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  • Comment Detail

  • Date: 04/24/18
    First Name: nora
    Last Name: lichtash
    Organization: Women's Community Revitalization Project
    City: N/A
    State: N/A
    Attachment: View Attachment
    Number: RIN-2590-AA83

  • Comment

    April 24, 2018 Submitted ElectronicallyAlfred M. Pollard, General CounselAttn: Comments/RIN 2590-AA83Federal Housing Finance Agency400 Seventh Street SWEighth FloorWashington, D.C. 20219Re: AHP Notice of Proposed Rule – Comment period extension requestDear Mr. Pollard:I am writing to request additional time to comment on the Federal Housing Finance Agency’s (“FHFA”) proposed Affordable Housing Program Amendments (“Proposed Rule”) issued on March 14, 2018, with a 60-day comment period ending May 14, 2018. The Proposed Rule introduces new and complex requirements that would result in significant changes to the Affordable Housing Program (“the AHP”). I am a non-profit developer who works for the Women’s Community Revitalization Project in Philadelphia and a member of FHLBank Pittsburgh’s Affordable Housing Advisory Council.Given the importance of the AHP to FHLB members, program sponsors, stakeholders, and the communities they serve, adequate time is needed to assess and respond to the Proposed Rule. Additionally, an extended comment period is consistent with similar requests made by the 11 FHLBanks and their Affordable Housing Advisory Councils (AHAC) at a joint meeting with the FHFA in October 2017, in anticipation of this proposal. For these reasons, I respectfully request that the conclusion of the comment period be extended at least an additional 30 days to June 14, 2018. We appreciate your consideration of this request. Sincerely,Nora LichtashExecutive DirectorWomen's Community Revitalization Project