Federal Home Loan Bank Community Support Program-Opportunity To Comment on Members Subject To Review, 12001-12002 [2021-04119]

Download as PDF Federal Register / Vol. 86, No. 38 / Monday, March 1, 2021 / Notices 20460; telephone number: 202–564– 8934; email address: schlaudt.elisabeth@epa.gov. SUPPLEMENTARY INFORMATION: Supporting documents which explain in detail the information that the EPA will be collecting are available in the public docket for this ICR. The docket can be viewed online at www.regulations.gov or in person at the EPA Docket Center, WJC West, Room 3334, 1301 Constitution Ave. NW, Washington, DC. The telephone number for the Docket Center is 202–566–1744. EPA is temporarily suspending its Docket Center and Reading Room for public visitors, with limited exceptions, to reduce the risk of transmitting COVID– 19. Our Docket Center staff will continue to provide remote customer service via email, phone, and webform. For additional information about EPA’s public docket, visit https://www.epa.gov/ dockets. Pursuant to section 3506(c)(2)(A) of the PRA (44 U.S.C. 3501 et seq.), EPA is soliciting comments and information to enable it to: (i) Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the Agency, including whether the information will have practical utility; (ii) evaluate the accuracy of the Agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (iii) enhance the quality, utility, and clarity of the information to be collected; and (iv) minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. EPA will consider the comments received and amend the ICR as appropriate. The final ICR package will then be submitted to OMB for review and approval. At that time, EPA will issue another Federal Register notice to announce the submission of the ICR to OMB and the opportunity to submit additional comments to OMB. Abstract: The Clean Watersheds Needs Survey (CWNS) is required by Clean Water Act (CWA) Sections 205(a) and 516. It is a periodic inventory of existing and planned publicly owned wastewater conveyance and treatment facilities, combined sewer overflow correction, stormwater management and other water pollution control facilities in the United States, as well as an estimate of how many of these facilities need to be built. The CWNS is a joint VerDate Sep<11>2014 18:48 Feb 26, 2021 Jkt 253001 effort between EPA and the states. The CWNS collects cost and technical data from states that are associated with publicly owned treatment works (POTWs) and other water pollution control facilities, existing and planned. The respondents who provide this information to EPA are state agencies responsible for environmental pollution control and local facility contacts who provide documentation to the states. Periodically, the states request data or documentation from contacts at the facility or local government level. These respondents are referred to as facilities. No confidential information is used, nor is sensitive information protected from release under the Public Information Act. EPA achieves national consistency in the final results through the application of uniform guidelines and validation techniques. Form Numbers: None. Respondents/affected entities: States, Territories, and Local Facilities. Respondent’s obligation to respond: Voluntary. Estimated number of respondents: 56 States and Territories, 5,349 Local Facilities (total). Frequency of response: Every 4 years. Total estimated burden: 9,645 hours (per year). Burden is defined at 5 CFR 1320.03(b). Total estimated cost: $505,004 (per year), includes $0 annualized capital or operation & maintenance costs. Changes in Estimates: There is an increase of 541 hours and $134,820 in the total estimated respondent burden compared with the ICR previously approved by OMB. This increase is based upon an increase in facility universe, as well as an adjustment in labor rates and benefits. Dated: February 18, 2021. Andrew D. Sawyers, Director, Office of Wastewater Management. [FR Doc. 2021–04197 Filed 2–26–21; 8:45 am] BILLING CODE 6560–50–P 12001 amended, notice is hereby given that the Appraisal Subcommittee (ASC) will meet in open session for its regular meeting: Location: Due to the COVID–19 Pandemic, the meeting will be open to the public via live webcast only. Visit the agency’s homepage (www.asc.gov) and access the provided registration link in the What’s New box. You MUST register in advance to attend this Meeting. Date: March 10, 2021. Time: 10 a.m. ET. Status: Open. Reports Chairman Executive Director Grants Director Financial Manager Action and Discussion Items Approval of Minutes September 9, 2020 Open Session October 5, 2020 Special Meeting 2020 ASC Annual Report Approval of Cooperative Agreement for training and technical assistance How To Attend and Observe an ASC Meeting: Due to the COVID–19 Pandemic, the meeting will be open to the public via live webcast only. Visit the agency’s homepage (www.asc.gov) and access the provided registration link in the What’s New box. The meeting space is intended to accommodate public attendees. However, if the space will not accommodate all requests, the ASC may refuse attendance on that reasonable basis. The use of any video or audio tape recording device, photographing device, or any other electronic or mechanical device designed for similar purposes is prohibited at ASC Meetings. James R. Park, Executive Director. [FR Doc. 2021–04073 Filed 2–26–21; 8:45 am] BILLING CODE 6700–01–P FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL FEDERAL HOUSING FINANCE AGENCY [Docket No. AS21–02] Appraisal Subcommittee; Notice of meeting [No. 2021–N–2] Appraisal Subcommittee of the Federal Financial Institutions Examination Council. ACTION: Notice of Meeting. Federal Home Loan Bank Community Support Program—Opportunity To Comment on Members Subject To Review AGENCY: Description: In accordance with Section 1104 (b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 Federal Housing Finance Agency. ACTION: Notice. AGENCY: E:\FR\FM\01MRN1.SGM 01MRN1 12002 Federal Register / Vol. 86, No. 38 / Monday, March 1, 2021 / Notices The Federal Housing Finance Agency (FHFA) is announcing that FHFA will review all applicable Federal Home Loan Bank (Bank) members in 2021 under FHFA’s community support requirements regulation. This Notice invites the public to comment on the community support performance of individual members. DATES: Public comments on individual Bank members’ community support performance must be submitted to FHFA on or before March 31, 2021. ADDRESSES: Comments on members’ community support performance should be submitted to FHFA by electronic mail at hmgcommunitysupportprogram@ fhfa.gov or by fax to 202–649–4308. FOR FURTHER INFORMATION CONTACT: Deattra Perkins, Senior Policy Analyst, at hmgcommunitysupportprogram@ fhfa.gov, Division of Housing Mission and Goals, Federal Housing Finance Agency, Ninth Floor, 400 Seventh Street SW, Washington, DC 20219. SUPPLEMENTARY INFORMATION: SUMMARY: I. Community Support Review Section 10(g)(1) of the Federal Home Loan Bank Act (Bank Act) requires FHFA to promulgate regulations establishing standards of community investment or service that Bank members must meet in order to maintain access to long-term Bank advances. See 12 U.S.C. 1430(g)(1). The regulations promulgated by FHFA 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 the Bank member’s record of lending to first-time homebuyers. See 12 U.S.C. 1430(g)(2). Pursuant to section 10(g) of the Bank Act, FHFA 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 establishes review criteria FHFA must apply in evaluating a member’s community support performance. See 12 CFR part 1290. The regulation includes standards and criteria for the two statutory factors—members’ CRA performance and members’ record of lending to first-time homebuyers. 12 CFR 1290.3. Only members subject to the CRA must meet the CRA standard. 12 CFR 1290.3(b). All members subject to community support review, including those not subject to the CRA, must meet the first-time homebuyer standard. 12 CFR 1290.3(c). Members that have been certified as community development financial institutions (CDFIs) are deemed to be in compliance with the VerDate Sep<11>2014 18:48 Feb 26, 2021 Jkt 253001 community support requirements and are not subject to periodic community support review, unless the CDFI member is also an insured depository institution or a CDFI credit union. 12 CFR 1290.2(d). In addition, FHFA will not review an institution’s community support performance until it has been a Bank member for at least one year. 12 CFR 1290.2(e). Under the regulation, FHFA reviews each applicable member once every two years. Starting April 1, 2021, each member that is subject to community support review will be required to submit a completed Community Support Statement to FHFA. All Community Support Statements for this review cycle must be submitted by October 29, 2021. FHFA will review the community support performance of each member after receiving the member’s completed Community Support Statement. II. Public Comments FHFA encourages the public to submit comments by March 31, 2021, on the community support performance of Bank members. Each Bank is required to post a notice on its public website and to notify its Advisory Council, nonprofit housing developers, community groups, and other interested parties in its district of the opportunity to submit comments on the community support programs and activities of Bank members, with the name and address of each member subject to community support review. 12 CFR 1290.2(c)(1). In reviewing a member for community support compliance, FHFA will consider any public comments it has received concerning the member. 12 CFR 1290.2(c)(3). To ensure consideration by FHFA, comments concerning the community support performance of members being reviewed in 2021 must be submitted to FHFA, either by electronic mail to hmgcommunitysupportprogram@ fhfa.gov, or by fax to 202–649–4308, on or before March 31, 2021. 12 CFR 1290.2(c)(2). The names of applicable members currently subject to Community Support review can be found on the public websites for the individual Banks at: Federal Home Loan Bank of Boston— District 1 (Connecticut, Massachusetts, New Hampshire, Rhode Island, Vermont) https:// www.fhlbboston.com/fhlbank-boston/ hci-community-support#/ Federal Home Loan Bank of New York— District 2 (New Jersey, New York, Puerto Rico) https://www.fhlbny.com/ PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 Federal Home Loan Bank of Pittsburgh—District 3 (Delaware, Pennsylvania, West Virginia) https:// www.fhlb-pgh.com/Files/Resources/ CSS.pdf Federal Home Loan Bank of Atlanta— District 4 (Alabama, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia) https://corp.fhlbatl.com/ community-support-program/ Federal Home Loan Bank of Cincinnati—District 5 (Kentucky, Ohio, Tennessee) https:// www.fhlbcin.com Federal Home Loan Bank of Indianapolis—District 6 (Indiana, Michigan) https://www.fhlbi.com/ products-services/communityinvestment-and-housing Federal Home Loan Bank of Chicago— District 7 (Illinois, Wisconsin) https:// fhlbc.com/community-investment/ community-support-program Federal Home Loan Bank of Des Moines—District 8 (Alaska, Guam, Hawaii, Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming) https:// www.fhlbdm.com/news/businessnews/2021-community-supportstatement/ Federal Home Loan Bank of Dallas— District 9 (Arkansas, Louisiana, Mississippi, New Mexico, Texas) https://www.fhlb.com/membership/ community-support-program Federal Home Loan Bank of Topeka— District 10 (Colorado, Kansas, Nebraska, Oklahoma) https:// www.fhlbtopeka.com/communityprograms-community-supportstatements Federal Home Loan Bank of San Francisco—District 11 (Arizona, California, Nevada) www.fhlbsf.com/ community-programs/communitysupport-review Mark A. Calabria, Director, Federal Housing Finance Agency. [FR Doc. 2021–04119 Filed 2–26–21; 8:45 am] BILLING CODE 8070–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the E:\FR\FM\01MRN1.SGM 01MRN1

Agencies

[Federal Register Volume 86, Number 38 (Monday, March 1, 2021)]
[Notices]
[Pages 12001-12002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-04119]


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FEDERAL HOUSING FINANCE AGENCY

[No. 2021-N-2]


Federal Home Loan Bank Community Support Program--Opportunity To 
Comment on Members Subject To Review

AGENCY: Federal Housing Finance Agency.

ACTION: Notice.

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[[Page 12002]]

SUMMARY: The Federal Housing Finance Agency (FHFA) is announcing that 
FHFA will review all applicable Federal Home Loan Bank (Bank) members 
in 2021 under FHFA's community support requirements regulation. This 
Notice invites the public to comment on the community support 
performance of individual members.

DATES: Public comments on individual Bank members' community support 
performance must be submitted to FHFA on or before March 31, 2021.

ADDRESSES: Comments on members' community support performance should be 
submitted to FHFA by electronic mail at 
hmgcommunitysupport[email protected] or by fax to 202-649-4308.

FOR FURTHER INFORMATION CONTACT: Deattra Perkins, Senior Policy 
Analyst, at [email protected], Division of Housing 
Mission and Goals, Federal Housing Finance Agency, Ninth Floor, 400 
Seventh Street SW, Washington, DC 20219.

SUPPLEMENTARY INFORMATION:

I. Community Support Review

    Section 10(g)(1) of the Federal Home Loan Bank Act (Bank Act) 
requires FHFA to promulgate regulations establishing standards of 
community investment or service that Bank members must meet in order to 
maintain access to long-term Bank advances. See 12 U.S.C. 1430(g)(1). 
The regulations promulgated by FHFA 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 the Bank member's record of 
lending to first-time homebuyers. See 12 U.S.C. 1430(g)(2). Pursuant to 
section 10(g) of the Bank Act, FHFA 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 establishes 
review criteria FHFA must apply in evaluating a member's community 
support performance. See 12 CFR part 1290. The regulation includes 
standards and criteria for the two statutory factors--members' CRA 
performance and members' record of lending to first-time homebuyers. 12 
CFR 1290.3. Only members subject to the CRA must meet the CRA standard. 
12 CFR 1290.3(b). All members subject to community support review, 
including those not subject to the CRA, must meet the first-time 
homebuyer standard. 12 CFR 1290.3(c). Members that have been certified 
as community development financial institutions (CDFIs) are deemed to 
be in compliance with the community support requirements and are not 
subject to periodic community support review, unless the CDFI member is 
also an insured depository institution or a CDFI credit union. 12 CFR 
1290.2(d). In addition, FHFA will not review an institution's community 
support performance until it has been a Bank member for at least one 
year. 12 CFR 1290.2(e).
    Under the regulation, FHFA reviews each applicable member once 
every two years. Starting April 1, 2021, each member that is subject to 
community support review will be required to submit a completed 
Community Support Statement to FHFA. All Community Support Statements 
for this review cycle must be submitted by October 29, 2021. FHFA will 
review the community support performance of each member after receiving 
the member's completed Community Support Statement.

II. Public Comments

    FHFA encourages the public to submit comments by March 31, 2021, on 
the community support performance of Bank members. Each Bank is 
required to post a notice on its public website and to notify its 
Advisory Council, nonprofit housing developers, community groups, and 
other interested parties in its district of the opportunity to submit 
comments on the community support programs and activities of Bank 
members, with the name and address of each member subject to community 
support review. 12 CFR 1290.2(c)(1). In reviewing a member for 
community support compliance, FHFA will consider any public comments it 
has received concerning the member. 12 CFR 1290.2(c)(3). To ensure 
consideration by FHFA, comments concerning the community support 
performance of members being reviewed in 2021 must be submitted to 
FHFA, either by electronic mail to [email protected], 
or by fax to 202-649-4308, on or before March 31, 2021. 12 CFR 
1290.2(c)(2).
    The names of applicable members currently subject to Community 
Support review can be found on the public websites for the individual 
Banks at:

Federal Home Loan Bank of Boston--District 1 (Connecticut, 
Massachusetts, New Hampshire, Rhode Island, Vermont) https://www.fhlbboston.com/fhlbank-boston/hci-community-support#/
Federal Home Loan Bank of New York--District 2 (New Jersey, New York, 
Puerto Rico) https://www.fhlbny.com/
Federal Home Loan Bank of Pittsburgh--District 3 (Delaware, 
Pennsylvania, West Virginia) https://www.fhlb-pgh.com/Files/Resources/CSS.pdf
Federal Home Loan Bank of Atlanta--District 4 (Alabama, District of 
Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, 
Virginia) https://corp.fhlbatl.com/community-support-program/
Federal Home Loan Bank of Cincinnati--District 5 (Kentucky, Ohio, 
Tennessee) https://www.fhlbcin.com
Federal Home Loan Bank of Indianapolis--District 6 (Indiana, Michigan) 
https://www.fhlbi.com/products-services/community-investment-and-housing
Federal Home Loan Bank of Chicago--District 7 (Illinois, Wisconsin) 
https://fhlbc.com/community-investment/community-support-program
Federal Home Loan Bank of Des Moines--District 8 (Alaska, Guam, Hawaii, 
Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South 
Dakota, Utah, Washington, Wyoming) https://www.fhlbdm.com/news/business-news/2021-community-support-statement/
Federal Home Loan Bank of Dallas--District 9 (Arkansas, Louisiana, 
Mississippi, New Mexico, Texas) https://www.fhlb.com/membership/community-support-program
Federal Home Loan Bank of Topeka--District 10 (Colorado, Kansas, 
Nebraska, Oklahoma) https://www.fhlbtopeka.com/community-programs-community-support-statements
Federal Home Loan Bank of San Francisco--District 11 (Arizona, 
California, Nevada) www.fhlbsf.com/community-programs/community-support-review

Mark A. Calabria,
Director, Federal Housing Finance Agency.
[FR Doc. 2021-04119 Filed 2-26-21; 8:45 am]
BILLING CODE 8070-01-P


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