2024 Affordable Housing Program General Fund and Nevada Targeted Fund Awards Announced

On June 25, the Bank awarded $52.4 million in AHP General Fund grants in the 2024 funding competition. 50 projects will receive AHP subsidies helping to create over 3,250 units of affordable housing.

The Bank also awarded $9.4 million in AHP Nevada Targeted Fund grants to 9 projects, helping to create over 600 units of affordable housing.

View the complete list of 2024 General Fund and Nevada Targeted Fund award recipients.

To help members and sponsors promote their AHP General Fund or AHP Nevada Targeted Fund grant award, the Bank offers a communications toolkit that includes a sample news release template, language about the AHP, key messages, and guidance around FHLBank San Francisco's naming convention, logo usage, and social media handles. Grant recipients can connect with Bank staff to request a quote from the Bank about their award(s) for a press release, have your draft release or other promotional materials reviewed for accuracy by Bank staff, and request amplification of your social media posts that promote your grants. To access this assistance, please contact Chris Hammond with FHLBank San Francisco’s marketing and communications team.

Thanks to all who submitted an application in this year's funding competition. Those not awarded grants in this round are encouraged to reapply in the 2025 competition.

Available for your reference are sample 2024 AHP application packages as well as recorded application webinars for General Fund Rental Projects, General Fund Owner-Occupied Projects, and Nevada Targeted Fund Rental and Owner-Occupied Projects.