Nieruchomości i finanse · 09/12/2010

FHFA to Expand Community Development Loan Eligibility and Transfer Advances Regulations

The Federal Housing Finance Agency (FHFA) is amending its regulations to allow community financial institution (CFI) members to use community development loans as collateral for Federal Home Loan Bank advances, and to transfer the advances and new business activities rules to new parts of the regulations. This change aims to support community development activities and expand the types of eligible collateral for CFI members.