ADVISORY/ABAG Finance Authority for Nonprofit Corporations Announces California Home Source Lease-Purchase Home Ownership Program

Business Wire, June 17, 2003

Business Editors

ADVISORY...for Friday (June 27)

--(BUSINESS WIRE)

WHAT:       Press Conference and Reception Announcing Homeownership
            Program serving Cities and Counties of the San Francisco
            Bay Area.

HOSTS:      ABAG Finance Authority for Nonprofit Corporations and the
            Association of Bay Area Governments

PROGRAM
PARTNERS:   Freddie Mac and California Housing Finance Agency

WHEN:       Friday, June 27, 2003
            10:00AM-11:30AM
            10:30AM Press Conference / 11:00AM Reception

WHERE:      Oakland City Hall Plaza
            One Frank H. Ogawa Plaza
            Oakland, CA 94612

MORE:       -- Program launches in June, during National Homeownership
               Month.
            -- Elected officials from the San Francisco Bay Area
               scheduled to attend.
            -- Unveils how program provides homeownership
               opportunities for those who have been denied because of
               credit difficulties, lack of credit history, lack of
               savings for a down payment, or a combination of these
               issues.
            -- Special guests demonstrate how homeownership empowers
               families and strengthens communities.

MEDIA:      To confirm attendance, please contact Loren Gonzalez at
            loren@monarchagency.com /818.509.1507.