$9.8 Million in Affordable Housing Grants Awarded by Federal Home Loan Bank of San Francisco.
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$9.8 Million in Affordable Housing Grants Awarded by Federal Home Loan Bank of San Francisco.
SAN FRANCISCO--(BUSINESS WIRE)--July 1, 1996--The Federal Home Loan Bank of San Francisco has awarded $9.8 million to 61 housing programs to help create over 2,600 new units of affordable housing in Arizona, California, Florida, Nevada, and New Jersey.
"The outstanding projects submitted in this round of the Affordable Housing Program address one of the thorniest issues in housing: creating homeownership opportunities for people who have typically not had those opportunities, including low-income households, Native Americans, people with developmental disabilities, and single-parent families," said Dean Schultz, president and chief executive officer of the Federal Home Loan Bank of San Francisco. "These award-winning initiatives also address the growing demand for dece...See the full content of this document
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