Notice2025-20124
Proposed Collection; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
November 18, 2025
Issuing agencies
Federal Housing Finance Agency
Abstract
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as "Community Support Requirements," which has been assigned control number 2590-0005 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on April 30, 2026.
Full Text
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<title>Federal Register, Volume 90 Issue 220 (Tuesday, November 18, 2025)</title>
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[Federal Register Volume 90, Number 220 (Tuesday, November 18, 2025)]
[Notices]
[Pages 51757-51758]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-20124]
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FEDERAL HOUSING FINANCE AGENCY
[No. 2025-N-8]
Proposed Collection; Comment Request
AGENCY: Federal Housing Finance Agency.
ACTION: 60-Day notice of submission of information collection for
approval from Office of Management and Budget.
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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the
Agency) is seeking public comments concerning an information collection
known as ``Community Support Requirements,'' which has been assigned
control number 2590-0005 by the Office of Management and Budget (OMB).
FHFA intends to submit the information collection to OMB for review and
approval of a three-year extension of the control number, which is due
to expire on April 30, 2026.
DATES: Interested persons may submit comments on or before January 20,
2026.
ADDRESSES: Submit comments to FHFA, identified by ``Proposed
Collection; Comment Request: `Community Support Requirements, (No.
2025-N-8)' '' by any of the following methods:
<bullet> Agency Website: <a href="http://www.fhfa.gov/open-for-comment-or-input">www.fhfa.gov/open-for-comment-or-input</a>.
<bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
Follow the instructions for submitting comments. If you submit your
comment to the Federal eRulemaking Portal, please also send it by email
to FHFA at <a href="/cdn-cgi/l/email-protection#affdcac8ecc0c2c2cac1dbdcefc9c7c9ce81c8c0d9"><span class="__cf_email__" data-cfemail="6634030125090b0b0308121526000e000748010910">[email protected]</span></a> to ensure timely receipt by the agency.
<bullet> Mail/Hand Delivery: Federal Housing Finance Agency, Fourth
Floor, 400 Seventh Street SW, Washington, DC 20219, ATTENTION: Proposed
Collection; Comment Request: ``Community Support Requirements, (No.
2025-N-8).'' Please note that all mail sent to FHFA via U.S. Mail is
routed through a national irradiation facility, a process that may
delay delivery by approximately two weeks. For any time-sensitive
correspondence, please plan accordingly.
FHFA will post all public comments on the FHFA public website at
<a href="http://www.fhfa.gov">http://www.fhfa.gov</a>, except as described below. Commenters should
submit only information that the commenter wishes to make available
publicly. FHFA may post only a single representative example of
identical or substantially identical comments, and in such cases will
generally identify the number of identical or substantially identical
comments represented by the posted example. FHFA may, in its
discretion, redact or refrain from posting all or any portion of any
comment that contains content that is obscene, vulgar, profane, or
threatens harm. All comments, including those that are redacted or not
posted, will be retained in their original form in FHFA's internal file
and considered as required by all applicable laws. Commenters that
would like FHFA to consider any portion of their comment exempt from
disclosure on the basis that it contains trade secrets, or financial,
confidential or proprietary data or information, should follow the
procedures in section IV.D. of FHFA's Policy on Communications with
Outside Parties in Connection with FHFA Rulemakings, see <a href="https://www.fhfa.gov/sites/default/files/documents/Ex-Parte-Communications-Public-Policy_3-5-19.pdf">https://www.fhfa.gov/sites/default/files/documents/Ex-Parte-Communications-Public-Policy_3-5-19.pdf</a>. FHFA cannot guarantee that such data or
information, or the identity of the commenter, will remain confidential
if disclosure is sought pursuant to an applicable statute or
regulation. See 12 CFR 1202.8, 12 CFR 1214.2, and the FHFA FOIA
Reference Guide at <a href="https://www.fhfa.gov/about/foia-reference-guide">https://www.fhfa.gov/about/foia-reference-guide</a> for
additional information.
FOR FURTHER INFORMATION CONTACT: Tiffani Moore, Supervisory Policy
Analyst, by email at <a href="/cdn-cgi/l/email-protection#287c414e4e494641066547475a4d684e404e49064f475e"><span class="__cf_email__" data-cfemail="095d606f6f686760274466667b6c496f616f68276e667f">[email protected]</span></a>, by telephone at (202) 649-
3304; or Angela Supervielle, Assistant General Counsel, by email at
<a href="/cdn-cgi/l/email-protection#b9f8d7dedcd5d897eaccc9dccbcfd0dcd5d5dcf9dfd1dfd897ded6cf"><span class="__cf_email__" data-cfemail="27664940424b46097452574255514e424b4b4267414f414609404851">[email protected]</span></a>, by telephone at (202) 649-3973 (these are
not toll-free numbers). For TTY/TRS users with hearing and speech
disabilities, dial 711 and ask to be connected to any of the contact
numbers above.
SUPPLEMENTARY INFORMATION:
A. Need For and Use of the Information Collection
The Federal Home Loan Bank System (System) consists of eleven
regional Federal Home Loan Banks (Banks) and the Office of Finance, a
joint office of the Banks that issues and services their debt
securities. The Banks are wholesale financial institutions, organized
under authority of the Federal Home Loan Bank Act (Bank Act) to serve
the public interest by enhancing the availability of residential
housing finance and community lending credit through their member
institutions and, to a limited extent, through eligible non-member
``housing associates.'' Each Bank is structured as a regional
cooperative that is owned and controlled by member financial
institutions located within its district, which are also its primary
customers.
Section 10(g)(1) of the Bank Act requires the Director of FHFA to
promulgate regulations establishing standards of community investment
or service that Bank member institutions must meet in order to maintain
access to long-term Bank advances.\1\ \2\ Section
[[Page 51758]]
10(g)(2) of the Bank Act requires that, in establishing these community
support requirements for Bank members, FHFA take into account factors
such as the member's performance under the Community Reinvestment Act
of 1977 (CRA) \3\ and record of lending to first-time homebuyers.\4\
FHFA's community support regulation, which establishes standards and
review criteria for determining compliance with section 10(g) of the
Bank Act, is set forth at 12 CFR part 1290.
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\1\ 12 U.S.C. 1430(g)(1).
\2\ For purposes of the community support requirements, a long-
term advance is an advance with a term of maturity greater than one
year. 12 CFR 1290.1 (definition of ``long-term advance'').
\3\ See 12 U.S.C. 2901 et seq.
\4\ 12 U.S.C. 1430(g)(2).
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Part 1290 requires that each Bank member subject to community
support review submit to FHFA biennially a completed Community Support
Statement (Form 060), which contains several short questions, the
answers to which are used by FHFA to assess the responding member's
compliance with the statutory and regulatory community support
standards.\5\ Members are strongly encouraged to complete and submit
Form 060 online, but may submit a version via email or fax if they
cannot complete the submission online. In Part I of Form 060, a member
that is subject to the CRA must record its most recent CRA rating and
the year of that rating. Part II of Form 060 addresses a member's
efforts to assist first-time homebuyers. A member may either record the
number and dollar amount of mortgage loans made to first-time
homebuyers in the previous or current calendar year (Part II.A) or
indicate the types of programs or activities it has undertaken to
assist first-time homebuyers by checking selections from a list (Part
II.B), or do both. If a member has received a CRA rating of
``Outstanding,'' it need not complete Part II.
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\5\ See 12 CFR 1290.2. Non-depository community development
financial institutions and institutions that have been Bank members
for less than one year as of March 31 of the year the Form 060 is
due are not required to submit Form 060.
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Part 1290 also establishes the circumstances under which FHFA will
restrict a member's access to long-term Bank advances and to the Bank
Affordable Housing Programs (AHP), Community Investment Programs (CIP),
and Community Investment Cash Advance (CICA) programs for failure to
meet the community support requirements.\6\ Part 1290 permits Bank
members whose access to long-term advances has been restricted to apply
directly to FHFA to remove the restriction.\7\
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\6\ See 12 CFR 1290.5(b), (e).
\7\ See 12 CFR 1290.5(d).
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The OMB control number for this information collection is 2590-
0005, which is due to expire on April 30, 2026. The respondents are
Bank member institutions.
B. Burden Estimate
FHFA is seeking OMB clearance for two information collections under
this control number: (1) Community Support Statements (Form 060); and
(2) Requests to Remove a Restriction on Access to Long-Term Advances.
The total estimated annualized hour burden imposed upon respondents by
these two information collections is 1,856 hours. The method FHFA used
to determine the annual hour burden for each facet of the information
collection is explained below.
1. Community Support Statements
FHFA estimates an annual average of 3,090 respondents. FHFA
estimates that the average preparation and submission time for each
Community Support Statement is 0.6 hours. The estimate for the total
annual hour burden on Bank members in connection with the preparation
and submission of Community Support Statements is, therefore, 1,854
hours (3,090 Statements x 0.6 hours).
2. Requests To Remove a Restriction on Access to Long-Term Advances
FHFA estimates that an annual average of 2 Bank members whose
access to long-term advances and to AHP, CIP, and CICA programs has
been restricted will prepare and submit requests to FHFA to remove
those restrictions, and that the average preparation time for each
request will be 1 hour. The estimate for the total annual hour burden
on Bank members in connection with the preparation and submission of
requests to remove a restriction on access to long-term advances is,
therefore, 2 hours (2 requests x 1 hours).
C. Comment Request
FHFA requests written comments on the following: (1) whether the
collection of information is necessary for the proper performance of
FHFA functions, including whether the information has practical
utility; (2) the accuracy of FHFA's estimates of the burdens of the
collection of information; (3) ways to enhance the quality, utility,
and clarity of the information collected; and (4) 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.
Shawn Bucholtz,
Chief Data Officer, Federal Housing Finance Agency.
[FR Doc. 2025-20124 Filed 11-17-25; 8:45 am]
BILLING CODE 8070-01-P
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