
Middle-Income
Middle-Income Downpayment Assistance Puts Homeownership Within Reach
Member Mission Federal Credit Union delivers a $50,000 Middle-Income Downpayment Assistance grant up to assist a first-time homebuyer.
Our 2024 Impact Report shines a spotlight on the privately capitalized cooperative wholesale bank’s daily support for local financial institution members, including:
$103.3 million in grants awarded for affordable housing, homeownership, and economic development;
robust engagement with stakeholders; and
a workforce empowered to meet the evolving needs of its members with agility and impact.
Download our 2024 Impact Report to learn more about how FHLBank San Francisco accomplishes its mission of providing members with reliable access to liquidity, essential financial services and expertise, and resources for housing and community and economic development.
Download the Report
"Strength and stability are core to East West’s financial stewardship, entrepreneurial mindset and community commitment. Our success is built on trust, purpose and shared prosperity. Our decades-long partnership with FHLBank San Francisco remains a vital part of that success.”
Dominic Ng
Chairman and CEO, East West Bank
A member of FHLBank San Francisco since 1973, East West Bank is based in Pasadena and ranks among the largest banks headquartered in California. East West Bank leverages its membership through a range of liquidity products and community programs that finance low- and moderate-income housing, contribute to economic development through grants to community organizations, and enhance bond pricing using FHLBank San Francisco letters of credit. Read More.
Axos Bank, a member since 2000, is committed to establishing partnerships with organizations, businesses, and individuals within their communities. Their philosophy of community involvement is demonstrated in the time and energy their employees devote each year to community service activities. Read More.
FHLBank San Francisco is a privately capitalized cooperative wholesale bank that serves member financial institutions throughout our three-state district of Arizona, California, and Nevada.
Our mission is to provide our members – primarily community lenders – with reliable access to low-cost liquidity, essential financial services and expertise, and resources for affordable housing and economic development. We accomplish this by empowering our workforce to meet the evolving needs of our members efficiently, and with a sense of purpose.
Because of the business our members do with us every day — using our advances, letters of credit, safekeeping services, and more to meet the credit needs of consumers, businesses, and the public sector — we can also fund grant programs and other initiatives that strengthen communities by increasing housing supply and making homeownership more affordable.
In the pages of our 2024 Impact Report, see how we are driving value and impact for our members and the communities we collectively serve — and changing lives for the better.