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Federal Home Loan Bank of San Francisco Allocates More than $14 Million to First-Time...
San Francisco, CA - April 8, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of San Francisco has allocated $14.6 million to its 2010 Workforce Initiative Subsidy for Homeownership (WISH) and Individual Development and Empowerment Account (IDEA) first-time homebuyer programs. In this award cycle, 30 of the Bank’s member financial institutions reserved $10.25 million in WISH funds and $4.35 million in IDEA funds to help lower-income families and individuals become homeowners in Arizona, California, Nevada, and other states where Bank members do business. Nine institutions are participating in these programs for the first time.
