SAN FRANCISCO, February 15, 2018 – The Federal Home Loan Bank of San Francisco has named Vice President Marietta Núñez Community Investment Officer. She succeeds Jim Yacenda, who retired February 2, 2018.
Marietta Núñez joined the Bank in 1998. She launched the Bank's first-time homebuyer matching grant programs, which have delivered over $85 million to help low- and moderate-income families become homeowners. She also designed the Bank’s AHEAD Program, which has provided over $11.4 million in grants for economic development initiatives benefiting lower-income communities. She has worked with the competitive Affordable Housing Program (AHP) since 1998.
“I am honored and excited to assume this new role,” said Ms. Núñez. “As Community Investment Officer, I will lead a diverse team of people dedicated to increasing the supply of affordable housing and promoting economic development. This work makes a tremendous difference in the lives of individuals and families and strengthens our communities.”
Ms. Núñez received an M.B.A. from the Anderson School of Management at U.C.L.A. and a law degree from the University Complutense of Madrid, Spain, and has received a Distinguished Leadership Award from the Congressional Hispanic Caucus for increasing homeownership opportunities in the Latino community.
“Marietta Núñez brings a great deal of creativity and a wealth of experience to the position of Community Investment Officer,” said Steve Traynor, Senior Vice President and Chief Banking Officer at FHLBank San Francisco. “I am pleased that the Bank, its members, and the communities we serve will benefit from Marietta’s deep commitment to achieving our community and economic development mission.”
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 programs that help members create affordable housing and promote community economic development. The Bank’s members are headquartered in Arizona, California, and Nevada and include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions.