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FHFA RIN: 2590-AB35 Publication ID: Spring 2025 
Title: Federal Home Loan Bank Affordable Housing Program Retention Agreement and Subsidy Requirements 
Abstract:

The proposed rule is withdrawn. The Federal Home Loan Bank Act requires that each Federal Home Loan Bank establish an Affordable Housing Program (AHP) to subsidize the purchase, rehabilitation and construction of affordable rental and owner-occupied housing. 12 U.S.C. 1430(j).  The proposed rule would have amended several AHP program requirements, including a proposal to modify a calculation in the implementing AHP regulation that identifies the portion of the AHP subsidy that owners of owner-occupied units that were purchased with AHP subsidy must repay if they sell or refinance the unit during the five-year retention period.  The proposed rule would have also considered a change to the 5-year retention agreement requirement for owner-occupied units purchased with AHP subsidy on Tribal and sovereign land.  In addition, the proposed rule would hav addressed applications for additional AHP subsidy for previously approved AHP projects.   

 
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 
EO 14192 Designation: Independent agency 
CFR Citation: 12 CFR 1291   
Legal Authority: 12 U.S.C. 1430(j)    12 U.S.C. 4511(b)(2)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Withdrawn  04/07/2025 
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.fhfa.gov; www.regulations.gov   Public Comment URL: www.fhfa.gov; www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Tiffani Moore
Office of Affordable Housing and Community Investment
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3304
Email: tiffani.moore@fhfa.gov

Carey Whitehead
Assistant General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3630
Email: carey.whitehead@fhfa.gov

Leda Bloomfield
Senior Associate Director, Office of Affordable Housing and Community Investment, DHMG
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3415
Email: leda.bloomfield@fhfa.gov