Five GoWest Member Credit Unions Receive FHLBank San Francisco AHEAD Grants to Support Local Communities

Posted by Alyse Knudsen on September 15, 2026

Five GoWest member credit unions are among the recipients of this year’s Access to Housing and Economic Assistance for Development (AHEAD) grants from the Federal Home Loan Bank of San Francisco.

AHEAD grants help financial institutions and community partners create new opportunities in low- to moderate-income communities. Funding supports innovative initiatives that expand proven development models or pilot new approaches to addressing community needs.

Projects supported through AHEAD grants may focus on creating or preserving jobs, delivering job training and education programs, supporting small businesses and microenterprises, or addressing the unique economic development needs of populations including veterans, tribal communities, at-risk youth, individuals with disabilities, and formerly incarcerated individuals.

The GoWest member credit unions receiving 2026 awards are:

• Tucson Federal Credit Union – $152,000 for Compass Affordable Housing, Inc.
• Vantage West Credit Union – $200,000 for Community Investment Corporation and $200,00 for Sahuarita Food Bank and Community Resource Center
• Arizona Central Credit Union – $50,000 for Educare Arizona
• Arizona Financial Credit Union – $130,000 for Local First Arizona Foundation
• OneAZ Credit Union – $100,000 for The Foster Alliance

This year, the Federal Home Loan Bank of San Francisco received 441 applications requesting more than $72 million through its highly competitive AHEAD program. After review, 72 projects were selected to share $10 million in grant funding supporting economic development and financial stability efforts across Arizona, California, and Nevada.

Grant funding is awarded annually through a competitive application process and distributed through Federal Home Loan Bank member institutions. The program reflects the important role financial institutions play in connecting resources to local communities and advancing long-term economic opportunity.

Posted in Arizona, Community Impact, Regional Member News, Top Headlines.