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 Page ImageFHLBank System at 100
 Image Caption​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​FHLBank System ​at 100: 
   Report Implementation​
 FHLBank System at 100: Report Implementation Policy Programs 2024 TechSprint: Generative AI in Housing Finance Affordable Housing & Community Investment Climate Change and ESG FHLBank System at 100: Focusing on the Future FHLBank System at 100: Report Implementation Duty to Serve Program Enterprise Housing Goals Fair Lending Oversight Program Financial Technology Fraud Prevention Velocity: A Tech Sprint from the Federal Housing Finance Agency Housing Finance Examiner Commission Program Loss Mitigation National Mortgage Database Program Neighborhood Stabilization Initiative (NSI)
 Meet the Experts Research
 ​Implementation Updates ​FHLBank System at 100: Focusing o​n the Future Report Report Fact Sheet YouTube Playlist​ Kick-Off Listeni​ng Session Day 1 (9/29/2022) 
      Day 2 (9/30/2022) 
      Day 3 (10/4/2022) Wrap-Up Listening Session Day 1 (3/22/2023) 
      Day 2 (3/23/2023) 
      Day 3 (3/24/2023) Pub​lic Comments​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Regional Roundtables​​​​​​​​​​​​​​​
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 Policy, Programs & Research
 Programs
 FHLBank System at 100:  Report Implementation​​​ ​FHFA published the 
   FHLBank System at 100: Focusing on the Future report in November 2023, following an extensive public engagement period.  The Agency is taking prompt action to implement recommendations in the report through ongoing supervision, guidance, and rulemaking, and is committed to maintaining transparency throughout the implementation process. Actions in the report are organized under four themes.  See below for FHFA’s top priorities for implementation in 2024 under each of these themes.  Please check this page regularly for updates and information about opportunities for public input. **Mission of the FHLBan​k System** Update and clarify the mission of the FHLBank System to reflect the FHLBanks’ two core objectives: 1) providing stable and reliable liquidity to their members, and 2) supporting housing and community development **2024 Priorities** Clarify the mission statement for the FHLBank System and set forth criteria for assessing mission achievement by the FHLBanks
   Establish an incentive structure for FHLBank members to support the housing and community development mission of the FHLBanks
   Enhance the scope of the FHLBanks’ Targeted Community Lending Plans​ **Stable and Reliable Source of Liquidity** Distinguish the role of the FHLBanks in providing secured advances from the Federal Reserve’s financing facilities and better position the FHLBanks to perform their liquidity mission **2024 Priorities** Increase limits on maximum exposure on unsecured extensions of credit for overnight assets of similar risk profile
   Improve FHLBank evaluation of member creditworthiness **Housing and Community Development** Expand the FHLBanks’ housing and community development focus **2024 Priorities** Increase support to mission-oriented organizations 
      ✓  Is​sued 
         Regulatory Interpretation 2024-RI-01: Classification of Cooperativas for Purposes of Determining Eligibility forFederal Home Loan Bank (FHLBank) Membership (March 2024)​​​​​​​​​​​
   Establish mission-oriented collateral programs that incentivize use of collateral with a strong connection to the mission of the FHLBank System
   Streamline Affordable Housing Program regulatory requirements
   Revise the appropriate maturity term for the definition of a long-term advance
   Enhance support for prudently structured voluntary and pilot programs 
      ✓  Issued 
         AB 2023-06: FHLBank Framework for Pilot and Voluntary Programs (Nov 2023)​​​​​​​​​​​ **FHLBank System Operational Efficiency, Structure, and Governance** Ensure the FHLBanks are structured to be efficient and stable moving forward, membership eligibility requirements promote sufficient mission orientation, and governance requirements enable the FHLBanks’ boards to effectively address emerging risks and oversee the safety and soundness and mission achievement of the FHLBanks **2024 Priorities** Standardize and strengthen membership eligibility requirements across member types
   Expand the list of expertise for independent directors
   Clarify board of director responsibility for mission performance, including through ties to executive compensation Con​tact 
   fhlbanksystem100@fhfa.gov for more information. Last updated April 3, 2024​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
 
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