60520 Federal Register / Vol. 71, No. 198 / Friday, October 13, 2006 / Notices 

List of Subjects 

Environmental protection, Chemicals, 

Premanufacturer notices. 

Dated: October 2, 2006. 

Eyvone Petty-Callier, 

Acting Director, Information Management 

Division, Office of Pollution Prevention and 

Toxics. 

[FR Doc. E6–16915 Filed 10–12–06; 8:45 am] 

BILLING CODE 6560–50–S 

FEDERAL ELECTION COMMISSION 

Sunshine Act Notices 

DATE AND TIME: Tuesday, October 17, 

2006 at 10 a.m. 

PLACE: 999 E Street, NW., Washington, 

DC. 

STATUS: This meeting will be closed to 

the public. 

ITEMS TO BE DISCUSSED: Compliance 

matters pursuant to 2 U.S.C. 437g. 

Audits conducted pursuant to 2 U.S.C. 

437g, 438(b), and Title 26, U.S.C. 

Matters concerning participation in civil 

actions or proceedings or arbitration. 

Internal personal rules and procedures 

or matters affecting a particular 

employee. 

DATE AND TIME: Wednesday, October 18, 

2006 at 10 a.m. 

PLACE: 999 E Street, NW., Washington, 

DC (Ninth floor). 

STATUS: This meeting will be open to the 

public. 

ITEMS TO BE DISCUSSED: Correction and 

Approval of Minutes. 

Advisory Opinion 2006–27: Prime 

Choice Entertainment by Cynthia 

Czuchaj. 

Advisory Opinion 2006–28: 59th 

Republican Ward Executive Committee 

by Peter J. Wirs, Chairman. 

Embezzlement Enforcement Policy. 

Management and Administrative 

Matters. 

PERSON TO CONTACT FOR INFORMATION: 

Mr. Robert Biersack, Press Officer. 

Mary W. Dove, 

Secretary of the Commission. 

[FR Doc. 06–8679 Filed 10–11–06; 9:57 am] 

BILLING CODE 6715–01–M 

FEDERAL HOUSING FINANCE BOARD 

[No. 2006–N–07] 

Federal Home Loan Bank Members 

Selected for Community Support 

Review 

AGENCY: Federal Housing Finance 

Board. 

ACTION: Notice. 

SUMMARY: The Federal Housing Finance 

Board (Finance Board) is announcing 

the Federal Home Loan Bank (Bank) 

members it has selected for the 2006–07 

third quarter review cycle under the 

Finance Board’s community support 

requirements regulation. This notice 

also prescribes the deadline by which 

Bank members selected for review must 

submit Community Support Statements 

to the Finance Board. 

DATES: Bank members selected for the 

review cycle under the Finance Board’s 

community support requirements 

regulation must submit completed 

Community Support Statements to the 

Finance Board on or before November 

24, 2006. 

ADDRESSES: Bank members selected for 

the 2006–07 third quarter review cycle 

under the Finance Board’s community 

support requirements regulation must 

submit completed Community Support 

Statements to the Finance Board either 

by regular mail at the Federal Housing 

Finance Board, Office of Supervision, 

Community Investment and Affordable 

Housing, 1625 Eye Street, NW., 

Washington, DC 20006, or by electronic 

mail at FITZGERALDE@FHFB.GOV. 

FOR FURTHER INFORMATION CONTACT: 

Emma J. Fitzgerald, Program Analyst, 

Office of Supervision, Community 

Investment and Affordable Housing, by 

telephone at 202/408–2874, by 

electronic mail at 

FITZGERALDE@FHFB.GOV, or by 

regular mail at the Federal Housing 

Finance Board, 1625 Eye Street, NW., 

Washington, DC 20006. 

SUPPLEMENTARY INFORMATION: 

I. Selection for Community Support 

Review 

Section 10(g)(1) of the Federal Home 

Loan Bank Act (Bank Act) requires the 

Finance Board to promulgate 

regulations establishing standards of 

community investment or service Bank 

members must meet in order to 

maintain access to long-term advances. 

See 12 U.S.C. 1430(g)(1). The 

regulations promulgated by the Finance 

Board 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 record of lending to first-time 

homebuyers. See 12 U.S.C. 1430(g)(2). 

Pursuant to section 10(g) of the Bank 

Act, the Finance Board has promulgated 

a community support requirements 

regulation that establishes standards a 

Bank member must meet in order to 

maintain access to long-term advances, 

and review criteria the Finance Board 

must apply in evaluating a member’s 

community support performance. See 

12 CFR part 944. The regulation 

includes standards and criteria for the 

two statutory factors—CRA performance 

and record of lending to first-time 

homebuyers. 12 CFR 944.3. Only 

members subject to the CRA must meet 

the CRA standard. 12 CFR 944.3(b). All 

members, including those not subject to 

CRA, must meet the first-time 

homebuyer standard. 12 CFR 944.3(c). 

Under the rule, the Finance Board 

selects approximately one-eighth of the 

members in each Bank district for 

community support review each 

calendar quarter. 12 CFR 944.2(a). The 

Finance Board will not review an 

institution’s community support 

performance until it has been a Bank 

member for at least one year. Selection 

for review is not, nor should it be 

construed as, any indication of either 

the financial condition or the 

community support performance of the 

member. 

Each Bank member selected for 

review must complete a Community 

Support Statement and submit it to the 

Finance Board by the November 24, 

2006 deadline prescribed in this notice. 

12 CFR 944.2(b)(1)(ii) and (c). On or 

before October 27, 2006, each Bank will 

notify the members in its district that 

have been selected for the 2006–07 third 

quarter community support review 

cycle that they must complete and 

submit to the Finance Board by the 

deadline a Community Support 

Statement. 12 CFR 944.2(b)(2)(i). The 

member’s Bank will provide a blank 

Community Support Statement Form, 

which also is available on the Finance 

Board’s Web site: WWW.FHFB.GOV. 

Upon request, the member’s Bank also 

will provide assistance in completing 

the Community Support Statement. 

The Finance Board has selected the 

following members for the 2006–07 

third quarter community support review 

cycle: 


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