2021 Targeted Community Lending Plan

October 15, 2020

The Bank continuously conducts market research to identify housing and economic development needs, community lending credit needs, and market opportunities in the Bank’s district of Arizona, California, and Nevada.

Pursuant to recently revised Federal Housing Finance Agency regulation, our 2021 Targeted Community Lending Plan:

  1. identifies affordable housing and economic development needs in our district,
  2. demonstrates how these needs are being addressed by our community programs, such as AHP, WISH/IDEA, and AHEAD, and outreach activities, and,
  3. specifies the Bank’s performance goals for addressing district needs.

The Bank developed the Plan in consultation with its Affordable Housing Advisory Council, Bank members, a Bank housing associate, and public and private economic development organizations in the Bank’s district. The Plan incorporates survey data from these organizations, and information from an extensive list of key national and state reports, including the impact of COVID-19 on district needs and the Bank’s response.

The 2020 Targeted Community Lending Plan is also available as reference. For questions about the Plan, please email communityinvestment@fhlbsf.com.