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FHLBank San Francisco’s Affordable Housing Advisory Council Reelects Chair and Elects New Vice Chair

SAN FRANCISCO, May 12, 2016 (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 re-elected Ralph Lippman to an additional one-year term as chair and has elected Laura Archuleta as vice chair. The Advisory Council 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.



A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/25946cd5-fb3b-4bd4-b8b0-8b4007ea2c1f

Ralph Lippman, Chair
Ralph Lippman, executive director of California Community Economic Development Association (CCEDA), has been involved in the community development field for over 35 years, working in local government, nonprofit development, and as a consultant. Prior to joining CCEDA, he worked for the Community Redevelopment Agency of the City of Los Angeles, American Indian Consultants, Inc., Cabrillo Economic Development Corporation, and Local Initiatives Support Corporation. Lippman has lectured at USC and Pepperdine University, and his 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 currently serves on the advisory boards of Comerica Bank, BBVA, California Association for Local Economic Development, and JPMorgan Chase, and in the United Way of Los Angeles’ Cabinet. Lippman received his Doctorate in Public Administration from USC.

Laura Archuleta, Vice Chair
Laura Archuleta’s commitment to affordable housing spans nearly 20 years. She joined Jamboree Housing Corporation in 1999 as an assistant director before assuming the responsibilities of president in 2001. She guided Jamboree from a small, Irvine-based local housing developer with 750 units to a statewide provider of affordable housing with more than 7,500 units for families, seniors, and individuals living with mental illness in over 75 communities. Archuleta has held positions in the public sector—including the cities of Garden Grove, Anaheim, Cypress, and Palmdale—as an advocate for the development and preservation of affordable homes throughout California. She is a member of the board of directors of the California Housing Consortium and the Building Industry Associations of California and Orange County. She holds a bachelor’s degree in Criminal Justice and a master’s degree in Public Administration from California State University, Fullerton.

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.

CONTACT: Mary Long, 415-616-2556 (office), 415-572-6717 (mobile), longm@fhlbsf.com

Source: Federal Home Loan Bank Of San Francisco