access to affordable housing in #Latinx communities. Recently we awarded a $1.4 million AHP grant to TNDC through our member Century Housing. In partnership with Mission Economic Development Agency (MEDA), this project brings 143 affordable homes to San Francisco’s Mission District, alongside critical services like childcare and arts spaces to support families and the community. This year we also awarded a $2 million grant to #MEDA through our member Bank of San Francisco to construct 31 affordable homes for #educators earning 80% of area median income (AMI). This project also provides a childcare space, homeownership coaching and financial support to ensure long-term success for first-time #homebuyers. Grants like these transform lives by providing the security of a home and access to financial education and community services, supporting long-term stability and growth. We are committed to advancing opportunities for diverse communities, ensuring everyone has a safe, affordable place to call home. ??Courtesy of Bruce Damonte #FHLBankSF #AffordableHousing #LatinxCommunity #HispanicHeritageMonth #AHPgrants

As we continue to honor #HispanicHeritageMonth, we want to recognize the diverse leadership that guides our mission. We stand out among financial institutions for our commitment to representation at the highest levels, especially representing the Hispanic and Latinx communities we serve, with F. Daniel Siciliano serving as Chair of the Board, and Ana Fonseca and David Adame as key board members. Our board’s #diversity includes the collective expertise and dedication each of our leaders brings to fostering equitable economic opportunities in our communities, which is carried out by our President and CEO Alanna McCargo. We are honored to be recognized by the NACD (National Association of Corporate Directors) and Latino Leaders Magazine (2023) for our continued commitment to diverse leadership—essential to building a more resilient and inclusive future for all. #Leadership #LatinxLeaders #FHLBankSF #InclusiveLeadership #HispanicHeritageMonth

?? FHLBank San Francisco is now offering a Fixed-to-Float Convertible Option Advance. With this new smart solution, our members can: ?? Protect their future liquidity position with term-certain funding and a 5 bps discount through the end of the year. ?? Lower immediate term funding costs to help mitigate compressed Net Interest Margins (NIM). ?? Address regulatory liquidity concerns. Discover how this new product offering compares to other advances, and how it can solve your funding needs: https://lnkd.in/g2i-enrv #Liquidity #ConvertibleOptionAdvance #FinancialServices

Credit unions play a critical role in expanding access to #homeownership. Our President and CEO Alanna McCargo gave a keynote address at the ACUMA Annual Conference, where she outlined plans to deepen collaboration between FHLBank San Francisco and our credit union members. ??Credit unions currently make up over 48% of our membership, and the opportunities to further collaborate are growing rapidly. We appreciate opportunities like the ACUMA (American Credit Union Mortgage Association) Annual Conference, where our Member Business team, lead by Jennifer Schachterle, SVP, can connect with and learn from industry leaders and experts. We look forward to continuing the conversation. ?#MakeYourMark2024 #ACUMAannual #CreditUnion #Mortgages?#FHLBankSF

Recently, FHLBank San Francisco hosted a collaborative session with our Community Development Financial Institution (CDFI) members as part of our 2024 Member Conference. ??The session was marked by conversations between our CDFI members and Bank leadership, where we discussed how we can continue to strengthen our support for #AffordableHousing and #CommunityDevelopment. The shared energy led us to explore new ways the Bank can better serve our #CDFI members and empower the communities they work tirelessly to uplift. We and our members left with fresh ideas and renewed commitment to addressing the most pressing housing challenges. ???We are grateful for our members’ mutual dedication to building stronger, more vibrant communities and for the opportunity to work more closely with CDFI’s. Together, we’re creating opportunities to expand access to affordable housing and build a better future for all. ??Thank you to all our members who attended and contributed to the success of this year’s conference! Mona Tavss Jennifer Schachterle California Community Reinvestment Corporation, Century Housing, Housing Trust Silicon Valley, Genesis LA, Raza Development Fund #CDFI #CommunityInvestment #FHLBank ?