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Federal Home Loan Bank Community Support Program—Administrative Amendments

Open Date:
Open for comment
Deadline:
All comments are due by
Type:
Final Rule
Number:
RIN-2590-AA96
Group:
 
FHLBanks; Office of Finance
Document Number:
2018-22451
CFR:
12 CFR Part 1290
CFR Description:
COMMUNITY SUPPORT REQUIREMENTS
Federal Register Publish Date:
View Document:
 
Contact Information:

​FOR FURTHER INFORMATION CONTACT: Ted Wartell, Manager, Office of Housing and Community Investment, 202-649-3157, ted.wartell@fhfa.gov; Deattra Perkins, Senior Policy Analyst, Office of Housing and Community Investment, 202-649-3133, deattra.perkins@fhfa.gov; or Marshall Adam Pecsek, Senior Counsel, Office of General Counsel, 202-649-3380, marshall.pecsek@fhfa.gov. (These are not toll-free numbers.) The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877-8339.​

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SUMMARY: The Federal Housing Finance Agency (FHFA) is issuing a final rule amending its community support regulation to require that FHFA establish relevant dates for FHFA’s biennial community support review by written notice to the Federal Home Loan Banks (Banks). The amendments do not affect the substantive requirements of the regulation and do not change the criteria for determining member compliance with the community support standards and eligibility for access to long-term Bank advances.

DATES: This final rule will take effect on November 15, 2018.

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