The Council of Federal Home Loan Banks (FHLBanks) recently praised the release of a report from the Federal Housing Finance Agency (FHFA) showcasing the banks’ significant contributions to affordable housing and community development initiatives in the previous year. The report outlined the various programs that FHLBanks participated in, emphasizing their commitment to supporting affordable housing and community development efforts.
Key points from the report include:
– FHLBanks’ involvement in the Affordable Housing Program (AHP) and other community development programs
– The growth and impact of FHLBanks’ initiatives in 2023
– The recognition and commendation from the FHFA for FHLBanks’ continued support of affordable housing and community development efforts.
You can read this full article at: https://www.housingwire.com/articles/fhlbanks-respond-to-fhfa-report-affordable-housing-investments/(subscription required)
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