Federal Home Loan Bank of San Francisco: Banks Boosting Communities - How a Behind-the-Scenes Partnership Supports Housing Affordability and Economic Development
March 29, 2024
March 29, 2024
SAN FRANCISCO, California, March 29 -- The Federal Home Loan Bank of San Francisco, a federal district bank, issued the following news release:
It's a virtuous cycle: communities that are economically vibrant create good jobs that support homeownership, and homeownership builds generational wealth that supports entrepreneurship and business investment.
In traditionally underserved and disadvantaged communities, though, the opposite can be true, leading to financial stag . . .
It's a virtuous cycle: communities that are economically vibrant create good jobs that support homeownership, and homeownership builds generational wealth that supports entrepreneurship and business investment.
In traditionally underserved and disadvantaged communities, though, the opposite can be true, leading to financial stag . . .