2025 Affordable Housing Program General Fund and Nevada Targeted Fund Awards Announced

On June 24, the Bank awarded $44.6 million in AHP General Fund grants in the 2025 funding competition. 26 projects will receive AHP subsidies helping to create nearly 1,800 units of affordable housing.

The Bank also awarded $5.1 million in AHP Nevada Targeted Fund grants to five projects, helping to create 273 units of affordable housing.

View the complete list of 2025 General Fund and Nevada Targeted Fund award recipients.

To help our members and project sponsors promote their AHP General Fund award, we provide a communications toolkit (PDF | Word) that includes a sample news release template, language about the AHP, key messages, and guidance around FHLBank San Francisco's naming convention, logo usage, and social media handles. Grant recipients can also contact Chris Hammond with FHLBank San Francisco’s marketing and communications team to request a quote from the Bank about their award(s) for a press release, have your draft release or other promotional materials reviewed for accuracy, and request amplification of your social media posts.

Thanks to all who submitted an application in this year's funding competition. Those not awarded grants in this round are encouraged to reapply in the 2026 competition. For technical assistance with revising your 2025 application for resubmission in the future, contact Amber Lamason, director of AHP compliance.

Available for your reference are scoring results from the 2025 General Fund and Targeted Fund competitions as well as the pre-recorded 2025 AHP Application Webinars to learn the essentials of preparing a successful application:
AHP General Fund Application Webinar - Rental Projects
AHP General Fund Application Webinar - Owner-Occupied Projects
AHP Nevada Targeted Fund Application Webinar - Rental & Owner-Occupied Projects