Notice2026-03614
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
February 24, 2026
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) 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 91 Issue 36 (Tuesday, February 24, 2026)</title>
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[Federal Register Volume 91, Number 36 (Tuesday, February 24, 2026)]
[Notices]
[Pages 8877-8879]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-03614]
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FEDERAL HOUSING FINANCE AGENCY
[No. 2026-N-3]
Proposed Collection; Comment Request
AGENCY: Federal Housing Finance Agency.
ACTION: 30-Day notice of submission of information collection for
approval from the 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) 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 March 26,
2026.
ADDRESSES: Submit comments to the Office of Information and Regulatory
Affairs of the Office of Management and Budget, Attention: Desk Officer
for the Federal Housing Finance Agency, Washington, DC 20503, Fax:
(202) 395-3047, Email: <a href="/cdn-cgi/l/email-protection#5f10160d1e002c2a3d32362c2c3630311f30323d713a302f71383029"><span class="__cf_email__" data-cfemail="90dfd9c2d1cfe3e5f2fdf9e3e3f9fffed0fffdf2bef5ffe0bef7ffe6">[email protected]</span></a>. Please also submit
comments to FHFA, identified by ``Proposed Collection; Comment Request:
`Community Support Requirements, (No. 2026-N-3)''' by any of the
following methods:
<bullet> Agency Website: <a href="https://www.fhfa.gov/regulation/federal-register?comments=open">https://www.fhfa.gov/regulation/federal-register?comments=open</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#97c5f2f0d4f8fafaf2f9e3e4d7f1fff1f6b9f0f8e1"><span class="__cf_email__" data-cfemail="2f7d4a486c4042424a415b5c6f4947494e01484059">[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.
2026-N-3).'' Please note that all mail sent to FHFA via the U.S. Postal
Service 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, including any personally
identifiable information such as name and contact information, on the
FHFA public website at <a href="https://www.fhfa.gov">https://www.fhfa.gov</a>, except as described below.
Commenters should submit only information that the commenter wishes to
make available publicly. FHFA will not redact personally identifiable
information once it is submitted. Commenters who do not wish to be
identified by their comments may submit their comments anonymously.
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,
[[Page 8878]]
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 will be considered as required by all applicable laws.
Commenters who 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>, which FHFA is also
applying to Notices requesting public comments. FHFA cannot guarantee
that such data or information will remain confidential if disclosure is
sought pursuant to an applicable statute or regulation. See 12 CFR
1202.8, 12 CFR 1214.2, and FHFA's FOIA Reference Guide <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#a7f3cec1c1c6c9ce89eac8c8d5c2e7c1cfc1c689c0c8d1"><span class="__cf_email__" data-cfemail="47132e212126292e690a2828352207212f212669202831">[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#bcfdd2dbd9d0dd92efc9ccd9cecad5d9d0d0d9fcdad4dadd92dbd3ca"><span class="__cf_email__" data-cfemail="0e4f60696b626f205d7b7e6b7c78676b62626b4e6866686f20696178">[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.<SUP>1 2</SUP> Section 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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FHFA uses the information collection contained in FHFA Form 060 to
determine whether Bank members satisfy the statutory and regulatory
community support requirements, and to ensure that, as required by
statute and regulation, only Bank members that meet those requirements
maintain continued access to long-term Bank advances and to the Bank
AHP, CIP, and CICA programs.
The OMB control number for this information collection is 2590-
0005, which is due to expire on Aril 30, 2026. The respondents are Bank
member institutions.
B. Burden Estimate
FHFA has analyzed the two facets of this information collection to
estimate the hour burdens that the collection will impose upon Bank
members annually over the next three years. Based on that analysis,
FHFA estimates that the total annual hour burden will be 1,856 hours.
The method FHFA used to determine the annual hour burden for each facet
of the information collection is explained in detail 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).
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C. Comment Request
In accordance with the requirements of 5 CFR 1320.8(d), FHFA
published an initial notice and request for public comments regarding
this information collection in the Federal Register on November 18,
2025.\8\ FHFA received one comment letter. The commenter supported this
information collection because it extends current processes, which the
commenter stated are simple and easy to follow.
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\8\ See 90 FR 51757 (Nov. 18, 2025).
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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. 2026-03614 Filed 2-23-26; 8:45 am]
BILLING CODE 8070-01-P
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