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FHFA RIN: 2590-AA04 Publication ID: Fall 2010 
Title: Affordable Housing Program Amendments: Federal Home Loan Bank Mortgage Refinancing Authority 
Abstract: This regulation implements statutory changes and makes appropriate conforming amendments to the existing Affordable Housing Program (AHP) regulation administered by each of the Federal Home Loan Banks (Banks). The regulation authorizes the Banks, until July 30, 2010, to use AHP subsidies through the homeownership set-aside program to refinance certain qualifying mortgage loans. Such loans must be secured by a first mortgage on a primary residence of any family having an income at or below 80 percent of the median income for the area. The amended regulation broadens the scope of the refinancing program authority and provides the Banks greater flexibility in implementing the program. 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 1291   
Legal Authority: 12 USC 1430(j)(2)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  10/17/2008  73 FR 61660   
Interim Final Rule Effective  10/17/2008    
Interim Final Rule Comment Period End  12/16/2008    
Second Interim Final Rule  08/04/2009  74 FR 38514   
Second Interim Final Rule Effective  08/04/2009    
Second Interim Final Rule Comment Period End  10/05/2009    
Final Action  05/28/2010  75 FR 29877   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.regulations.gov; www.fhfa.gov   Public Comment URL: www.regulations.gov; or by email: regcomments@fhfa.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Sharon Like
Managing Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3057
Email: sharon.like@fhfa.gov