FHLBank San Francisco Host Habitat for Humanity Greater San Francisco Whitney Young...

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Mon Jun 29, 2009 3:00pm EDT 

FHLBank San Francisco Host Habitat for Humanity Greater San Francisco Whitney
Young Circle Build Day

Bank Executives, Civic Leaders Help New Homeowners Complete
Environmentally-Friendly Residences in Bayview-Hunters Point Area

SAN FRANCISCO, June 29 /PRNewswire-USNewswire/ -- The following is being
released by FHLBank of San Francisco:

Who:
    --  Mayor Gavin Newsom, City and County of San Francisco (invited)
    --  Supervisor Sophie Maxwell, District 10
    --  Lawrence H. Parks, Senior Vice President of External and Legislative
        Affairs for the FHLBank San Francisco
    --  Phil Ting, Assessor-Recorder, City and County of San Francisco
    --  Christine Carr, Manager Community Development Finance, Silicon Valley
        Bank


    --  Jim Murray, Director Government and Legal Affairs, Habitat for
Humanity
        Greater San Francisco



What:  As part of ongoing efforts to increase affordable homeownership, the
Federal Home Loan Bank of San Francisco (FHLBank San Francisco) in partnership
with Habitat for Humanity of Greater San Francisco are hosting a build day at
Whitney Young Circle, Habitat's newest housing development in San Francisco. 
Volunteers including bank officials and civic leaders will work alongside the
new homeowners to help complete their respective residences.

The seven new single-family homes are located in the Bayview-Hunters Point
neighborhood. Each home includes four bedrooms, two baths, a one-car garage,
and a host of environmentally-friendly components such as solar photovoltaic
roof panels and will accommodate residents with mobility impairments.  The
development received a $140,000 grant from the FHLBank San Francisco through
member institution, Silicon Valley Bank, allowing the mortgage of each home to
be reduced by $20,000. The homes will be owned by Chinese, Vietnamese and
African families who immigrated to the U.S.

When:Tuesday - June 30, 2009 -- 9 a.m. - 4:00 p.m. -- Press conference will be
held at 11:45 a.m.

Where:  Whitney Young Circle Intersection of Whitney Young Cir & Hudson Ave,
San Francisco




SOURCE  FHLBank of San Francisco

Alicia Ingram, +1-404-493-1724, for FHLBank of San Francisco
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