Home > 1994 Unified Agenda > ua25ap94 4794. PRICING OF COMMUNITY INVESTMENT PROGRAM ADVANCES...

ua25ap94 4794. PRICING OF COMMUNITY INVESTMENT PROGRAM ADVANCES...


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_______________________________________________________________________

Part LII




 
Federal Housing Finance Board





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Semiannual Regulatory Agenda


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FEDERAL HOUSING FINANCE BOARD (FHFB)                                   
  
  
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FEDERAL HOUSING FINANCE BOARD

12 CFR Ch. IX

Agenda of Federal Regulations

AGENCY: Federal Housing Finance Board.

ACTION: Publication of agenda items.

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SUMMARY: The Federal Housing Finance Board (Finance Board) hereby 
publishes items for the Unified Agenda of Federal Regulations. These 
items reflect the status of the regulatory agenda of the Finance Board 
as of April 1, 1994. The Finance Board is an independent agency in the 
executive branch of Government and is the regulator of the Federal Home 
Loan Bank System and the Financing Corporation. The Finance Board has 
an ongoing need to adopt various regulations dealing with its internal 
administration and the Federal Home Loan Bank System.

ADDRESSES: Executive Secretariat, Federal Housing Finance Board, 1777 F 
Street NW., Washington, DC 20006, (202) 408-2837.

FOR FURTHER INFORMATION CONTACT: Brandon B. Straus, Attorney-Advisor, 
Office of Legal and External Affairs, Room 326, Federal Housing Finance 
Board, 1777 F Street NW., Washington, DC 20006, (202) 408-2589.

By the Federal Housing Finance Board.

Elaine L. Baker,

Executive Secretary.
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FEDERAL HOUSING FINANCE BOARD (FHFB)                      Prerule Stage
  
  
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4791. COMMUNITY INVESTMENT PROGRAM

Significance:
Economically significant: Undetermined
Regulatory Plan entry: Undetermined

Legal Authority:  12 USC 1422a; 12 USC 1422b; 12 USC 1430(i)

CFR Citation:  12 CFR 961

Legal Deadline: None

Abstract: Pursuant to section 721 of the Financial Institutions Reform, 
Recovery and Enforcement Act of 1989, Pub. L. 101-73, 103 Stat. 423, 
the Federal Home Loan Banks must establish a Community Investment 
Program (``Program'') which will provide funds, through Bank advances 
(loans) to a Bank's member institutions at interest rates equal to 
interest rates on Federal Home Loan Bank consolidated bonds or notes 
having comparable maturity dates with the advances. These advances will 
be used by the member institutions to provide funding for community-
oriented development projects or housing. These regulations will 
continue the commitment of the Federal Home Loan Banks to community 
development lending.

Timetable: Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sylvia Martinez, Director, Housing Finance Directorate, 
Federal Housing Finance Board, 1777 F Street NW., Washington, DC 20006, 
202 408-2825

RIN: 3069-AA05
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FEDERAL HOUSING FINANCE BOARD (FHFB)                Proposed Rule Stage
  
  
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4792. PAPERWORK REDUCTION ACT--COLLECTION OF INFORMATION CONTROL NUMBERS

Legal Authority:  44 USC 3506

CFR Citation:  12 CFR 908

Legal Deadline: None

Abstract: The Finance Board will adopt a new part 908 to its general 
regulations that will display its current information control numbers 
issued by the Office of Management and Budget for the Finance Board's 
forms that require the collection of data.

Timetable:
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Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            07/00/94
NPRM Comment Period End         09/00/94

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: David A. Guy, Associate General Counsel, Federal 
Housing Finance Board, 1777 F Street NW., Washington, DC 20006, 202 
408-2536

RIN: 3069-AA25
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FEDERAL HOUSING FINANCE BOARD (FHFB)                Proposed Rule Stage
  
  
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4793. PRACTICE BEFORE THE BOARD OF DIRECTORS

Significance:
Economically significant: Undetermined
Regulatory Plan entry: Undetermined

Legal Authority:  12 USC 1422b; 5 USC 504; 5 USC 554 to 557

CFR Citation:  12 CFR 914

Legal Deadline: None

Abstract: The Finance Board is proposing to adopt a regulation setting 
forth the rules for adjudicatory proceedings before the Finance Board.

Timetable:
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Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            07/00/94
NPRM Comment Period End         09/00/94

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David A. Guy, Associate General Counsel, Federal 
Housing Finance Board, 1777 F Street NW., Washington, DC 20006, 202 
408-2536

RIN: 3069-AA31
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FEDERAL HOUSING FINANCE BOARD (FHFB)                Proposed Rule Stage
  
  
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4794. PRICING OF COMMUNITY INVESTMENT PROGRAM ADVANCES

Significance:
Economically significant: Undetermined
Regulatory Plan entry: Undetermined

Legal Authority:  12 USC 1422b; 12 USC 1430

CFR Citation:  12 CFR 935

Legal Deadline: None

Abstract: The Finance Board is proposing to amend its regulations to 
establish guidelines for pricing Community Investment Program advances.

Timetable:
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Action                            Date                      FR Cite

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NPRM                            07/00/94
NPRM Comment Period End         09/00/94

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James H. Gray Jr., Associate General Counsel, Federal 
Housing Finance Board, 1777 F Street NW., Washington, DC 20006, 202 
408-2552

RIN: 3069-AA32
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FEDERAL HOUSING FINANCE BOARD (FHFB)                Proposed Rule Stage
  
  
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4795. MODIFICATION OF COMMUNITY SUPPORT REGULATION

Significance:
Economically significant: Undetermined
Regulatory Plan entry: Undetermined

Legal Authority:  12 USC 1430(g)

CFR Citation:  12 CFR 936

Legal Deadline: None

Abstract: The Finance Board issued an advance notice of proposed 
rulemaking requesting public comment to assist the Finance Board in 
amending its Community Support regulations to provide standards for the 
community support requirements for insurance company and credit union 
members of the Federal Home Loan Bank System.

Timetable:
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Action                            Date                      FR Cite

_________________________________________________________________________

ANPRM                           09/02/93                    58 FR 46469
ANPRM Comment Period End        12/31/93                    58 FR 58305
NPRM                            07/00/94
NPRM Comment Period End         09/00/94

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bruce W. McDougal, Attorney-Advisor, Federal Housing 
Finance Board, 1777 F Street NW., Washington, DC 20006, 202 408-2505

RIN: 3069-AA35
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FEDERAL HOUSING FINANCE BOARD (FHFB)                   Final Rule Stage
  
  
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4796. BANK REQUEST FOR INFORMATION

Significance:

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