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Bulletins and Notices
Notice No. 0016 | March 27, 2012

SAS Surveys and California Redevelopment Agency Funding

To Members and Sponsors with AHP Awards:

Project sponsors and members with current Federal Home Loan Bank of San Francisco Affordable Housing Program (AHP) awards will soon be receiving Semiannual Status (SAS) surveys.

In light of the State of California’s recent elimination of Redevelopment Agencies, the Bank is requesting that survey respondents whose projects were or are relying on RDA funding include updates on the status of all funding sources. If this applies to your project(s), please indicate on your SAS survey response whether the RDA funds are still committed or if replacement funds have been secured or are being sought.

If you have any questions about the AHP or the SAS, please email Community Investment or call (415) 616-2542.

Sincerely,

 

James E. Yacenda
Vice President and Community Investment Officer