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FHLBank San Francisco Awards $3.5 Million in Grants for Pandemic Relief and Economic Development to 97 Nonprofit Organizations

Sep 24, 2020 - GlobeNewswire
Donations and Philanthropy

SAN FRANCISCO, Sept. 24, 2020 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco awarded  $3.5 million in grants to 97  nonprofits through its 2020 AHEAD Program. The grants, delivered by FHLBank San Francisco member financial institutions to nonprofits in Arizona, California, and Nevada, are aimed at providing both immediate and long-term pandemic relief and boosting economic development in lower-income communities.

AHEAD is an annual economic development grant program...