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| FHFA | RIN: 2590-AB37 | Publication ID: Spring 2025 |
| Title: Federal Home Loan Bank Affordable Housing Program Regulation Amendments | |
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Abstract:
The proposed rule is withdrawn. The Federal Home Loan Bank Act requires each Federal Home Loan Bank to 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 the implementing AHP regulation to streamline certain requirements and expand access to AHP programs. Revisions may have included updating AHP regulatory provisions for revolving loan funds, updating the AHP application process, assessing options for AMI flexibility in high-cost areas, increasing per household homeownership set-aside grants in high-cost areas, and revising certain project compliance and monitoring requirements to increase programmatic efficiency. |
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| 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) | |
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Legal Deadline:
None |
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Timetable:
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| 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 | |
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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 |
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