FDIC Releases Second Volume in Affordable Housing Guide

The FDIC today released the second volume in its new guide to affordable single-family home loan programs, with a special focus on state-level housing finance programs. The first volume in the series, released earlier this year, covered federal and GSE programs, and a future installment will cover programs of the Federal Home Loan Banks.

The series of guides informs community bankers about programs to expand access to affordable mortgage credit, including programs targeted in rural and low- and moderate-income communities and to Native Americans and veterans. The guide is designed to help bankers compare different programs and their Community Reinvestment Act implications and to identify practical steps to participate.