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Implement critical reforms that will produce a stronger and more resilient housing finance system.
FOSTER competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets that support sustainable homeownership and affordable rental housing; OPERATE in a safe and sound manner appropriate for entities in conservatorship; and PREPARE for eventual exits from the conservatorships.
2019 Conservatorships Strategic Plan
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Sylvia C. Martinez, Senior Policy Advisor, (202) 408–2825, email@example.com; Amy Bogdon, Senior Advisor, (202) 408–2546, firstname.lastname@example.org, Division of Federal Home Loan Bank Regulation; Neil R. Crowley, Deputy General Counsel, (202) 343–1316, email@example.com (not toll-free numbers), Office of General Counsel, Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The telephone number for the Telecommunications Device for the Deaf is (800) 877–8339.
There are currently no related dockets for the selected rule.
SUMMARY: The Federal Housing Finance Agency (FHFA) is amending its membership regulations to implement provisions of the Housing and Economic Recovery Act of 2008 (HERA) that authorized community development financial institutions (CDFIs) that have been certified by the CDFI Fund of the U.S. Treasury Department (CDFI Fund) to become members of a Federal Home Loan Bank (Bank). The newly-eligible CDFIs include community development loan funds, venture capital funds, and State-chartered credit unions without Federal insurance. This final rule sets out the eligibility and procedural requirements that will enable CDFIs to become members of a Bank and relocates part 925 in its entirety to part 1263. FHFA also is amending its community support regulations to provide that certified CDFIs may be presumed to be in compliance with the statutory community support requirements by virtue of their certification by the CDFI Fund and relocates part 944 in its entirety to part 1290.
DATES: This rule is effective February 4, 2010.
FOR FURTHER INFORMATION CONTACT: Sylvia C. Martinez, Senior Policy Advisor, (202) 408–2825, firstname.lastname@example.org; Amy Bogdon, Senior Advisor, (202) 408–2546, email@example.com, Division of Federal Home Loan Bank Regulation; Neil R. Crowley, Deputy General Counsel, (202) 343–1316, firstname.lastname@example.org (not toll-free numbers), Office of General Counsel, Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The telephone number for the Telecommunications Device for the Deaf is (800) 877–8339.
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