AHEAD
Projects have up to three months from the date of the award to request disbursement of funds. The Bank disburses the funds to the member, who will then deliver them to the recipient. The member must disburse the funds to the project sponsor within 30 days of receipt of funds from the Bank. The disbursement must be completed prior to calendar year-end of the award year.
To request a disbursement:
The member must request a new secure portal workspace for disbursement documents (this workspace is separate from the workspace created for applications).
The member must provide an AHEAD Program Certification and Disbursement Request form.
The member and project sponsor must review and sign the AHEAD Program Agreement.
The member must notify the AHEAD team that the disbursement documentation is ready for review by emailing aheadportal@fhlbsf.com when all documentation has been uploaded to the workspace.
The Bank confirms receipt of disbursement requests within two business days and typically processes the requests within 30 days. Subsidies received by a member must be disbursed to the project sponsor within 30 days of receipt.
Disbursement eligibility:
Member must be in good standing with the Bank.
Project scope must not have materially changed since the time of application.
Disbursement budget must not have materially changed from the application budget.
AHEAD Communications Resources
For members planning to distribute a news release or promote the AHEAD Program on social media, an AHEAD Program communications toolkit is available that includes a news release template, key messages, guidance around FHLBank San Francisco's naming convention, and logo usage. The FHLBank San Francisco communications team would be happy to review your content, provide descriptive language about the AHEAD Program, share a quote from the Bank, and amplify your social media posts. Please contact Chris Hammond, Associate Director, Corporate Communications for assistance with your promotional efforts.
