Advancing Economic Opportunity and Building Community
A collaborative project of the Federal Home Loan Bank of San Francisco and the New World Foundation.
The Quality Jobs Fund is a major initiative to enhance community wealth and the potential of working families by seeding sustainable long-term community building programs in underserved communities in Arizona, California and Nevada. Our goal: to address the problems of inequality through quality job expansion and skill development.
The inequality that results from rising long-term underemployment and decline in homeownership has exacted a strong negative impact on people’s lives — locally and nationally. These conditions led us to engage in a research and planning process with local community leaders who shared challenges and best practices. Based on this work, we created the Quality Jobs Fund initiative to support the development of strong and sustainable working class communities.
Creating middle-class jobs is one of the best ways to enable more families to afford to buy a home and build robust communities.Greg SeiblyPresident & CEO, FHLBank San Francisco
The Quality Jobs Fund is a unique collaboration between two institutions that are aligned in their support of healthy families and communities: The Federal Home Loan Bank of San Francisco, a cooperative wholesale bank, supporting economic development across the West; and The New World Foundation, serving as a longtime trusted ally in community and economic equity.