; Whereas in 1998, Lawrence Parks joined the staff of the Federal Home Loan Bank of San Francisco; Whereas in 2004, Timothy Simons joined the staff of the Federal Home Loan Bank of San Francisco; Whereas Mr. Parks currently serves as Senior Vice President, External and Legislative Affairs of the Federal Home Loan Bank of San Francisco; Whereas Mr. Simons currently serves as the Vice President and Senior Compliance Officer of the Legislative and Regulatory Affairs Unit of the Federal Home Loan Bank of San Francisco; Whereas Mr. Parks and Mr. Simons provided Congress with information on diversity in the financial services industry; Whereas in 2008, Congress passed the Housing and Economic Recovery Act; Whereas section 1116 of the Housing and Economic Recovery Act created an Office of Minority and Women Inclusion at Fannie Mae, Freddie Mac, and the Federal Home Loan Banks; Whereas in 2016, the Federal Home Loan Bank of San Francisco announced that Los Angeles will be one of five cities participating in its Quality Job Growth and Business Expansion Financing Initiative, which will provide $40 million in grants to support job development and small to mid-tier businesses; Whereas Mr. Parks and Mr. Simons developed this program and were critical in its implementation; Whereas following the announcement of this program, Mr. Parks and Mr. Simons held a series of roundtables in the five participating cities to discuss best practices for growing quality jobs in the region; and Whereas one such roundtable took place at Los Angeles Southwest College: Now, therefore, be it