Federal Home Loan Bank Membership for Community Development Financial Institutions

Date

01/05/2010

Number

RIN-2590-AA18

Group

Federal Home Loan Banks

CFR

12 CFR 1263; 12 CFR 1290; 12 CFR 925; 12 CFR 944

Effective Date

Thu, 02/04/2010 - 12:00

FHLBank Membership for Community Development Financial Institutions

FOR FURTHER INFORMATION CONTACT: Sylvia Martinez, Senior Policy Analyst/Advisor, (202) 408-2825, sylvia.martinez@fhfa.gov; Amy Bogdon, Senior Advisor, (202) 408-2546, amy.bogdon@fhfa.gov, Division of Federal Home Loan Bank Regulation; Deattra Perkins, Community Development Specialist, (202) 408-2527, deattra.perkins@fhfa.gov, Division of Housing Mission and Goals. For legal questions contact Sharon B. Like, Associate General Counsel, (202) 414-8950, sharon.like@fhfa.gov. You can send regular mail to the Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

SUMMARY: Pursuant to the requirements of the Federal Home Loan Bank Act (Bank Act), as amended by section 1206 of the Housing and Economic Recovery Act of 2008 (HERA), the Federal Housing Finance Agency (FHFA) proposes to amend its membership regulations to authorize non-federally insured, CDFI Fund-certified community development financial institutions (CDFIs) to become members of a Federal Home Loan Bank (Bank). The newly eligible CDFIs include community development loan funds, venture capital funds and statechartered credit unions without federal insurance. This notice of proposed rulemaking sets out the eligibility and procedural requirements for CDFIs that wish to become members of a Bank.

DATES: FHFA will accept written comments on this proposed rule on or before July 14, 2009.

Public Comments

Below are a compilation of public comments made on this publication.

79 items

CSV

Date	First Name	Last Name	Organization	Comment
07/30/09	Judy	Kennedy	National Association of Affordable Housing Lenders	Mark Pinsky, Opportunity Finance Network View Comment Email: N/A Attachment: View Attachment
07/23/09	David	Price	Nuestra Development Fund, Inc.	View Comment Email: N/A Attachment: View Attachment
07/14/09	Andrew J.	Jetter	FHLBank of Topeka	View Comment Email: N/A Attachment: View Attachment
07/14/09	Daniel	Betancourt	Community First Fund	View Comment Email: N/A Attachment: View Attachment
07/14/09	Darlene	Tooley	N/A	View Comment Email: N/A Attachment: View Attachment
07/14/09	Dean	Schultz	FHLBank of San Francisco	View Comment Email: N/A Attachment: View Attachment
07/14/09	Eddie	Latimer	National NeighborWorks Association (NNA)	David C. Brown, National NeighborWorks Association (NNA); View Comment Email: N/A Attachment: View Attachment
07/14/09	Frank	Altman	Community Reinvestment Fund, USA (CRF)	View Comment Email: N/A Attachment: View Attachment
07/14/09	James K.	Rieker	Midwest Housing Development Fund, Inc.	View Comment Email: N/A Attachment: View Attachment
07/14/09	Jeffrey	Bloch	Credit Union National Association (CUNA)	View Comment Email: N/A Attachment: View Attachment
07/14/09	Jim	King	Federation of Appalachian Housing Enterprises, Inc. (FAHE)	View Comment Email: N/A Attachment: View Attachment
07/14/09	Juliana	Eades	New Hampshire Community Loan Fund	View Comment Email: N/A Attachment: View Attachment
07/14/09	Kristen	Blankley	Indianapolis Neighborhood Housing Partnership	View Comment Email: N/A Attachment: View Attachment
07/14/09	Lori	Chatman	Enterprise Community Loan Fund, Inc. (ECLF)	View Comment Email: N/A Attachment: View Attachment
07/14/09	M. Susan	Elliott	FHLBank of Boston	View Comment Email: N/A Attachment: View Attachment
07/14/09	Mary Martha	Fortney	National Association of State Credit Union Supervisors (NASCUS)	View Comment Email: N/A Attachment: View Attachment
07/14/09	Michael	Banner	Los Angeles LDC	View Comment Email: N/A Attachment: View Attachment
07/14/09	Michael M.	Horn	FHLBank of New York	View Comment Email: N/A Attachment: View Attachment
07/14/09	Milton J.	Miller	FHLBank of Indianapolis	View Comment Email: N/A Attachment: View Attachment
07/14/09	Nathaniel	James	North Carolina Community Development Initiative Capital, Inc	View Comment Email: N/A Attachment: View Attachment
07/14/09	Paul	Bradley	ROC USA	View Comment Email: N/A Attachment: View Attachment
07/14/09	Rebecca L.	Regan	Boston Community Capital	View Comment Email: N/A Attachment: View Attachment
07/14/09	Richard A.	Kumro	The Community Preservation Corporation	View Comment Email: N/A Attachment: View Attachment
07/14/09	Ronald	Griffith	Century Housing	View Comment Email: N/A Attachment: View Attachment
07/14/09	Sandra	Boone	N/A	View Comment Email: N/A Attachment: View Attachment