Bank housing goals.

CFR · 2024-01-01 · US · Title 12

(a) (i) A target level of 20 percent; or (ii) An alternative target level proposed by the Bank and approved by FHFA under paragraph (c) of this section. (2) (b) (1) A target level of 50 percent; (2) A percentage that is three percentage points greater than the percentage from the preceding calendar year; or (3) An alternative target level proposed by the Bank and approved by FHFA under paragraph (c) of this section. (c) (2) (i) Why the target level for the goal in paragraphs (a) and (b) of this section, as applicable, is infeasible; (ii) Why the Bank's proposed alternative target level is achievable; and (iii) How the Bank's proposed alternative target level will meaningfully further affordable housing mortgage lending in its district. (3) (ii) (iii) (4)

official document · source cfr-2024 · id 12:§ 1281.11