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Federal Housing Finance Board Invites Public Comments Concerning Proposed Changes to Data Collected From Affordable Housing Program Applicants

Tuesday, April 26, 2005 - 7:30AM

The Federal Housing Finance Board (FHFB) today invited public comments concerning proposed changes to the data it collects from applicants to its Affordable Housing Program (AHP). Under the AHP each member bank contributes at least 10 percent of its previous year's net earnings to subsidize the cost of affordable owner-occupied and rental housing targeted to individuals and families with incomes at or below 80 percent of the area median income.

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