Results for "2021"

Apr 14, 2021

FHLBank San Francisco Drives Pandemic Recovery With First-Time Homebuyer Matching Grant Programs

SAN FRANCISCO – April 14, 2021 – The Federal Home Loan Bank of San Francisco (FHLBank San Francisco), a member-driven cooperative helping lenders in Arizona, California, and Nevada drive local economic growth, is providing $11 million in grants through its Workforce Initiative Subsidy for Homeownership (WISH) and Individual Development and Empowerment Account (IDEA) matching grant programs. Through the programs, implemented by 36 participating FHLBank San Francisco member financial institutions, eligible ...
Apr 8, 2021

A Message to Our Employees and Communities from President and CEO Teresa Bryce Bazemore

There is a long and ugly history of racism against Asian Americans in this country that has manifested in discrimination and violence before, yet is rarely given the attention it deserves in the broad public consciousness. Hate crimes against Asian Americans and Pacific Islanders (AAPIs) have skyrocketed over the last year — partially fueled, it seems, by false narratives about the origins of the ongoing COVID-19 crisis. The deadly and ...
Feb 23, 2021

Teresa Bryce Bazemore Named President and Chief Executive Officer of the Federal Home Loan Bank of San Francisco

SAN FRANCISCO – February 23, 2021 – Today FHLBank San Francisco (Bank) announced that its board of directors has named Teresa Bryce Bazemore as the Bank’s President and Chief Executive Officer, effective March 15, 2021. “We are extremely proud and pleased to have Teresa’s leadership at the Federal Home Loan Bank of San Francisco,” said Dan Siciliano, Chairman of the Bank’s board of directors. “Teresa Bryce Bazemore has a wealth ...
Feb 18, 2021

Bank Announces Annual and Quarterly Operating Results

SAN FRANCISCO, February 18, 2021 — The Federal Home Loan Bank of San Francisco (Bank) today announced its 2020 operating results. Net income for 2020 was $335 million, compared with net income of $327 million for 2019. Net income for the fourth quarter of 2020 was $94 million, compared with net income of $113 million for the fourth quarter of 2019. The increase in net income of $8 million for ...
Jan 27, 2021

Accepting Applications: 2021 Affordable Housing Program

We are excited to announce that we are now accepting applications for the Federal Home Loan Bank of San Francisco's 2021 Affordable Housing Program General Fund (AHP). The deadline to submit an application for funding in the 2021 AHP funding competition is March 10, 2021. Apply for 2021 AHP funding Our Affordable Housing Program is central to the Bank’s mission of expanding access to housing and our commitment to providing ...
Jan 19, 2021

Accepting Applications: 2021 WISH and IDEA Homeownership Programs

We are excited to announce that we are now accepting member applications for the Federal Home Loan Bank of San Francisco's 2021 WISH and IDEA first-time homebuyer downpayment assistance programs. The deadline for members to submit an application to participate in this year’s WISH and IDEA programs is February 16, 2021. Apply to participate in the 2021 WISH and IDEA homeownership programs. Our WISH and IDEA matching grant programs are ...