FHFA to Publish Final Rule for Federal Home Loan Banks’ AHP

Tuesday, November 27, 2018 - 9:15am

The Federal Housing Finance Agency will publish in the Federal Register Wednesday its final rule to amend regulations for the Federal Home Loan Banks’ Affordable Housing Program (AHP). The final rule authorizes additional authority to the banks to allocate their AHP funds, authorizes them to establish other competitive funds to target specific affordable housing needs in their district, provides the banks with additional flexibility in designing their scoring systems in their districts and more. The final rule is effective Dec. 27.