Final AHP Rule Implementation
For 30 years, the Affordable Housing Program (AHP) has successfully helped Federal Home Loan Bank (FHLBank) members and their partners create affordable housing opportunities in the communities they serve. On November 28, 2018, the Federal Housing Finance Agency (FHFA) published its amended regulation (Final AHP Rule), giving the FHLBanks greater flexibility to identify and respond to the unique needs of their Districts.
Summary of the Final AHP Rule
All provisions of the Final AHP Rule are effective January 1, 2021, except for the owner-occupied retention and repayment requirements below which were effective January 1, 2020. Check out our Final AHP Rule presentation for a summary of key provisions. Note that this reflects only select changes to the AHP regulations and is not a complete analysis of the Final AHP Rule.
Questions? Contact Community Investment at 312-565-5824 or firstname.lastname@example.org.