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Federal Home Loan Banks Housing Goals 


In December 2010, FHFA published a final rule establishing housing goals for the Federal Home Loan Banks (FHLBanks) in the Federal Register. The housing goals measure the extent that acquired member assets programs of the FHLBanks are serving low- and very low-income families and families residing in low-income areas.

The housing goals for the FHLBanks are modeled on with the single-family housing goals for Fannie Mae and Freddie Mac (according to the statutory intent of the Housing and Economic Recovery Act of 2008) but they take into account the unique characteristics of the FHLBanks.  In addition, the Federal Home Loan Bank Act required each of the Federal Home Loan Banks  to establish an Affordable Housing Program.

The FHLBanks purchase loans from their members under the acquired member assets program, a whole loan mortgage purchase program.

The FHLBanks’ housing goals performance is based on single-family whole loans purchased through their acquired member assets programs. In 2021, 10​ of the 11 FHLBanks purchased whole loans through those program.

FHFA publishes an annual summary of the FHLBanks' housing and community investment programs in the Low-Income Housing and Community Development Activities of the FHLBanks Report.


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