We recognize our responsibility to collaborate with local government, nonprofit, private, and individual stakeholders to help revitalize neighborhoods across our footprint. Our ongoing vision is to create thriving communities through activities that ensure access to capital for small businesses, job creation, revitalization, and stabilization, and the preservation of affordable housing with a focus on minority and low- and moderate-income communities.
2022 Highlights
FHLBSF COMMUNITY PROGRAMS
- Workforce Initiative Subsidy for Homeownership (WISH) Program
- $861,172 in down payment assistance awarded to 30 first-time homebuyer households
- Middle-Income Down Payment Assistance (MDPA) Program
- $742,000 in down payment assistance awarded to 15 first-time homebuyer households
- Empowering Black Homeownership Matching Grant Program
- $125,000 in Bank funding was matched by FHLBSF for a total of $250,000 to support seven HUD-certified nonprofit organizations across Arizona, California, and Nevada.
- Affordable Housing Program (AHP)
- $1,510,000 in AHP funds to support 179 units of affordable housing
SMALL BUSINESS AND SMALL FARM LENDING
- $45.6 million in CRA-reportable lending to small businesses and small farms
COMMUNITY DEVELOPMENT LENDING
- $255.8 million in CRA-qualified lending to support affordable housing, small business growth, and nonprofits that support LMl communities
CRA LENDING IMPACT
- Created and preserved 719 affordable housing units
- Created and retained 2,150 jobs benefiting lower-income individuals and households