SAN FRANCISCO, April 16, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced a $13 million commitment to its 2024 WISH matching grant program to provide funding for downpayment assistance to lower-income families and individuals. The WISH Program is designed to help eligible lower-income families and individuals throughout Arizona, California, and Nevada achieve the dream of homeownership. As part of this year's initiative, the FHLBank San Francisco will partner with its member institutions to deliver 4-to-1 matching grants, up to the Federal Housing Finance Agency's annual maximum subsidy of $30,806 to aspiring homeowners. "We designed the WISH Program with one goal in mind: to extend resources and funding to thousands of families who are left without the downpayment means necessary to secure a mortgage and buy a home," said Teresa Bryce Bazemore, CEO and president of FHLBank San Francisco. "The WISH Program has been an important initiative for decades and we are confident that the 2024 program will deliver real impact across our regional footprint. We invite our member financial institutions to join us in this ...