Report: FHLBanks’ support for affordable housing grew 67 percent in 2023
The 11 Federal Home Loan Banks approved approximately $446.9 million in total affordable housing program funds in 2023, representing a ...
Tag: Affordable housing
CDFI Fund guarantees $498M in bond funding for projects in low-income communities
The CDFI Fund announced an agreement to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program, the ...
CDFI Fund seeks public input on Capital Magnet Fund application
The CDFI Fund is seeking public comment on the application for the Capital Magnet Fund, which makes financial assistance grants ...
Podcast: ‘At the end of the day, it’s all about financial empowerment’
As chief corporate responsibility officer for Webster Bank, Marissa Weidner works across the bank's footprints and business lines to help ...
FHLBs: Treasury Department’s affordable housing proposal not sustainable
A request by Treasury Department officials to have the Federal Home Loan Banks voluntarily raise the percentage of net income ...
ABA suggests changes to broaden participation in FHLB affordable housing program
Many banks, especially smaller banks, do not have the resources or staffing to apply for funding through the Federal Home ...
FHFA affordable housing advisory committee to hold first meeting
FHFA announced that the first meeting of the Advisory Committee on Affordable, Equitable and Sustainable Housing will be held in ...
Treasury official urges Federal Home Loan Banks to spend more on affordable housing
During a recent meeting, Deputy Secretary of the Treasury Wally Adeyemo urged the leadership of the 11 FHLBs to do ...
ABA DataBank: Call before you dig
Policymakers should think twice before they adopt academic ideas about fixing the Federal Home Loan Banks.
FHFA announces first members of affordable housing advisory committee
FHFA announced the inaugural members of its Advisory Committee on Affordable, Equitable and Sustainable Housing.
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