Sunshine Act Meetings
| Published date | 22 February 2023 |
| Record Number | 2023-03782 |
| Citation | 88 FR 10899 |
| Court | Federal Election Commission |
| Section | Notices |
10899
Federal Register / Vol. 88, No. 35 / Wednesday, February 22, 2023 / Notices
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 16,
2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–03655 Filed 2–21–23; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL ELECTION COMMISSION
Sunshine Act Meetings
TIME AND DATE
: Tuesday, February 28,
2023 at 10:30 a.m. and its continuation
at the conclusion of the open meeting
on March 2, 2023.
PLACE
: 1050 First Street NE,
Washington, DC and virtual (this
meeting will be a hybrid meeting).
STATUS
: This meeting will be closed to
the public.
MATTERS TO BE CONSIDERED
:
Compliance matters pursuant to 52
U.S.C. 30109.
Information the premature disclosure of
which would be likely to have a
considerable adverse effect on the
implementation of a proposed
Commission action.
Matters concerning participation in civil
actions or proceedings or arbitration.
* * * * *
CONTACT PERSON FOR MORE INFORMATION
:
Judith Ingram, Press Officer, telephone:
(202) 694–1220.
(Authority: Government in the Sunshine Act,
5 U.S.C. 552b)
Laura E. Sinram,
Secretary and Clerk of the Commission.
[FR Doc. 2023–03782 Filed 2–17–23; 4:15 pm]
BILLING CODE 6715–01–P
FEDERAL HOUSING FINANCE
AGENCY
[No. 2023–N–3]
Federal Home Loan Bank Community
Support Program—Opportunity To
Comment on Members Subject to
Review
AGENCY
: Federal Housing Finance
Agency.
ACTION
: Notice.
SUMMARY
: The Federal Housing Finance
Agency (FHFA) is announcing that
FHFA will review all Federal Home
Loan Bank (Bank) members subject to
community support review in 2023
under FHFA’s community support
requirements regulation. This Notice
invites the public to comment on the
community support performance of
members subject to the review.
DATES
: Public comments on individual
Bank members’ community support
performance must be submitted to
FHFA on or before March 24, 2023.
ADDRESSES
: Comments on members’
community support performance should
be submitted to FHFA by electronic
mail at
hmgcommunitysupportprogram@
fhfa.gov or by fax to (202) 777–1209.
FOR FURTHER INFORMATION CONTACT
:
Mike Price, Senior Policy Analyst,
Division of Housing Mission and Goals,
(202) 649–3134, Michael.Price@fhfa.gov;
Shannon Fountain, Senior Policy
Analyst, Division of Housing Mission
and Goals, (202) 649–3501,
Shannon.Fountain@fhfa.gov; Tiffani
Moore, Supervisory Policy Analyst,
(202) 649–3304, Tiffani.Moore@fhfa.gov,
Federal Housing Finance Agency, Ninth
Floor, 400 Seventh Street SW,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION
:
I. Community Support Review
Section 10(g)(1) of the Federal Home
Loan Bank Act (Bank Act) requires
FHFA to promulgate regulations
establishing standards of community
investment or service that Bank
members must meet in order to
maintain access to long-term Bank
advances. See 12 U.S.C. 1430(g)(1). The
regulations promulgated by FHFA must
take into account factors such as the
Bank member’s performance under the
Community Reinvestment Act of 1977
(CRA), 12 U.S.C. 2901 et seq., and the
Bank member’s record of lending to
first-time homebuyers. See 12 U.S.C.
1430(g)(2). Pursuant to section 10(g) of
the Bank Act, FHFA has promulgated a
community support requirements
regulation that establishes standards
and criteria a Bank member must meet
in order to maintain access to long-term
Bank advances and establishes review
criteria FHFA must apply in evaluating
a member’s community support
performance. See 12 CFR part 1290. The
regulation includes standards and
criteria for the two statutory factors—
members’ CRA performance and
members’ record of lending to first-time
homebuyers. 12 CFR 1290.3. Only
members subject to the CRA must meet
the CRA standard. 12 CFR 1290.3(b). All
members subject to community support
review, including those not subject to
the CRA, must meet the first-time
homebuyer standard. 12 CFR 1290.3(c).
Members that have been certified as
community development financial
institutions (CDFIs) are deemed to be in
compliance with the community
support requirements and are not
subject to periodic community support
review, unless the CDFI member is also
an insured depository institution or a
CDFI credit union. 12 CFR 1290.2(d). In
addition, FHFA will not review an
institution’s community support
performance until it has been a Bank
member for at least one year. 12 CFR
1290.2(e).
Under the regulation, FHFA reviews
each applicable member once every two
years. Starting April 3, 2023, each
member that is subject to community
support review will be required to
submit a completed Community
Support Statement to FHFA. All
Community Support Statements for this
review cycle must be submitted by
October 31, 2023. FHFA will review the
community support performance of
each member after receiving the
member’s completed Community
Support Statement.
II. Public Comments
FHFA encourages the public to
submit comments by March 24, 2023, on
the community support performance of
Bank members subject to community
support review. Each Bank is required
to post a notice on its public website
and to notify its Advisory Council,
nonprofit housing developers,
community groups, and other interested
parties in its district of the opportunity
to submit comments on the community
support programs and activities of Bank
members subject to community support
review, with the name and address of
each such member. 12 CFR 1290.2(c)(1).
In reviewing a member for community
support compliance, FHFA will
consider any public comments it has
received concerning the member. 12
CFR 1290.2(c)(3). To ensure
consideration by FHFA, comments
concerning the community support
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