Congressman Ciscomani Joins FHLBank San Francisco in Tucson to Address Affordable Housing Crisis Through Multi-Agency Efforts
2024年6月20日 - 1:33AM
In a dedicated effort to promote affordable housing solutions in
Arizona, Congressman Juan Ciscomani (AZ-06) hosted a roundtable
discussion with the Federal Home Loan Bank of San Francisco
(FHLBank San Francisco) at his district office in Tucson on
Tuesday, June 18. The roundtable brought together leaders in
affordable housing, community organizations, financial
institutions, and other stakeholders throughout the area to discuss
how multi-agency support and public-private partnerships across
government agencies could play a pivotal role in solving the
housing crisis in Arizona.
As the only member of the Arizona delegation to sit on the House
Appropriations Committee, earlier this year the Congressman played
a pivotal role in securing $26 million in federal funding for
community projects in his district and $45 million for Department
of Veterans Affairs programs. This funding will support multiple
initiatives in Arizona’s 6th Congressional District, including the
creation and preservation of housing for the elderly, workforce
development, rural community development, and water infrastructure
initiatives. During the roundtable, Congressman Ciscomani outlined
his plan for emergency legislation, which would authorize a
multi-agency Demonstration Program to encourage public-private
partnerships across government agencies with the goal of increasing
housing, and called for immediate collaboration to help solve the
housing crisis.
“As Arizona’s housing affordability crisis continues to worsen,
meetings like this are critical to finding solutions that will make
housing accessible for all Arizonans,” said Ciscomani. “This
discussion with stakeholders from a variety of industries
underscored the need for legislation like mine which authorizes a
multi-agency Demonstration Program. This program is designed to
encourage collaboration, innovation, and public-private
partnerships across government agencies to increase the production
of ‘workforce’ housing and housing affordability to lower-income
households. Thank you to the Federal Home Loan Bank of San
Francisco for facilitating this important discussion, which
strengthens our community’s collective efforts to improve access to
affordable housing.”
“There is an unprecedented and critical need to address housing
affordability throughout Arizona, and across our country as a
whole,” said Alanna McCargo, president and chief executive officer
of FHLBank San Francisco. “The Federal Home Loan Bank of San
Francisco is committed to our mission to address this persistent
challenge, and we continue to work diligently through our
Affordable Housing Program and community investment initiatives to
provide families and individuals the resources they need to access
a secure and affordable place to call home. We applaud Congressman
Ciscomani for giving the affordable housing crisis the time and
attention it deserves, and for bringing so many thought leaders
together to foster collaboration and work towards actionable
solutions.”
In addition to Congressman Ciscomani and senior members of
FHLBank San Francisco, the list of attendees included:
- David Adame, FHLBank San Francisco, Board Member
- Maryann Beerling, Compass Affordable Housing, Chief Executive
Officer, and FHLBank San Francisco, Affordable Housing Advisory
Council Member
- David Wohl, Newport SW, President
- Dale Cooper, Foothills Bank, VP & Chief Appraiser
- Sharee Adkins, GoWest Credit Union Association, Chief Impact
Officer & Foundation Executive Director
- Sandra Sagehorn-Elliott, Vantage West Credit Union,
President/CEO
- David Howell, Wells Fargo, SVP & Director of State &
Local Government Relations
- Eric Renaud, Pima Federal Credit Union,
President/CEO
- David Matthews, First Western Trust, Market
President
- Meghan Heddings, Family Housing Resources, Executive
Director
FHLBank San Francisco is dedicated to supporting housing
initiatives throughout its three-state region, including Arizona,
California, and Nevada. Since 1990, the Bank has awarded $1.3
billion in AHP grants to construct, preserve, or purchase over
150,000 units of quality rental and owner-occupied affordable
housing, including $32.9 million in 2023 alone. Together, the 11
regional FHLBanks that make up Federal Home Loan Bank System are
one of the largest privately capitalized sources of grant funding
for affordable housing in the United States.
About the Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco is a member-driven
cooperative helping local lenders in Arizona, California, and
Nevada build strong communities, create opportunity, and change
lives for the better. The tools and resources we provide to our
member financial institutions — commercial banks, credit unions,
industrial loan companies, savings institutions, insurance
companies, and community development financial institutions —
propel homeownership, finance quality affordable housing, drive
economic vitality, and revitalize whole neighborhoods. Together
with our members and other partners, we are making the communities
we serve more vibrant, equitable, and resilient.
Contact:
Tom Flannigan
tom.flannigan@fhlbsf.com