Core Points - Oak Valley Community Bank has received a $150,000 AHEAD grant from the Federal Home Loan Bank of San Francisco to support City Ministry Network's initiatives aimed at empowering Latino youth [1][4] - The grant will enhance the Hispanic Youth Leadership Clubs by introducing a "career ready" curriculum and launching Latino Leadership Circles at local colleges, providing coaching and professional networking opportunities [2][4] - The 2025 AHEAD Program awarded a total of $8 million in grants to 64 projects across Arizona, California, and Nevada, highlighting the demand for local economic development support [4] Company Overview - Oak Valley Community Bank is a wholly-owned subsidiary of Oak Valley Bancorp, operating 19 branches across California, offering various loan and deposit products [6] - The bank is committed to community investment and economic development, aligning its mission with the goals of the AHEAD grant program [3][4] Industry Context - The Federal Home Loan Bank of San Francisco plays a crucial role in supporting local lenders and community development initiatives, providing resources that drive economic vitality and affordable housing [8] - The AHEAD grant program is designed to address pressing needs in low- to moderate-income communities, reflecting a broader mission of economic support and community resilience [4][8]

Core Points - The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has awarded $8 million in economic development grants under the AHEAD program to support 64 projects across Arizona, California, and Nevada, aiming to create or preserve approximately 14,000 jobs [1][2] - The 2025 AHEAD program grants represent a 10% increase in total funding compared to the previous year, with each grant reaching up to $150,000 [2] - Since its inception 21 years ago, the AHEAD program has distributed over $40 million in grants to support nonprofit initiatives that address community needs and job creation [2] Economic Development Focus - The 2025 AHEAD grants will address various community needs, including job training (31%), entrepreneurship and microenterprise (17%), capacity building (14%), social services (13%), housing initiatives (8%), and other economic development efforts [4] - The program encourages collaboration between FHLBank San Francisco and nonprofit organizations to enhance community development expertise [3] Specific Initiatives - City National Bank will provide a $150,000 grant to the LA Conservation Corps for a Wildland Firefighter Training Program, aimed at equipping young adults from low-income families with firefighting skills [5] - Golden Valley Bank will grant $150,000 to the Chico Housing Action Team for a Rapid Rehousing Program, which includes rental assistance and support services for vulnerable populations [7] - Avenir Financial Credit Union will deliver a $150,000 grant to Arizona Western College for a Rural Spark initiative, offering bilingual business workshops for youth entrepreneurs [10] Organizational Commitment - FHLBank San Francisco is committed to fostering economic vitality and affordable housing by contributing up to 15% of its annual net profits to mission-aligned initiatives [7][11] - The AHEAD program is part of a broader set of community grant programs, including the Affordable Housing Program and various downpayment assistance initiatives [7]

Core Points - Oak Valley Community Bank has received approval for three Affordable Housing Program grants totaling $5.346 million to support housing initiatives in Stanislaus and Tuolumne counties [1][2][3] - The grants will fund projects that provide transitional housing and supportive services for vulnerable populations, including renovations and new constructions [2][3] - The Federal Home Loan Bank of San Francisco awarded a total of $49.7 million in AHP grants to 31 affordable housing projects in 2025, emphasizing the importance of community partnerships [4] Company Overview - Oak Valley Community Bank is a wholly-owned subsidiary of Oak Valley Bancorp, operating 18 branches across California and offering various loan and deposit products [8] - The bank is actively involved in community investment programs and advocates for affordable housing solutions [4][8] Industry Context - The Affordable Housing Program grants aim to address urgent housing needs for low- and moderate-income individuals in Arizona, California, and Nevada [4] - The FHLBank San Francisco plays a crucial role in supporting local lenders and enhancing community development through funding and resources [9]