FHFA Issues Proposed Rule Amending Federal Home Loan Banks’ Affordable Housing Program Regulation

 

On March 6, 2018, the Federal Housing Finance Agency (“FHFA“) requested comments on amendments it proposed that relate to regulations that apply to the Federal Home Loan Banks’ Affordable Housing Program.  The changes were designed to permit “the [Federal Home Loan Banks] more flexibility to align their [Affordable Housing Program] funds with the distinct affordable housing needs in their districts.” Release.