Rancho Cucamonga, Calif. – National CORE, one of the nation’s largest nonprofit developers of affordable housing, has secured $4 million in grants from the Federal Home Loan Bank of San Francisco to help develop 240 affordable apartment homes for seniors in Southern California.
The grants are part of the bank’s 2026 Affordable Housing Program, which awarded $66.3 million in grants to support 45 affordable housing communities. Working through member financial institutions, the program helps finance the construction, preservation and rehabilitation of affordable housing in California, Arizona and Nevada.
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