Central Valley Community Bancorp : CVCB Assists Nonprofits with Ahead Program Grants (PDF 153K)

FOR IMMEDIATE RELEASE

CONTACT: Debbie Nalchajian-Cohen [phone]

CENTRAL VALLEY COMMUNITY BANK ASSISTS NONPROFITS

WITH AHEAD PROGRAM GRANT AWARDS TOTALING $150,000

FRESNO, CALIFORNIA… January 6, 2021…James M. Ford, President and CEO of Central Valley Community Bank (Bank), is pleased to announce that four nonprofits have each received $37,500 Federal Home Loan Bank of San Francisco (FHLBank San Francisco) AHEAD Program grants as a result of the Bank's 2020 submission of grant applications on their behalf. This is the first time the Bank has been responsible for the awarding of four grants in the same year with funded dollars totaling $150,000. The Bank's AHEAD Program Grant recipients include:

• El Dorado County Community Health Center "Infections Disease & Medical Training Program"
  (El Dorado County)
• Neighborhood Industries "Take Care" Project (Fresno County)
• Placer Food Bank "Be Cool" Project (Placer County)
• Stockton Shelter for the Homeless "Welcome Home" Project (San Joaquin County)
  "For over forty years, Central Valley Community Bank has proudly invested in the businesses that

make our communities strong," said Ford. "We couldn't be more proud of assisting four deserving organizations that are serving their communities through job training and housing opportunities or navigating the effects of the pandemic. Their work is truly inspiring. Thank you to FHLBank San Francisco for allowing these nonprofits to further serve their communities."

AHEAD Program grants provide funding for targeted economic development projects and programs that benefit lower-income communities. Grants are awarded annually to members partnering with local nonprofits or agencies to meet diverse local needs. In response to the economic shocks caused by the COVID-19 crisis, FHLBank San Francisco increased its planned 2020 funding allocation by $2 million, for a total of $3.5 million in AHEAD grants. FHLBank awarded the $3.5 million to 97 member-sponsored

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projects that will boost economic development activity in underserved and low-income communities or provide immediate and long-term pandemic relief, including food, clothing, rental assistance, homeless services, health services and other support to the communities served.

"We congratulate Central Valley Community Bank on submitting four successful applications for AHEAD grants this year," said Marietta Núñez, Senior Vice President and Community Investment Officer at FHLBank San Francisco. "These four grant recipients provide essential services and resources to meet both the long-term and urgent needs of vulnerable members of their communities, and their solutions matter even more during this stressful and uncertain time."

Central Valley Community Bank Economic Development Grant Recipients

• El Dorado County Community Health Center provides medical access for uninsured, underinsured, undocumented and other low-income patients, while also employing over 150 people. The AHEAD Program grant will provide students from the local community with an externship within the Federally Qualified Health Center setting, focusing on primary care services, integrated behavioral health services and specialty services, allowing these students to successfully secure and retain careers in the health care industry.
• Stockton Shelter for the Homeless, the largest emergency homeless shelter in San Joaquin County, addresses the needs of the homeless by providing safe shelter, basic necessities and a structured opportunity to regain self-sufficiency. The AHEAD grant will provide continued support to the "Welcome Home" program, and will partially fund a case manager at the men's shelter who

will identify men able to be placed into permanent housing with six months of support, as well as other needed programs for jobs, in-home care and drug and alcohol treatment.

Central Valley Community Bank Pandemic Relief Grant Recipients

• Neighborhood Industries, serving Fresno County, provides workforce development services and job training to low-income individuals. The AHEAD Program grant money will be used to expand its "Take Care" project, which is a grocery relief program for those affected by the COVID-19 pandemic, while also providing employment opportunities. Through the grant funding, the goal is to increase the weekly impact from 594 delivered grocery boxes to 1,000 boxes, through March 2021, which in turn will also create additional employment opportunities.
• Placer Food Bank, located in Placer County and serving 4,000 square miles of territory, is a leading hunger-relief distribution hub serving food banks, food closets, pantries, shelters and more. The AHEAD Program grant money will ensure continuity of operations during COVID-19. Project
  "Be Cool" includes building a new storage unit to store USDA shipments of at least 250,000 pounds of perishable goods per month for at least the next six months.
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About Central Valley Community Bank

Central Valley Community Bancorp trades on the NASDAQ stock exchange under the symbol CVCY. Central Valley Community Bank, headquartered in Fresno, California, was founded in 1979 and is the sole subsidiary of Central Valley Community Bancorp. Central Valley Community Bank operates full-service offices throughout California's San Joaquin Valley and Greater Sacramento regions. Additionally, the Bank operates Commercial Real Estate Lending, SBA Lending and Agribusiness Lending Departments.

Members of Central Valley Community Bancorp's and the Bank's Board of Directors are: Daniel J. Doyle (Chairman), Daniel N. Cunningham (Vice Chairman), F. T. "Tommy" Elliott, IV, James M. Ford, Robert J. Flautt, Gary D. Gall, Andriana Majarian, Steven D. McDonald, Louis C. McMurray, Karen Musson, Dorothea D. Silva and William S. Smittcamp. Sidney B. Cox is Director Emeritus.

More information about Central Valley Community Bancorp and Central Valley Community Bank can be found at www.cvcb.com. Also, visit Central Valley Community Bank on LinkedIn, Facebook and Twitter.

About FHLBank San Francisco

FHLBank San Francisco is a member-driven cooperative helping local lenders in Arizona, California and Nevada strengthen communities, create opportunity and change lives for the better. The tools and resources provided to its member financial institutions promote homeownership, expand access to quality housing and boost economic development. AHEAD grants are awarded annually and delivered through the Bank's member financial institutions to local community organizations for projects and programs that benefit lower-income and underserved communities.

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