Federal Home Loan Bank of San Francisco Leads Two Roundtable Discussions with Rep. Pete Aguilar and Rep. Greg Stanton to Address Affordable Housing Crisis
SAN FRANCISCO, May 31, 2024 (GLOBE NEWSWIRE) -- As part of its ongoing, mission-driven effort to address the pressing issue of housing affordability, the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) led two separate roundtable discussions in California and Arizona this week.
- SAN FRANCISCO, May 31, 2024 (GLOBE NEWSWIRE) -- As part of its ongoing, mission-driven effort to address the pressing issue of housing affordability, the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) led two separate roundtable discussions in California and Arizona this week.
- On Wednesday, May 29, U.S. Representative and Chair of the House Democratic Caucus Pete Aguilar (D-33) convened a high-level discussion group of relevant players to brainstorm innovations in affordable housing and to identify appropriate resources.
- Since 1990, the Bank has awarded $1.3 billion in AHP grants to construct, preserve, or purchase over 150,000 units of quality rental and owner-occupied affordable housing.
- “By funding affordable housing in Arizona, California, and Nevada, FHLBank San Francisco seeks to help communities thrive with the creation of much needed secure, decent, and affordable housing,” said Teresa Bryce Bazemore, president and chief executive officer of the Federal Home Loan Bank of San Francisco.