SAN FRANCISCO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced that its Board of Directors has approved up to $45.7 million in voluntary grant funding for 2026, doubling the Bank's voluntary contribution rate from approximately 5% to 10% of prior-year net income. This increased commitment will significantly expand support for affordable housing supply, homeownership opportunities, and community development across its three-state district of Arizona, California, and Nevada.

For the fourth consecutive year, in 2026 the Bank is making an enhanced commitment of approximately 5% of its 2025 net income—$23.2 million—toward voluntary community investment programs. The Board also approved an additional $22.5 million voluntary mission contribution to the Bank's 2026 Affordable Housing Program (AHP). Together, these voluntary contributions total approximately 10% of the Bank's 2025 net income, double last year's voluntary funding rate of 5%. These voluntary contributions are in addition to the Bank's statutory contributions that fund its annual AHP.

"These enhanced voluntary commitments reflect the Board's confidence in our ...