Santa Cruz CCU Wins FHLB Grant

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The Federal Home Loan Bank of San Francisco has awarded Santa Cruz Community CU a $135,000 grant under its Affordable Housing Program, which the credit union will use to provide low-cost funding for the Grace Commons community counseling center in Santa Cruz.

The San Francisco bank awarded a total of $23.4 million to 60 projects which will provide low-cost funding to renovate 3,679 affordable housing units in Arizona, California, Florida, Illinois, Nevada, Oregon, Tennessee, and Texas.

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