We’re excited to announce that the Federal Home Loan Bank (FHLB) of San Francisco recently awarded the Pajaro Valley Shelter Services and the Diversity Center Santa Cruz funds through the Access to Housing and Economic Assistance for Development (AHEAD) program.
Santa Cruz Community Credit Union (SCCCU) sponsored their applications and will deliver the $37,500 awarded to each organization (from the FHLB). “The FHLB requires sponsorship for these applications, and we’re thrilled we were able to help these organizations get the funds they need to continue to contribute so much to our community,” stated Beth Carr, SCCCU President/CEO.
The FHLB awarded only 45 out of 362 applicants this year. The AHEAD Program focuses on organizations that boost economic development activity and promote financial stability in their community. “Both of these organizations do so much for our community and are so deserving of this award,” stated Carr.
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