Federal Home Loan Bank of San Francisco Allocates More than $14 Million to First-Time Homebuyer Programs

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.


More info...

SHARE
Avatar

California RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for California Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of California.

Contact:

Previous articleCalifornia Company Ordered to Cease and Desist Mortgage Modification Solicitations in Idaho
Next articleCT REIA Monthly Meeting – Tax Reduction Strategies With Al Aiello