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  Welcome to the Federal Home Loan Bank of San Francisco
Cost of Funds Index
May 2009      1.832%
Announced June 30, 2009
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Success Stories
  First WISH Recipient Buys Home in San Francisco - Achieves 10 Year Dream
  Provident Savings Bank Uses Advances to Manage Risk, Keep Pace with Regional Growth
  Spreading the Word About Homeownership to Rural Latino Communities
Highlights
  Expanded Uses for FHLBank Standby Letters of Credit
  Bank's 2008 Annual Report and Form 10-K
  2008 Affordable Housing Advisory Council Annual Report
  Regulatory Issues
  Anti-Predatory Lending Policy
  Foreclosure Prevention
Regulatory Actions Relating to FHLBanks
Members and other interested parties may wish to comment on recent regulatory actions.
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Bank Announces $30.3 Million in 2009 AHP Round A
The Bank has awarded $30.3 million in Affordable Housing Program (AHP) grants in 2009 AHP Round A. The funds will support 42 projects and generate 2,558 units of affordable housing in Arizona, California, Illinois, Nevada, Texas, and Washington.
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New Credit Opinion Available from Moody's
Moody's Investors Service issued a new credit opinion on the Federal Home Loan Bank System on May 21, 2009. As a service to our members and other stakeholders, we are making the full Credit Opinion available, with Moody's permission.
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First Quarter Financial Results Now Available
On May 15, 2009, the Bank announced selected operating results (PDF) for the first quarter of 2009 and filed its Form 10-Q with the SEC. Issues relating to the Bank’s operating results are further discussed in a Q&A.