FHLBank San Francisco Names Tom Dapice Community Investment Officer

Dapice to lead bank's affordable housing and economic development programs

Jan. 30, 2026 at 2:23pm by Ben Kaplan

Got story updates? Submit your updates here. ›

The Federal Home Loan Bank of San Francisco has promoted Tom Dapice to Senior Vice President and Community Investment Officer, succeeding Eric Cicourel, who is retiring. Dapice brings two decades of experience at FHLBank San Francisco, including 18 years in the Community Investment Department and two years in the Audit Department.

Why it matters

FHLBank San Francisco's community investment programs, including the Affordable Housing Program (AHP), Workforce Initiative Subsidy for Homeownership (WISH), Middle-Income Downpayment Assistance (MDPA), and Access to Housing and Economic Assistance for Development (AHEAD) programs, have delivered over $250 million in grants to provide downpayment assistance and support economic development projects across Arizona, California, and Nevada.

The details

As Community Investment Officer, Dapice will lead the bank's full suite of affordable housing and economic development programs. He has played a key role across FHLBank San Francisco's community investment initiatives throughout his tenure, and his leadership will be integral as the bank continues striving to make its communities more vibrant and resilient.

  • Dapice's promotion to Senior Vice President and Community Investment Officer is effective February 1, 2026.
  • Eric Cicourel, the previous Community Investment Officer, is retiring.

The players

Tom Dapice

Senior Vice President and Community Investment Officer at FHLBank San Francisco, with two decades of experience at the bank including 18 years in the Community Investment Department and two years in the Audit Department.

Eric Cicourel

The previous Community Investment Officer at FHLBank San Francisco, who is retiring.

Joe Amato

Interim president and CEO of FHLBank San Francisco.

Federal Home Loan Bank of San Francisco

A member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better.

Got photos? Submit your photos here. ›

What they’re saying

“I'm honored to lead our dedicated team of community investment professionals as we continue advancing the Bank's mission. Partnering with our members and nonprofit organizations to expand the supply of safe, high-quality affordable housing and to create economic opportunity across our district is work I care deeply about. I look forward to building on the strong foundation we've established and helping drive meaningful impact across the communities we serve.”

— Tom Dapice, Senior Vice President and Community Investment Officer (businessinsider.com)

“Tom's deep expertise, long-standing commitment to our mission, and comprehensive understanding of our programs make him exceptionally well suited to lead our community investment work. His leadership will be integral as we continue striving to make our communities more vibrant and resilient. I also want to extend our sincere thanks to Eric Cicourel for his invaluable contributions to the success and evolution of our community investment programs.”

— Joe Amato, Interim president and CEO (businessinsider.com)

The takeaway

FHLBank San Francisco's community investment programs have delivered over $250 million in grants to provide downpayment assistance and support economic development projects, and the promotion of Tom Dapice to lead these efforts signals the bank's continued commitment to building stronger, more vibrant communities across Arizona, California, and Nevada.