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Rep. Thompson and Federal Home Loan Bank of San Francisco Celebrate $1.6 Million in Grants to Davis Housing Projects

24 February 2006

News Advisory:


-- Two Housing Projects to Create 113 New Units for Low Income Seniors


WHO:


-- U.S. Rep. Mike Thompson (CA-1st)


-- Dwight Alexander, VP and director of legislative and regulatory affairs, Federal Home Loan Bank of San Francisco


-- Local bankers, elected officials and housing leaders


WHAT: Rep. Mike Thompson (CA-1st) will join the Federal Home Loan Bank of San Francisco (FHLBank), Neighborhood Partners and local elected officials to celebrate affordable senior housing and view the construction progress at Eleanor Roosevelt Circle, a 60-unit senior housing project of Davis Senior Housing Co-op. Last fall, two Davis housing projects received grants for $806,000, part of the $1.6 million in funding that the projects received from the FHLBank's Affordable Housing Program (AHP). Cooperatives and mutual housing in Davis have received the largest AHP awards per capita than any other county in the United States. The Davis housing projects are examples of the affordable housing that public-private partnerships can produce through the AHP.


WHEN: Thursday, Feb. 23, 1 p.m. to 2 p.m. (Program begins at 1:30 p.m.)


WHERE: Eleanor Roosevelt Circle, 675 Cantrill Dr., Davis, Calif. 95616


CONTACT: To schedule interviews contact Alicia Ingram at 404-493-1724


http://www.usnewswire.com/

Source: usnewswire


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