SAN JOSE, Calif. – Meriwest CU is one of 24 members of the Federal Home Loan Bank of San Francisco that will administer $32.9 million in the FHLB’s affordable housing grants.
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Meriwest was awarded a $140,000 grant that will serve as a down payment for a Habitat for Humanity home for four low-income families in Cupertino.
The FHLB awarded the 24 members grants for 59 projects that will produce or preserve 2,958 units of housing affordable to lower-income individuals and families in Arizona, California, Florida, Illinois, Louisiana, North Carolina, Oklahoma and Oregon.
