Adrianna and Ricardo Peraza dreamed of one day owning their own home, for themselves and to pass on to their children. Hard work, participation in a Family Self-Sufficiency program, and a boost from a $15,000 IDEA Program matching grant made their dream come true.
AHEAD grants, made to Bank members working with local community groups, provide early-stage funding for targeted economic development projects and housing initiatives that benefit lower income communities. Applications must be received by June 9.
The Bank awarded $7.4 million in WISH funds and $1.6 million in IDEA funds to 25 member financial institutions to help low- to moderate-income families and individuals buy a home.
James Feltham, outgoing chair of the Bank's Affordable Housing Advisory Council, reports on the Bank's community programs and activities in 2013.
The Bank's Affordable Housing Advisory Council, which provides expert guidance on affordable housing and economic development issues and helps shape the Bank’s community investment grant programs and credit products, has elected a new chair, Ralph Lippman, and vice chair, Dean Matsubayashi.
Community Investment staff will present information about the Bank’s WISH and IDEA first-time homebuyer programs at the San Francisco Housing Expo, a free event where future homebuyers and current homeowners can connect with information, local resources, and professional service providers to learn more about homeownership opportunities or foreclosure prevention.
Learn MoreEvery dollar raised at this annual sake and food tasting event will help Little Tokyo Service Center, a Community Development Corporation, make a difference in the lives of people in need of social services, counseling, affordable housing, and childcare. LTSC Executive Director Dean Matsubayashi currently serves as vice chair of the Bank's Affordable Housing Advisory Council.
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