SAN FRANCISCO – February 29, 2012 – The Board of Directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is pleased to announce the appointment of Michael T. Mullin to its Affordable Housing Advisory Council (AHAC). The Bank’s 15-member AHAC provides expert guidance on affordable housing and economic development issues and helps shape the Bank’s community investment grant programs and credit products.
Mr. Mullin is the Founder and President of Nevada HAND, Inc., a nonprofit, community-based housing organization in Las Vegas, Nevada. Since 1995, Nevada HAND has participated in the development of over 3,000 affordable housing units and provided supportive services to approximately 2,200 low-income senior citizens, 1,100 low-income adults, and 1,500 low-income children
Mr. Mullin has been appointed to a term of one year. He previously served on the Bank’s AHAC from 1998 to 2006. “Mike has led and directed one of the preeminent organizations in the Western states, and served the people in the region well,” said Jim Yacenda, Vice President and Community Investment Officer at FHLBank San Francisco. “We are pleased that he can help guide our programs once more and contribute to their efficacy.”
Prior to founding Nevada HAND, Mr. Mullin spent 14 years as a residential and commercial real estate broker with Americana Group Realtors, the largest real estate company in Nevada. As a Certified Commercial Investment Member (CCIM) of the Commercial Investment Real Estate Institute of the National Association of Realtors, he specialized in the disposition of real estate owned by financial institutions and transacted over $90,000,000 in real estate sales.
Mr. Mullin also serves on the Board of Directors of the Housing Partnership Network, a member-driven collaborative of 100 of the nation’s leading nonprofit developers and lenders.
Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community investment programs that help members create affordable housing and promote community economic development. The Bank’s members—its shareholders and customers—are headquartered in Arizona, California, and Nevada. Members may include federally insured depositories—commercial banks, credit unions, industrial loan companies, and savings institutions—as well as insurance companies and community development financial institutions.