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Padilla Announces Over $49 Million in FHLBank San Francisco Awards for California-Based Affordable Housing Groups
July 10, 2024
WASHINGTON, July 10 -- Sen. Alex Padilla, D-California, issued the following news release:

Today, U.S. Senator Alex Padilla (D-Calif.) announced that the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) awarded $49.3 million in Affordable Housing Program (AHP) grants to help fund 47 projects that will create 3,105 affordable housing units in California.

California is facing a massive shortage of affordable housing options available to extremely low-income . . .

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