More than 200 people came to celebrate the grand opening of St. Joseph’s Senior Apartments, the centerpiece of an ambitious project to preserve a beautiful historic landmark as part of a neighborhood-wide revitalization effort. Reclamation and repurposing of the 1913 Georgian Revival building has created 83 new affordable rental apartments for low-income seniors.
The application window for our WISH and IDEA first-time homebuyer programs closes on February 11, 2013. Members of the Bank may apply to reserve up to $1 million in funds for each program. Both programs offer grants of up to $15,000 to eligible low- to moderate-income households, matching $3 for every dollar contributed by the homebuyer.
The Bank's Board of Directors appointed Donald Falk, Executive Director of Tenderloin Neighborhood Development Corporation (TNDC), to 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 programs. TNDC has been providing affordable housing and life-enhancing supportive services to low-income individuals and families in San Francisco for over 25 years.
Beginning this year, the Bank will have one competitive funding round each year, instead of two. The application deadline for the 2013 AHP funding competition is Monday, April 1, 2013. Attend an AHP Application Webinar to find out what else is new for 2013!
In the second round of our 2012 AHP funding competition, the Bank awarded $18.5 million in grants to 38 projects. The grants will help produce or preserve more than 2,000 units of housing affordable to lower-income families and individuals in communities served by our members.
There is still time to find out how to submit successful applications for funds reservation. Join us for a live webinar on February 5 or 6. There is no cost for the webinar, but attendance is limited and you must register in advance.
Join us online to learn the essentials of submitting a successful application for the 2013 Affordable Housing Program. There is no cost to participate in our live webinars, but attendance is limited to 100 participants and you must register in advance.