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FHFA | RIN: 2590-AB22 | Publication ID: Fall 2022 |
Title: ●Enterprise Duty To Serve Underserved Markets Amendments | |
Abstract:
This rule will amend the Duty to Serve regulation to add a definition of "colonia census tract," which will serve as a census tract-based proxy for a colonia, and to amend the definition of "high-needs rural region" by substituting colonia census tract for colonia. The rule will also revise the definition of "rural area" to include all colonia census tracts regardless of their location. These changes will facilitate the Enterprises’ ability to operationalize their Duty to Serve activities related to colonias and ensure that Enterprise activities in all colonia census tracts are eligible for Duty to Serve credit. |
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Agency: Federal Housing Finance Agency(FHFA) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 12 CFR 1282 | |
Legal Authority: 12 U.S.C. 4501 to 4502 12 U.S.C. 4511 12 U.S.C. 4526 12 U.S.C. 4561 to 4566 12 U.S.C. 4573 12 U.S.C. 4603 |
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.regulaitons.gov |
RIN Data Printed in the FR: No | |
Agency Contact: Ted Wartell Associate Director, Office of Housing and Community Investment, DHMG Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3157 Email: ted.wartell@fhfa.gov Dinah Knight Assistant General Counsel Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 748-7801 Email: dinah.knight@fhfa.gov |