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FHLBank Membership for Community Development Financial Institutions

Publication Details
Type
Proposed Rulemaking
Document Number
E9-11329
Federal Register Publish Date
05/15/2009
Comment Open Date
05/15/2009
Comment End Date
07/14/2009
Comment Status
Closed
Rulemaking Details
Rulemaking

FHLBank Membership for Community Development Financial Institutions

Contact Information

FOR FURTHER INFORMATION CONTACT: Sylvia Martinez, Senior Policy Analyst/Advisor, (202) 408-2825, sylvia.martinez@fhfa.gov; Amy Bogdon, Senior Advisor, (202) 408-2546, amy.bogdon@fhfa.gov, Division of Federal Home Loan Bank Regulation; Deattra Perkins, Community Development Specialist, (202) 408-2527, deattra.perkins@fhfa.gov, Division of Housing Mission and Goals. For legal questions contact Sharon B. Like, Associate General Counsel, (202) 414-8950, sharon.like@fhfa.gov. You can send regular mail to the Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: Pursuant to the requirements of the Federal Home Loan Bank Act (Bank Act), as amended by section 1206 of the Housing and Economic Recovery Act of 2008 (HERA), the Federal Housing Finance Agency (FHFA) proposes to amend its membership regulations to authorize non-federally insured, CDFI Fund-certified community development financial institutions (CDFIs) to become members of a Federal Home Loan Bank (Bank). The newly eligible CDFIs include community development loan funds, venture capital funds and statechartered credit unions without federal insurance. This notice of proposed rulemaking sets out the eligibility and procedural requirements for CDFIs that wish to become members of a Bank.

DATES: FHFA will accept written comments on this proposed rule on or before July 14, 2009.​
 

Public Comments people-icon

Below are a compilation of public comments made on this publication.

79 items
Date Sort ascending First Name Last Name Organization Comment
Tracey Fischer Oweesta Corporation View CommentView Comment Email: N/A
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Richard A. Kumro The Community Preservation Corporation View CommentView Comment Email: N/A
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Daniel Betancourt Community First Fund View CommentView Comment Email: N/A
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Jeffrey Bloch Credit Union National Association (CUNA) View CommentView Comment Email: N/A
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M. Susan Elliott FHLBank of Boston View CommentView Comment Email: N/A
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Jeanne M. Golliher Cincinnati Development Fund View CommentView Comment Email: N/A
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Kirk R. Malmberg FHLBank of Atlanta View CommentView Comment Email: N/A
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Stanley Tom N/A View CommentView Comment Email: N/A
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Clifford N. Rosenthal National Federation of Community Development Credit Unions View CommentView Comment Email: N/A
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Ann M. Grochala Independent Community Bankers of America (ICBA) View CommentView Comment Email: N/A
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Dana A. Yealy FHLBank of Pittsburgh View CommentView Comment Email: N/A
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Terry Smith FHLBank of Dallas View CommentView Comment Email: N/A
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Susan M. Duren Washington Community Reinvestment Association View CommentView Comment Email: N/A
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Judith A. Kennedy National Association of Affordable Housing Lenders View CommentView Comment Email: N/A
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Doris R. Schnider Delaware Community Investment Corporation View CommentView Comment Email: N/A
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Toby Lieberman N/A View CommentView Comment Email: N/A
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Susan T. Robbins Community Developement Trust (cdt) View CommentView Comment Email: N/A
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Arnold Cohen N/A View CommentView Comment Email: N/A
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Michael K. Guttau FHLBank of Des Moines Lynn V. Schneider, FHLBank of Des Moines; Donovan D. Mouton, FHLBank o…View Comment
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Ronald L. Phillips Coastal Enterprises Inc. (CEI) View CommentView Comment Email: N/A
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Carol Wayman Corporation for Enterprise Developement (cfed) View CommentView Comment Email: N/A
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Kate Little Ga. State Trade Association of Nonprofit Developers View CommentView Comment Email: N/A
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Organizations Representing the Nations CDFIs View CommentView Comment Email: N/A
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Donna R. Warshaw RCAP Solutions Financial Services, Inc. View CommentView Comment Email: N/A
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Jocelyn Gallant N/A View CommentView Comment Email: N/A
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