$9.8 Million in Affordable Housing Grants Awarded by Federal Home Loan Bank of San Francisco

Business Wire, July 1, 1996

Project: Irmas Center, Los Angeles Member: City National Bank Sponsor: L.A. Family Housing Corporation Subsidy: $276,000 for 69 very low-income rental units

Project: Leimert Park-Corridor Project, Los Angeles Member: American Savings Bank Sponsor: Corridor Economic Development Corporation Subsidy: $220,000 for 44 very low-income rental units

Project: Oxnard Village, Los Angeles Member: First Nationwide Bank Sponsor: Los Angeles Community Design Center Subsidy: $113,680 for 39 very low-income rental units

Project: Pasadena Scattered Sites Program, Pasadena Member: First Nationwide Bank Sponsor: Pasadena Neighborhood Housing Services Subsidy: $75,000 for 15 ownership units, 6 very low-income

Project: San Pedro House, Los Angeles Member: Citibank, FSB Sponsor: Skid Row Housing Trust Subsidy: $22,000 for 18 very low-income rental units

Project: Sheraton Town House, Los Angeles Member: American Savings Bank Sponsor: Hope-Net/The MacLeod Partnership Subsidy: $560,000 for 142 very low-income rental units

Project: Step Up On Second, Santa Monica Member: California Federal Bank Sponsor: A Community of Friends Subsidy: $190,708 for 36 very low-income rental units

Project: Upward Bound Senior Villa, Santa Monica Member: First Federal Bank of California Sponsor: Upward Bound House of Santa Monica Subsidy: $420,000 for 70 rental units; 69 very low-income

Project: West 28th Street Apartments, Los Angeles Member: California Federal Bank Sponsor: Catholic Charities Community Development Corporation Subsidy: $64,000 for 16 very low-income rental units

Project: Willis Avenue Project, Panorama City Member: Coast Federal Bank Sponsor: Habitat for Humanity of San Fernando/Santa Clarita Valleys Subsidy: $76,500 for 9 very low-income ownership units

MONTEREY COUNTY

Project: Las Jicamas Project, Soledad Member: American Savings Bank Sponsor: Soledad Local Development Corporation Subsidy: $184,000 for 46 very low-income rental units

Project: Plaza Grande, Salinas Member: Watsonville Federal Savings and Loan Association Sponsor: Monterey County Housing Authority Subsidy: $250,000 for 91 rental units; 86 very low-income

NAPA COUNTY

Project: Pecan Court/Schoolhouse Court, Napa Member: The Vintage Bank Sponsor: Napa Valley Family Homes & Housing Association for Napa Development Subsidy: $156,000 for 38 very low-income rental units

RIVERSIDE COUNTY

Project: Paseo de Los Poetas, Indio Member: American Savings Bank Sponsor: Coachella Valley Housing Coalition Subsidy: $105,000 for 21 very low-income rental units

SACRAMENTO COUNTY

Project: American River Village Townhomes, Sacramento Member: California Federal Bank Sponsor: Sacramento Mutual Housing Association, Inc. Subsidy: $487,500 for 125 rental units, 99 very low-income

Project: Auberry Park Apartments, Sacramento County Member: Bank of America Community Development Bank Sponsor: Community Housing Opportunities Subsidy: $147,305 for 112 very low-income rental units

Project: Kennedy Estates, Sacramento Member: California Federal Bank Sponsor: Rural California Housing Corporation Subsidy: $230,000 for 99 very low-income rental units