FHLBank San Francisco Invests $10 Million to Preserve Affordable Housing in Arizona

SAN FRANCISCO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced a $10 million investment in a Freddie Mac bond issuance that will support the continuing affordability of 436 housing units for low-income residents in Phoenix.

"We are proud to be able to support these much-needed affordable housing units by investing in mission-consistent securities that benefit people and communities in our region," said Joe Amato, interim president and CEO of FHLBank San Francisco. "Consistent with our commitment to provide reliable low-cost liquidity to our members and deliver resources to support affordable housing and community investment, we will continue to seek opportunities to invest in preserving the affordability of housing in Arizona and in other communities we and our members serve."

FHLBank San Francisco's $10 million investment to support affordable housing in Phoenix follows other significant investments to help develop affordable housing in its region, including $6.7 million ...