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Tri Counties Bank and FHLBank San Francisco Donate $180,000 to Affordable Homeownership
CHICO, Calif.--(BUSINESS WIRE)-- Tri Counties Bank, in partnership with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) through its
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[{"type":"text","content":" CHICO, Calif.--(BUSINESS WIRE)--\nTri Counties Bank, in partnership with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) through its Empowering Homeownership Matching Grant Program, awarded grants totaling $180,000 to Self-Help Enterprises (SHE), Greater Sacramento Urban League (GSUL), and the San Francisco Housing Development Corporation (SFHDC).\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250717883299/en/The Empowering Homeownership Grant awarded to Self-Help Enterprises provides HUD-approved housing counseling to families at every stage of the homebuying process. The Lopez family received the keys to their new home in April 2025.\n“Tri Counties Bank is proud to partner with FHLBank San Francisco to support more affordable housing throughout California,” said Rick Smith, President and CEO of Tri Counties Bank. “These grants, combined with the dedicated efforts of our nonprofit partners, empower families to invest in their financial futures by turning the dream of homeownership into reality.”\n\n\nFHLBank San Francisco launched the Empowering Homeownership matching grant program in 2022 to expand access to affordable homeownership opportunities for low-, moderate-, and middle-income individuals and families. As a member financial institution, Tri Counties Bank can request matching donations from FHLBank San Francisco at a ratio of $2 for every $1 Tri Counties Bank contributes, up to a maximum of $200,000, to approved housing counseling agencies like SHE, GSUL, and SFHDC.\n\n\n“We’ve invested millions in educating and empowering aspiring homeowners through our matching grant programs, including the Empowering Homeownership grant program,” said Eric Cicourel, Community Investment Officer at FHLBank San Francisco. “By partnering with member financial institutions like Tri Counties Bank and supporting local housing counseling agencies, we aim to equip families with the knowledge, resources, and confidence to make informed housing decisions—and to help make the American dream of homeownership more accessible to all.”\n\n\nSHE is a nationally recognized community development organization whose mission is to work together with low-income families to build and sustain healthy homes and communities. Their $75,000 grant will underwrite homeownership ...