Privacy Act of 1974; Notice of modified system of records, FHFA-11, Transit Subsidy and Parking Program Records

SUMMARY:  In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is proposing to modify an existing system of records currently titled, “Transit Subsidy Program Records, FHFA-11.”  This system of records will consolidate and incorporate the records previously maintained in the “Parking Program Records, FHFA-12” system of records, 76 Fed. Reg. 33294 (June 8, 2011).  Effective upon publication of this notice, FHFA will maintain all transit benefit and parking program records within the revised FHFA-11 system of records to streamline recordkeeping, eliminate duplicative systems, and reflect current program operations.  As part of this consolidation, FHFA-12 is being formally rescinded and all relevant information maintained within that system is integrated into the updated FHFA-11 SORN.  FHFA-11 contains documentation, to the extent not covered by any other system, pertaining to employees who apply for and receive parking and transit subsidy program benefits for use in parking at or commuting to their official duty station whether by commercial or public transit systems, or by bicycle.  The records are used to administer the FHFA transit subsidy and parking program to determine eligibility; process applications; verify enrollment; track benefits and manage employee participation; facilitate and track reservations for government vehicles; and facilitate coordination with transit authorities, benefit administers, and the payroll office.  The proposed modifications include revising the: 1) title of the system; 2) system security classification; 3) system location; 4) system manager; 5) legal authorities for maintenance of the system; 6) purpose of the system; 7) categories of individuals covered by the system; and 8) categories of records maintained in the system. Changes also include the revision and addition of routine uses; removal of the Disclosure to Consumer Reporting Agencies section; and updating the policies and practices for storage of records, the policies and practices for the retrieval of records, the policies and practices for the retention and disposal of records, and the administrative, technical, and physical safeguards. Revisions also include minor updates for clarity and consistency.

DATES:  In accordance with 5 U.S.C. 552a(e)(4) and (11), this modified system of records will go into effect without further notice on October 13, 2026, unless otherwise revised pursuant to comments received.  New routine uses will go into effect on November 12, 2026.  Comments must be received on or before November 12, 2026.   FHFA will publish a new notice if the effective date is delayed for the Agency to review the comments or if changes are made based on comments received.