MODESTO, Calif. – Valley First Credit Union has been awarded a grant from the Federal Home Loan Bank (FHLB) of San Francisco’s Affordable Housing and Economic Development (AHEAD) program.
This recognition underscores Valley First’s unwavering dedication to strengthening the Central Valley community through economic development and expanding opportunities for local residents.
As a member of the FHLB, Valley First Credit Union applied for and secured an AHEAD grant on behalf of STEP to support their impactful initiatives. This program, dedicated to promoting affordable housing and economic development in underserved communities, enables us to further STEP’s mission. We are honored to support their work and contribute to meaningful change in our community.
This year’s grant funds will further Valley First’s collaboration with Stanislaus Equity Partners (STEP), a leading community development organization in the Central Valley. Founded in 2021, STEP is dedicated to empowering Stanislaus County residents through access to asset-building opportunities, including housing, small business services, and affordable lending. Despite its relatively recent formation, STEP’s leadership brings decades of experience addressing economic disparities in underinvested communities.