Federal Home Loan Bank

FHLBank San Francisco is a regional Federal Home Loan Bank, operating as a wholesale institution primarily serving its member financial institutions rather than direct consumers. Its core mission revolves around supporting housing finance and community development, particularly in the realm of affordable housing.

The bank plays a crucial role in enabling homeownership and preserving existing affordable housing stock through various programs and investments. Notable initiatives include significant investments, such as a recent $52.6 million allocation to preserve affordable housing in San Francisco, and the WISH Program, which provides down payment assistance to help individuals achieve homeownership by combining grants with sweat equity.

While FHLBank San Francisco does not originate loans directly to the public, its strategic funding and grant programs empower its member banks and credit unions to offer essential support for homeowners and communities. This indirect approach allows them to broadly impact the housing market, focusing on making homeownership more accessible and sustainable for a diverse range of borrowers.