FHLBank San Francisco Names Covarrubias, Duarte, Elliott, and León to Reasonably priced Housing Advisory Council

Federal Home Loan Bank of San Francisco

FHLBank San Francisco is appointing four new members to the Affordable Housing Advisory Council

The Federal Home Loan Bank of San Francisco has appointed Cesar Covarrubias, Patricia Duarte, Elizabeth Elliott and Maurilio León to its Affordable Housing Advisory Board

SAN FRANCISCO, Feb. 14, 2023 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of San Francisco is pleased to announce the appointment of Cesar Covarrubias, Patricia Duarte, Elizabeth Elliott and Maurilio León to its Affordable Housing Advisory Board (Advisory Board). give ).

The Advisory Board provides the bank with expert advice on affordable housing and economic development issues, as well as advice on FHLBank San Francisco’s community grant and loan programs.

New members of the Advisory Board are:

Cesar Covarrubias
Executive Director, The Kennedy Commission, Irvine, California

Cesar Covarrubias manages and provides strategic leadership for the Kennedy Commission’s advocacy and programs to improve affordable housing and improve the resilience of low-income families in Orange County, California. Mr. Covarrubias’ expertise combines more than a decade of experience in nonprofit management, affordable housing policy, advocacy and community building. Previously, Mr. Covarrubias coordinated the Commission’s efforts to develop and implement public policies and strategies for affordable housing at local government and state levels. Mr. Covarrubias has also worked with Orange County’s Fair Housing Council as a housing discrimination case manager, assisting clients with landlord-tenant issues. He serves on several nonprofit boards and holds a law degree from the Thomas Jefferson School of Law and a bachelor’s degree in political science and Spanish literature from California State University, Fullerton.

Patricia Duarte
Executive Vice President, Chicanos Por La Causa (CPLC), Phoenix, Arizona

Ms. Patricia Garcia Duarte joined CPLC in March 2022 to lead and manage homeownership initiatives and focus on building a homeownership ecosystem to narrow the wealth gap among Hispanic, Black, Asian, Indigenous and low-income people. Previously, she was President and CEO at Trellis, an Arizona nonprofit organization, for 16 years, where her responsibilities included creating a housing vision and leading the organization’s strategic goals to better serve customers, stakeholders and neighborhoods/communities. Headquartered in Phoenix, Arizona, CPLC is a multistate not-for-profit organization dedicated to five impact areas: Health and Human Services, Housing, Education, Economic Development and Advocacy. Ms. Garcia Duarte holds a bachelor’s degree in finance from Arizona State University’s College of Business.

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Elizabeth Eliot
Executive Secretary of the Northern Circle Indian Housing Authority (NCIHA), Ukiah, California

Led by Elizabeth Elliott, NCIHA has transitioned from a $4 million portfolio to a $38 million portfolio serving tribal members of a consortium across the United States. NCIHA was the first from the Tribally Designated Housing Authority to receive an AB1010 Exception Waiver for the Home and Home Key programs through the California Housing and Community Development Division. In this way, NCIHA has struggled to gain precedence in California’s exercise of the federally recognized tribal rights to sovereignty and self-determination in the successful application and award of the Home Investment Partnership and Home Key programs. Ms. Elliott started a movement to provide hope, healing and shelter. Ms. Elliott believes that in order to foster historical resilience in tribal communities, one must first provide safe housing for all.

Maurice Leon
Chief Executive Officer, Tenderloin Neighborhood Development Corporation (TNDC)

As CEO of TNDC, Maurilio León leads the organization towards its vision of advancing community well-being through affordable housing, food and wellness opportunities, and community advocacy. Mr. León has a combination of public and private sector work experience, including over ten years of work in the not-for-profit affordable housing, community and economic development sector. Most recently, he was Chief Operating Officer of Community Housing Opportunities Corporation (CHOC), an affordable housing and community development organization. Prior to this role at CHOC, Mr. León was Executive Vice President of Unity Council, a nationally recognized non-profit organization known for its innovative and successful approaches to community development. Mr. León also worked extensively in the financial industry and local government with such entities as the City and County of San Francisco, Office of the Assessor-Recorder, Federal Reserve Bank of San Francisco, Goldman Sachs, Providian Financial Corporation and JP Morgan Chase ( formerly Washington Mutual). Mr. León received a master’s degree in public policy from the John F. Kennedy School of Government at Harvard University and a bachelor’s degree in political science and education from the University of California, Berkeley.

Advisory Board members also elected David Paull, President of CORE Advisory Partners, as Chair and Holly Benson, President and Chief Executive Officer of Adobe Communities, as Vice Chair of the Advisory Board.

About the Federal Home Loan Bank of San Francisco

The Federal Home Loan Bank of San Francisco is a member-run cooperative that helps local lenders in Arizona, California and Nevada build strong communities, create opportunity and transform lives for the better. Our member financial institutions—commercial banks, credit unions, industrial lending firms, savings institutions, insurance companies, and community development financial institutions—depend on us to provide prompt access to low-cost financing, risk management tools, and affordable housing resources for community economic development. Together with our members and other partners, we make the communities we serve more resilient, just and vibrant.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d6d01a8-fb0c-4b93-b297-df4d341898b8

CONTACT: Media Contact: Mary Long Senior Director, Marketing Communications longm@fhlbsf.com 415.616.2556