SAN FRANCISCO, May 1, 2014 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is pleased to announce that the Bank's Affordable Housing Advisory Council has elected a new chair, Ralph Lippman, and vice chair, Dean Matsubayashi. Mr. Lippman and Mr. Matsubayashi are currently serving on the Advisory Council, which provides expert guidance on affordable housing and economic development issues and helps shape the Bank's community investment grant programs and credit products. The 15 members of the Advisory Council are drawn from community and nonprofit organizations that are actively involved in producing or promoting affordable housing, community lending, or economic development.
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Ralph Lippman, Chair
Ralph Lippman is executive director of California Community Economic Development Association (CCEDA) and has been a member of the Advisory Council since 2008. Prior to joining CCEDA, Mr. Lippman worked for the Community Redevelopment Agency of the City of Los Angeles; American Indian Consultants, Inc.; Cabrillo Economic Development Corporation; and LISC. He has lectured at Pepperdine University and the University of Southern California, where he also served as director of program development for the USC School of Continuing Education. Mr. Lippman's areas of expertise include economic strategy, workforce development, securing financial capital and identifying wealth retention strategies, internal and external regional market creation, business coaching and support for entrepreneurs, job creation, and wealth and asset development strategies for households and individuals. He earned his Doctorate in Public Administration from USC and completed Harvard University's program for Senior Executives in State and Local Government.
Dean Matsubayashi, Vice Chair
Dean Matsubayashi is executive director of the Little Tokyo Service Center Community Development Corporation (LTSC) and has been a member of the Advisory Council since 2010. LTSC is a 34-year-old neighborhood-based social service and community development organization that provides a comprehensive set of programs, including counseling, case management, peer support groups, emergency assistance, health and consumer education, small business counseling, affordable housing development, child care programs, and community organizing and planning. LTSC serves over 18,000 clients a year and has developed more than 800 units of affordable housing. A native Angeleno, Mr. Matsubayashi grew up in the Venice/Culver City neighborhood. He received a B.A. from the University of California at Irvine and an M.A. in Public Policy, with a concentration in Urban Planning and Community Development, from the John F. Kennedy School of Government at Harvard University.
About the Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community programs that help members create affordable housing and promote community economic development. The Bank's members are headquartered in Arizona, California, and Nevada and include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions.
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Source:Federal Home Loan Bank of San Francisco