Federal Home Loan Bank Community Support Program-Opportunity To Comment on Members Subject to Review, 10899-10900 [2023-03603]

Download as PDF Federal Register / Vol. 88, No. 35 / Wednesday, February 22, 2023 / Notices necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Federal Deposit Insurance Corporation. Dated at Washington, DC, on February 16, 2023. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2023–03655 Filed 2–21–23; 8:45 am] BILLING CODE 6714–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meetings Tuesday, February 28, 2023 at 10:30 a.m. and its continuation at the conclusion of the open meeting on March 2, 2023. TIME AND DATE: 1050 First Street NE, Washington, DC and virtual (this meeting will be a hybrid meeting). PLACE: This meeting will be closed to the public. STATUS: MATTERS TO BE CONSIDERED: Compliance matters pursuant to 52 U.S.C. 30109. Information the premature disclosure of which would be likely to have a considerable adverse effect on the implementation of a proposed Commission action. Matters concerning participation in civil actions or proceedings or arbitration. * * * * * CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, telephone: (202) 694–1220. lotter on DSK11XQN23PROD with NOTICES1 (Authority: Government in the Sunshine Act, 5 U.S.C. 552b) Laura E. Sinram, Secretary and Clerk of the Commission. [FR Doc. 2023–03782 Filed 2–17–23; 4:15 pm] BILLING CODE 6715–01–P VerDate Sep<11>2014 19:42 Feb 21, 2023 Jkt 259001 FEDERAL HOUSING FINANCE AGENCY [No. 2023–N–3] Federal Home Loan Bank Community Support Program—Opportunity To Comment on Members Subject to Review Federal Housing Finance Agency. ACTION: Notice. AGENCY: The Federal Housing Finance Agency (FHFA) is announcing that FHFA will review all Federal Home Loan Bank (Bank) members subject to community support review in 2023 under FHFA’s community support requirements regulation. This Notice invites the public to comment on the community support performance of members subject to the review. DATES: Public comments on individual Bank members’ community support performance must be submitted to FHFA on or before March 24, 2023. ADDRESSES: Comments on members’ community support performance should be submitted to FHFA by electronic mail at hmgcommunitysupportprogram@ fhfa.gov or by fax to (202) 777–1209. FOR FURTHER INFORMATION CONTACT: Mike Price, Senior Policy Analyst, Division of Housing Mission and Goals, (202) 649–3134, Michael.Price@fhfa.gov; Shannon Fountain, Senior Policy Analyst, Division of Housing Mission and Goals, (202) 649–3501, Shannon.Fountain@fhfa.gov; Tiffani Moore, Supervisory Policy Analyst, (202) 649–3304, Tiffani.Moore@fhfa.gov, 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 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 10899 and criteria a Bank member must meet in order to maintain access to long-term Bank 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 3, 2023, 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 31, 2023. 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 24, 2023, on the community support performance of Bank members subject to community support review. 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 subject to community support review, with the name and address of each such member. 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 E:\FR\FM\22FEN1.SGM 22FEN1 lotter on DSK11XQN23PROD with NOTICES1 10900 Federal Register / Vol. 88, No. 35 / Wednesday, February 22, 2023 / Notices performance of members subject to community support review must be submitted to FHFA, either by electronic mail to hmgcommunitysupportprogram@ fhfa.gov, or by fax to (202) 777–1209, on or before March 24, 2023. 12 CFR 1290.2(c)(2). The names of 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, Maine, 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, U.S. Virgin Islands) 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/who-we-are/ membership/community-supportprogram/ Federal Home Loan Bank of Indianapolis—District 6 (Indiana, Michigan) https://www.fhlbi.com/ services/affordable-housing/ Federal Home Loan Bank of Chicago— District 7 (Illinois, Wisconsin) https:// www.fhlbc.com/communityinvestment/community-supportprogram Federal Home Loan Bank of Des Moines—District 8 (Alaska, American Samoa, Guam, Hawaii, Idaho, Iowa, Northern Mariana Islands, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming) https:// www.fhlbdm.com/legal/communitysupport-statements/ 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 VerDate Sep<11>2014 19:42 Feb 21, 2023 Jkt 259001 Federal Home Loan Bank of San Francisco—District 11 (Arizona, California, Nevada) www.fhlbsf.com/ community-programs/communitysupport-review Sandra L. Thompson, Director, Federal Housing Finance Agency. [FR Doc. 2023–03603 Filed 2–21–23; 8:45 am] BILLING CODE 8070–01–P FEDERAL MINE SAFETY AND HEALTH REVIEW COMMISSION Sunshine Act Notice 10:00 a.m., Tuesday, February 28, 2023 PLACE: The Richard V. Backley Hearing Room, Room 511, 1331 Pennsylvania Avenue NW, Suite 504 North, Washington, DC 20004 (enter from F Street entrance). STATUS: Open. MATTERS TO BE CONSIDERED: The Commission will consider and act upon the following in open session: Secretary of Labor on behalf of Otten v. Continental Cement Co., Docket No. CENT 2021–0013. (Issues include whether the Judge erred in concluding that the operator took an adverse employment action against the complainant in violation of sections 105(c) and 103(f) of the Mine Act.). Any person attending this meeting who requires special accessibility features and/or auxiliary aids, such as sign language interpreters, must inform the Commission in advance of those needs. Subject to 29 CFR 2706.150(a)(3) and 2706.160(d). CONTACT PERSON FOR MORE INFO: Emogene Johnson (202) 434–9935/(202) 708–9300 for TDD Relay/1–800–877– 8339 for toll free. TIME AND DATE: PHONE NUMBER FOR LISTENING TO MEETING: 1-(866) 236–7472; Passcode: 678–100 Authority: 5 U.S.C. 552b. Dated: February 17, 2023. Sarah L. Stewart, Deputy General Counsel. [FR Doc. 2023–03728 Filed 2–17–23; 4:15 pm] BILLING CODE 6735–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Submission for OMB Review; Comment Request Federal Trade Commission. Notice and request for comment. AGENCY: ACTION: The Federal Trade Commission (FTC) requests that the SUMMARY: PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 Office of Management and Budget (OMB) extend for three years the current Paperwork Reduction Act (PRA) clearance for information collection requirements contained in the FTC’s portion of the information collection requirements contained in the FTC’s Consumer Product Warranty Rule (Warranty Rule or Rule). The current clearance expires on February 28, 2023. DATES: Comments must be received by March 24, 2023. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. The reginfo.gov web link is a United States Government website produced by OMB and the General Services Administration (GSA). Under PRA requirements, OMB’s Office of Information and Regulatory Affairs (OIRA) reviews Federal information collections. FOR FURTHER INFORMATION CONTACT: Laura Basford, Attorney, Division of Marketing Practices, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue NW, Washington, DC 20580, (202) 326– 2343. SUPPLEMENTARY INFORMATION: Title: Rule Concerning Disclosure of Written Consumer Product Warranty Terms and Conditions. OMB Control Number: 3084–0111. Type of Review: Extension of a currently approved collection. Abstract: The Warranty Rule is one of three rules 1 that the FTC implemented pursuant to requirements of the Magnuson-Moss Warranty Act, 15 U.S.C. 2301 et seq. (Warranty Act or Act).2 The Warranty Rule specifies the information that must appear in a written warranty on a consumer product 3 costing more than $15. The Rule tracks Section 102(a) of the Warranty Act,4 specifying information that must appear in the written warranty and, for certain disclosures, mandates the exact language that must be used.5 1 The other two rules relate to the pre-sale availability of warranty terms and minimum standards for informal dispute settlement mechanisms that are incorporated into a written warranty. 2 40 FR 60168 (Dec. 31, 1975). 3 The definition of consumer product excludes products purchased solely for commercial or industrial use. 16 CFR 701.1(b). 4 15 U.S.C. 2302(a). 5 40 FR 60168, 60169–60170. E:\FR\FM\22FEN1.SGM 22FEN1

Agencies

FEDERAL HOUSING FINANCE AGENCY

[Federal Register Volume 88, Number 35 (Wednesday, February 22, 2023)]
[Notices]
[Pages 10899-10900]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-03603]


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FEDERAL HOUSING FINANCE AGENCY

[No. 2023-N-3]


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

AGENCY: Federal Housing Finance Agency.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Federal Housing Finance Agency (FHFA) is announcing that 
FHFA will review all Federal Home Loan Bank (Bank) members subject to 
community support review in 2023 under FHFA's community support 
requirements regulation. This Notice invites the public to comment on 
the community support performance of members subject to the review.

DATES: Public comments on individual Bank members' community support 
performance must be submitted to FHFA on or before March 24, 2023.

ADDRESSES: Comments on members' community support performance should be 
submitted to FHFA by electronic mail at 
[email protected] or by fax to (202) 777-1209.

FOR FURTHER INFORMATION CONTACT: Mike Price, Senior Policy Analyst, 
Division of Housing Mission and Goals, (202) 649-3134, 
[email protected]; Shannon Fountain, Senior Policy Analyst, 
Division of Housing Mission and Goals, (202) 649-3501, 
[email protected]; Tiffani Moore, Supervisory Policy Analyst, 
(202) 649-3304, [email protected], 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 and criteria a Bank 
member must meet in order to maintain access to long-term Bank 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 3, 2023, 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 31, 2023. 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 24, 2023, on 
the community support performance of Bank members subject to community 
support review. 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 subject to community support 
review, with the name and address of each such member. 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

[[Page 10900]]

performance of members subject to community support review must be 
submitted to FHFA, either by electronic mail to 
[email protected], or by fax to (202) 777-1209, on or 
before March 24, 2023. 12 CFR 1290.2(c)(2).
    The names of 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, Maine, 
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, U.S. Virgin Islands) 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/who-we-are/membership/community-support-program/
Federal Home Loan Bank of Indianapolis--District 6 (Indiana, Michigan) 
https://www.fhlbi.com/services/affordable-housing/
Federal Home Loan Bank of Chicago--District 7 (Illinois, Wisconsin) 
https://www.fhlbc.com/community-investment/community-support-program
Federal Home Loan Bank of Des Moines--District 8 (Alaska, American 
Samoa, Guam, Hawaii, Idaho, Iowa, Northern Mariana Islands, Minnesota, 
Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, 
Washington, Wyoming) https://www.fhlbdm.com/legal/community-support-statements/
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

Sandra L. Thompson,
Director, Federal Housing Finance Agency.
[FR Doc. 2023-03603 Filed 2-21-23; 8:45 am]
BILLING CODE 8070-01-P

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